Florida Man Charged with $1.6 Million Cares Act Loan Fraud Scheme
NEWARK, N.J. – A Florida man will make his initial court appearance today on charges related to his role in a scheme to fraudulently obtain over $1.6 million in federal…
NEWARK, N.J. – A Florida man will make his initial court appearance today on charges related to his role in a scheme to fraudulently obtain over $1.6 million in federal…
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…
Baltimore, 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. …
ALEXANDRIA, 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…
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…
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…
LOS 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…
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…
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…
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…
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…
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…
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…
BANGOR, 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.…
SAN 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…
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.…
Baltimore, 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…
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…
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…
BOSTON – 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)…
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…
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…
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…
A 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…
BOSTON – 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…