All Posts

SBA suspended 27,486 Ohio borrowers tied to $1.1B in suspected PPP and EIDL fraud as pandemic loan prosecutions continue.

Randon Williams of West Bloomfield, Michigan, faces federal charges after allegedly pocketing over $5.2 million in PPP loans across multiple businesses.

Recent top stories: Bolt cuts 30% of staff citing AI, Pipe raises $16M to expand embedded financing for small businesses, and a Buffalo man faces 10 federal counts for PPP loan fraud.

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.

Four defendants sentenced to federal prison for a massive $11.5M PPP and EIDL fraud involving 120 pandemic loans. Get the full case breakdown and analysis.

The SBA suspended over 111,000 California borrowers tied to suspected PPP and EIDL fraud. Here’s what the agency claims and how it compares to documented federal enforcement.

Funder Intel's DOJ Fraud Tracker: A New Jersey couple faces federal charges for allegedly using fake businesses and falsified tax documents to fraudulently obtain COVID-19 relief funds.

Ex-Phoenix anchor Stephanie Hockridge gets 10 years for orchestrating one of the biggest PPP frauds. How she and her husband stole $63M in COVID relief funds.

The convicted individual, Rosalend Way, 40, was found guilty of wire fraud conspiracy and money laundering after a three-day trial in the Middle District of Georgia. Prosecutors say she and a co‑defendant, James Frank Austin of Americus, strategically misrepresented payroll data and company ownership to secure millions in PPP funds guaranteed by the Small Business Administration.

Reis, aged 47 and residing in Puerto Rico after relocating from Arizona, admitted to conspiring to commit wire fraud, orchestrating fake Paycheck Protection Program (PPP) loan applications through Blueacorn.

Federal prosecutors continue their aggressive pursuit of Paycheck Protection Program (PPP) fraud, with two recent high-profile convictions demonstrating that the Department of Justice remains committed to holding fraudsters accountable nearly five years after the pandemic began.