The Department of Justice announced last week that three women, including former SBA Loan Officer Rena Barrett, have pleaded guilty in separate COVID-19 relief fraud schemes that have become all too familiar at this point. These cases, prosecuted in the Northern District of Georgia, demonstrate both the scale of pandemic-era fraud and the government’s ongoing push to hold offenders accountable.

In one of the more notable COVID-relief fraud cases to hit the lending industry, a California business loan broker has been sentenced to nearly four years in prison for orchestrating a scheme to defraud the Small Business Administration’s Economic Injury Disaster Loan (EIDL) program.

Smallwood, who was part of the Eagles' Super Bowl-winning team, is accused of submitting fraudulent applications to both the Economic...

The Small Business Administration's (SBA) disaster loan program has officially exhausted its funds, leaving many Americans in a precarious..

Now here we are over 2 and a half years after the program rolled out and tens of billions are assumed as fraud with much of it likely never