Yasir G. Hamed, 60, of Woodbridge, was also ordered to repay the fraudulently obtained funds and serve three years of ...

A 60-year-old Woodbridge man was sentenced to two years and eight months in federal prison on Monday after pleading guilty to ...

KS Bank, the NC Bankers Association, as well as state and federal banking regulators are seeing a scam increasingly spreading ...

More than four years after the Paycheck Protection Program, or PPP, stopped accepting applications, the U.S. federal government is still combating fraud that exploited the emergency fund disbursements ...

Luxury cars, homes, jewelry and casino trips were among the spoils of some of the biggest pandemic era fraud cases, according to a CBS News review of five years of government records and data.

Kaylee Lunn, a former executive at Prosperity Bank, was sentenced to 48 months in federal prison for wire fraud related to ...

The U.S. Attorney's Office in Atlanta said 49-year-old Carl Delano Torjagbo was convicted of several crimes after obtaining a fraudulent $9.6 million PPP loan and filing fraudulent tax returns that ...

A Kansas City business owner admitted that he lied on his PPP loan application and then lied again to the SBA when he sought ...

One of the founders of Blueacorn — a fintech developed during the heyday of the pandemic-era Paycheck Protection Program — was found guilty by a federal jury of conspiring to fraudulently obtain tens ...

The founders of a financial technology firm that arranged pandemic relief loans for thousands of small businesses nationwide — including more than 3,200 on Long Island — are each facing up to 20 years ...

Seven adults, Lori Jackson, 63, Saidrick Jackson, 61, Saidrick Jackson II, 36, Saundria Jackson, 36, D’Andria Todd, 46, Bianca Williams, 33, and Valencia Williams, 53, admitted to conspiracy and wire ...