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DOJ's new WHIP program pays up to $30,000 at the charging stage for fraud tips, including SBA programs. The 120-day internal reporting clock is the part to watch.

Richard Teplitsky has pleaded guilty to mail fraud in a decades-long investment scheme built around purported equipment loans. Federal prosecutors put the losses at $54.4 million.

Timothy Wadsworth got 51 months for a $2 million fraud spanning EIDL, PPP, unemployment and stolen credit cards. The relief money was not where it started.

California man convicted of SBA EIDL fraud after gambling $442K and paying a $100K kickback. The case raises questions about loan oversight.

Arthur Spitzer pleaded guilty to mortgage fraud and $1.8M in EIDL fraud. Why COVID relief was the easiest mark a paper fraudster ever found.

Dallas loan broker Kwanghee Anh fled the U.S. for years after a $29M bank fraud scheme. She was caught in South Korea and sentenced to 58 months.

A Georgia businessman faces bank and wire fraud charges after prosecutors say he used fabricated brokerage statements and forged documents to obtain $24 million in financing.

Carmine Agnello, grandson of mob boss John Gotti, has begun his 15-month prison term for $1.1M in COVID relief fraud after a judge denied further kidney transplant delays.

First Brands is asking a bankruptcy court to approve a creditor settlement built around litigation recoveries as the Justice Department objects.

A Michigan man was sentenced to prison for PPP loan fraud and COVID rental assistance fraud, highlighting ongoing pandemic relief fraud enforcement.

Palm Beach native Elaine Angene Escoe is on the run for a massive $34 million pandemic relief fraud scheme, making FBI history in the process.

John Gotti's grandson stole $1.1M in COVID relief, funneled $420K into crypto, and got 15 months in prison. Prosecutors wanted three years. Here's why that matters.

From a $40 million Houston bank fraud scheme to a South Florida deputy's PPP loan scam, two new cases show how financial fraud is being prosecuted.

At MoneyThumb, we see this firsthand. Fraudsters are no longer just exploiting weak passwords or outdated software; they’re mimicking entire financial identities.

When First Brands Group filed for bankruptcy on September 28, 2025, Wall Street expected a messy restructuring. What they got instead was a financial crime thriller involving $2.3 billion in factoring deals that simply vanished, and a DOJ investigation into one of the most brazen alleged frauds in recent memory.

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