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  2. Those employees, along with an army of contractors, are responsible for overseeing a loan portfolio that currently includes 48,000 PPP loans with an outstanding balance of $1.3 billion and dealing ...

  3. Op-ed: How the FBI is investigating the largest fraud ... - AOL

    www.aol.com/op-ed-fbi-investigating-largest...

    Recently, one of our investigations led to 19 U.S. Postal Service employees and former employees in central Illinois being charged with defrauding the PPP by claiming bogus expenses in fictitious ...

  4. A couple who worked as Broward deputies found guilty of ... - AOL

    www.aol.com/couple-worked-broward-deputies-found...

    The only other BSO employee convicted of PPP loan fraud to be sent to prison: Stephanie D. Smith. The former BSO deputy school resource officer was found guilty in March of wire fraud charges for ...

  5. 3 VA employees from Belleville charged in scheme to steal ...

    www.aol.com/news/3-va-employees-belleville...

    “Countless small business owners and employees fell on hard economic times during the COVID-19 pandemic, and PPP loans allowed many to keep their families fed and lights on,” U.S. Attorney ...

  6. PPP program was awash in fraud. Now, one lender may ... - AOL

    www.aol.com/news/ppp-program-awash-fraud-now...

    The PPP program bailed out the Georgia-based online lender, which went from furloughing employees in March 2020 to being an appealing takeover target in a matter of months thanks in part to the $7 ...

  7. Paycheck Protection Program - Wikipedia

    en.wikipedia.org/wiki/Paycheck_Protection_Program

    President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...

  8. Illinois watchdog has referred 177 cases of alleged PPP loan ...

    www.aol.com/finance/illinois-watchdog-referred...

    The watchdog overseeing agencies under Gov. J.B. Pritzker has referred 177 cases to law enforcement in which there was “reasonable cause to believe” a state worker “improperly obtained” a ...

  9. 17 Broward sheriff’s employees face charges of fleecing ...

    www.aol.com/dozens-broward-sheriff-employees...

    The feds have focused their COVID-19 loan fraud probe on BSO deputies and others in the agency. ... said that the investigation began in late 2021 with a probe of a single deputy and evidence from ...