Small-business owners say they were mistakenly accused of defaulting on federal Covid loans
Small-business owners say their Covid disaster loans were wrongly deemed delinquent or in default as a result of errors by ...
Illinois businessman charged with fraud over $6.3 million PPP loan scheme during COVID pandemic
Francesco Distefano, 28, has been charged with 11 counts of wire fraud, five counts of money laundering, and one count of ...
Director claimed £50k Covid loan then closed firm
A company director from Hertfordshire who claimed a £50,000 Covid loan and then dissolved her business has been given a ...
SBA writes off billions more in Covid-era small-business loans
The Small Business Administration has again written off billions of dollars in Covid-era small-business loans, and two newly ...
Auto Loan Delinquency Rates Headed In Right Direction, Study Predicts
Delinquencies on auto loans are expected to stabilize this quarter and decline in the final three months of 2025, a ...
NJ man pleads guilty to getting $900,000 COVID loan for fake company
Joseph McKeon pleaded guilty in Newark federal court to an indictment charging him with one count of wire fraud and one count ...
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CFPB analyzes borrower challenges in the first seven months of student loan repayments
On November 26, the CFPB published a report that provided an analysis of the first seven months following the resumption of federal student ...
Pembroke Pines spa owner accused of using fraudulent COVID loans for luxuries
FORT LAUDERDALE — A Pembroke Pines spa owner is accused of fraudulently obtaining COVID-19 relief loans and grants worth more ...
A gambling underworld: Federal COVID aid went to illegal Florida casinos
At least nine illegal Florida gambling arcades received taxpayer-backed COVID-relief loans. Four got raided. Almost all the ...
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Army major, two sergeants charged with fraud for illegally claiming COVID-19 loans
Major Eduwell Jenkins, 42, and Sgt. Malaysia Stubbs, 30, pleaded guilty to obtaining fraudulent Paycheck Protection Program ...
Canada Fumbled Oversight of Billions in Covid-Era Business Loans, Auditor General Says
The Canadian government rolled out C$49 billion ($34.8 billion) in loans to businesses during the Covid-19 pandemic without ...
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Director claimed £50k Covid loan then closed firm
A company director from Hertfordshire who claimed a £50,000 Covid loan and then dissolved her business has been given a suspended prison sentence. Irena Tokarczyk, 66, of Ashburnham Drive ...