Six family members indicted for defrauding $166K in COVID-19 relief funds through fake PPP loans and unemployment claims in Brooklyn.

Prosecutors say the settlement resolves serious allegations under the False Claims Act. Here's how much they'll pay.

Some small businesses that received loans from the government's Paycheck Protection Program during the COVID pandemic were eligible for loan forgiveness, but they decided to repay the money anyway.

As COVID-19 shutdowns threatened businesses back in 2020, the U.S. government began issuing nearly $800 billion in potentially forgivable Paycheck Protection Program loans. The program was designed to ...

When President Joe Biden announced his plan to slash student debt for millions of Americans on Wednesday, Republicans argued that the program would transfer money from blue-collar Americans to wealthy ...

The Paycheck Protection Program is back in the spotlight as sparring continues over President Joe Biden's student loan forgiveness plan. President Biden's announcement that it would cancel up to ...

Sharnae Every was sentenced to 41 months for creating over 110 fake PPP loans, including supervised release and a fee, following an investigation by the PRAC.

Coleman is also accused of lying on the document about the year her business was established as well as its gross income. The ...

A group of small businesses allege in a new lawsuit that Bank of America left them with unforeseen debt after overstating the amount of their pandemic aid that was eligible for loan forgiveness. In a ...

Since unveiling its Student Loan Debt Relief Plan last week, the Biden administration and its allies have struggled to explain its rationale and defend the policy on its merits. As criticism has ...

Fewer than 10% of all Paycheck Protection Program loans remain unforgiven, and the majority of those belong to one-person businesses — companies the program most intended to help. We've been talking ...