A new report details how small businesses that tapped the SBA's EIDL program during the pandemic are facing greater financial challenges than companies that didn't turn to the offering for support.

In March 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act to provide emergency financial assistance during the pandemic. The CARES Act included funding in the form ...

Former Missouri House Speaker John J. Diehl Jr. sentenced for COVID-19 loan fraud, misusing $379,900 intended for small businesses in St. Louis and Jefferson City.

ROANOKE, Va. (WFXR) – A Roanoke woman who was behind a large-scale wire fraud scheme to steal from various pandemic relief programs was sentenced on March 11 to eight years in federal prison and ...

A New Jersey man who pleaded guilty to conspiracy to commit wire fraud and money laundering was sentenced to 33 months in prison for his role in fraudulently obtaining Paycheck Protection Program ...

Update: The Paycheck Protection Program and Bank Fraud Enforcement Harmonization Act and the COVID-19 Economic Injury Disaster Loan Fraud Statute of Limitations Act were signed into law in early ...

Criminal gangs in the United States and foreign countries have stolen billions of dollars from three federal programs that helped small businesses, nonprofits and workers to survive the COVID-19 ...

It seems that small-business owners who took out disaster loans from the U.S. Small Business Administration cut quite the deal as the Federal Reserve deploys historic measures to tame spiraling ...

As a resident in Los Angeles County, I’ve seen firsthand how challenging it’s been for small businesses to stay afloat during the recent period of civil unrest. The U.S. Small Business Administration ...

WASHINGTON — A D.C. man will serve 10 years in prison for attempting to steal $31 million in COVID-19 relief funds. Despite not succeeding in stealing the full amount, Elias Eldabbagh, 31, was still ...