The Small Business Administration says it will not accept new Payment Protection Program or Economic Injury Disaster Loan applications yet, even though the U.S. Senate yesterday passed a new $480 ...
Raisha Kelly, 44, of Loxahatchee, Florida, was sentenced to five years in prison for orchestrating a Paycheck Protection Program fraud scheme. Kelly conspired with 13 others to submit fraudulent loan ...
The Small Business Administration (SBA) announced Thursday that it suspended 6,900 Minnesota borrowers after uncovering what it says is widespread suspected fraud. SBA Administrator Kelly Loeffler ...
In total, six of the applications were approved, resulting in more than $1 million in fraudulently obtained SBA loan proceeds ...
A London woman was sentenced Tuesday to 44 months in federal prison for wire fraud and conspiracy to commit money laundering, ...
Jaimeka Michelle Austin, 32, pleaded guilty in 2025 to one count of conspiracy to commit wire fraud and one count of money laundering.
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