The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was a federal law enacted in or around March 2020 designed to provide emergency financial assistance to the millions of Americans who ...

IRVINE, Calif. (KABC) -- An Irvine man allegedly obtained about $5 million in federal coronavirus-relief loans for his fake businesses and then spent the funds on himself, including buying Ferrari, ...

One of the founders of the lender service provider Blueacorn has entered a guilty plea in a scheme intended to fraudulently obtain COVID relief money through the Paycheck Protection Program (PPP). A ...

Add Yahoo as a preferred source to see more of our stories on Google. A federal judge has sentenced a Loxahatchee woman described as the ringleader of a South Florida Paycheck Protection Program fraud ...

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DANIA BEACH, Fla. (CBS12) — Two Venezuelan natives who were granted Temporary Protected Status (TPS) in the U.S. have been charged with submitting false and fraudulent Payment Protection Program loan ...

A founder of a lending service company has pleaded guilty to a serious crime involving fake loans tied to the COVID-19 relief program. Nathan Reis, who co-founded the company Blueacorn, admitted to ...

Araceli Benitez allegedly advertised services to obtain Paycheck Protection Program loans. Benitez arrested in FBI, IRS investigation into COVID-19 relief fraud. Paycheck Protection Program was ...

Billionaire Herb Chambers will pay $11.8 million to settle allegations that his companies improperly obtained Paycheck Protection Program (PPP) loans. Chambers' companies allegedly sought loans ...

Allegations of fraud came to light through a previously sealed lawsuit brought by two whistleblowers. The whistleblowers will receive a combined 15% of the settlement amount, the U.S. Attorney’s ...