ATHENS – Alpha Bank, one of Greece’s four largest lenders, said on Friday it signed a binding agreement to sell a 400 million euro ($407 million) portfolio of unsecured bad …
Topic:
Loan
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Brother of Baltimore Business Owner Admits to Falsely Claiming His Brother’s Bank Balance and Activity as His Own in Order to Obtain a Federal Housing Administration Loan
by DOJ PressBaltimore, Maryland – Calvin Abramowitz, age 48, of Lakewood, New Jersey, pleaded guilty today to bank fraud. As part of his guilty plea, Abramowitz has been ordered to pay $209,036. …
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Second Defendant Pleads Guilty to Multimillion Dollar Tax Fraud Scheme Involving Professional Athletes and a PPP Loan Fraud Scheme
by DOJ PressALEXANDRIA, Va. – A California man pleaded guilty today to conspiring with others in separate fraud schemes to defraud the IRS and the Paycheck Protection Program (PPP), a federal loans …
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TUNIS – The International Monetary Fund (IMF) said its talks with Tunisian authorities for a staff level agreement on a rescue package would continue “over the coming weeks” as the …
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By Chibuike Oguh NEW YORK – A decision by banks to change how they invest spare capital is limiting their ability to extend loans to companies with weak balance sheets …
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Tarzana Accountant Pleads Guilty to Fraud Charge for Helping Client Fraudulently Obtain $1.2 Million COVID-Related Business Loan
by DOJ PressLOS ANGELES – A San Fernando Valley certified public accountant pleaded guilty today to a federal criminal charge for helping a long-time client fraudulently obtain a $1.2 million COVID-19 …
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NEWPORT NEWS, Va. – A Stockbridge, Georgia, woman pleaded guilty yesterday to conspiring with others to submit millions of dollars in fraudulent disaster-related loan applications in connection with the COVID-19 …
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Dems Pushing College Loan Forgiveness Owe Massive Sums In Student Debt, Records Show Gabe Kaminsky on July 12, 2022 Over a dozen Democratic members of Congress who have supported student …
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ST. LOUIS – A woman from Florissant pleaded guilty to federal charges Monday and admitted submitting fraudulent applications that triggered $828,813 in loans and grants that were supposed to go …
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ALEXANDRIA, Va. – A McLean man was sentenced today to 33 months in prison for his role in a conspiracy that involved the submission of at least 63 fraudulent loan …
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NEWPORT NEWS, Va. – A Hampton man was sentenced today to 27 months in prison for falsely applying for loans intended to grant COVID-19 relief to small businesses. According to …
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By Kanishka Singh WASHINGTON – The U.S. government wants to simplify the student loan forgiveness process for defrauded students and make it easier for public servants to get the debt …
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Former Bangor Business Owner Pleads Guilty to Paycheck Protection Plan (PPP) Loan Fraud
by DOJ PressBANGOR, Maine: A Skowhegan man pleaded guilty today in federal court to a bank fraud scheme arising from his applications for Paycheck Protection Plan (PPP) loans, U.S. Attorney Darcie N. …
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California Man Pleads Guilty For $3.6 Million Paycheck Protection Program And Economic Injury Disaster Loan Fraud
by DOJ PressSAN FRANCISO –Lebnitz Tran pleaded guilty to criminal charges related to a scheme to submit fraudulent loan applications seeking millions of dollars in Paycheck Protection Program (PPP) and Economic Injury …
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By John McCrank NEW YORK – The one-year countdown began on Thursday to the end of the publication of the tarnished London Interbank Offer Rate, or Libor, for existing U.S. …
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Baltimore City Man Facing Federal Charges for Allegedly Submitting Fraudulent Covid-19 Cares Act Relief Loan Applications and Stealing the Identity of a Tax Preparer
by DOJ PressBaltimore, Maryland – A federal grand jury has returned an indictment charging Dana Lamar Antonio Hayes, Jr., age 37, of Baltimore, Maryland, on the federal charges of wire fraud, money …
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By David Lawder WASHINGTON – The International Monetary Fund said on Wednesday its management had approved a staff-monitored program for Haiti to establish a track record of policy implementation that …
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By Giuseppe Fonte and Valentina Za ROME – The Italian Treasury is set to guarantee a 2 billion euro ($2.1 billion) bank credit line for Telecom Italia (TIM), three sources …
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Former Owner of Illicit Massage Parlor Sentenced for Submitting Fraudulent COVID-Relief Loan Applications
by DOJ PressBOSTON – The former owner of a massage parlor pleaded guilty yesterday in connection with filing fraudulent applications for pandemic-related loans under the Coronavirus Aid, Relief and Economic Security (CARES) …
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By Tarek Amara TUNIS – The International Monetary Fund said on Wednesday it welcomed an economic reform program announced by the Tunisian government this month and is ready to start …
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House GOP Demands Investigation Into Biden Staffers Who Could Benefit From Student Loan Forgiveness Gabe Kaminsky on June 17, 2022 House GOP members are calling on the Office of Government …
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ST. LOUIS – A woman from St. Louis on Friday admitted fraudulently obtaining a $291,000 loan meant to help businesses survive the COVID-19 pandemic. Porshia L. Thomas, 31, pleaded guilty …
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Couple who Fraudulently Obtained Almost $743,000 in Paycheck Protection Program Loan Scheme Pleads Guilty in Federal Court
by DOJ PressA Tulsa couple who fraudulently applied for approximately $2.7 million in Paycheck Protection Program Loans pleaded guilty this week in federal court, announced U.S. Attorney Clint Johnson. Paycheck Protection Program …
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Leicester Man Sentenced to Nearly Three Years in Prison for Unemployment and Loan Fraud Schemes Related to COVID-19 Pandemic
by DOJ PressBOSTON – A Leicester man was sentenced yesterday in federal court in Worcester for his involvement in fraud schemes affecting the United States Small Business Administration (SBA) Loan and Pandemic …
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Coral Springs Police Officer Charged with COVID Relief Fraud, Using Loan Money to Service and Repair His Vintage Car
by DOJ PressMiami, Florida – A South Florida federal grand jury has charged a Coral Springs police officer with fraudulently applying to the U.S. Small Business Administration (“SBA”) for a COVID-19 relief …