The agency is left with few options when it comes to selling collateral tied to a popular Covid-19 relief program. Here's where it's turning for help. The U.S. Small Business Administration needs help ...

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 ...

After scammers made off with billions of dollars in pandemic-era emergency loans that were supposed to go to small businesses, the federal agency responsible for running that program is now giving up ...

This story has been updated with information from a Wednesday afternoon court appearance. SIOUX FALLS, S.D. (KELO) – A Sioux Falls man faces felony charges related to an alleged scheme of identity ...

Rep. Roger Williams, chairman of the House Small Business Committee, has been critical of the Small Business Administration's handling of the EIDL portfolio. Nearly three years after a consultant ...

A former Columbus resident has pleaded guilty to fraudulently obtaining and using more than $1 million in applications for federal COVID-19 relief loans for businesses. James P. Dawson, 40, pleaded ...

MONTGOMERY, Ala. (WTVM) - A Phenix City man has learned his fate after pleading guilty to wire fraud and money laundering charges related to loans he received through the Coronavirus Aid, Relief, and ...

Creed White, 67, was sentenced to 10 years in federal prison along with $11.5 million in restitution from a case involving ...

Adolphus Obioha told a federal judge he made an honest mistake when he applied for a pair of small-business loans totaling more than $426,000 during the height of the COVID-19 pandemic. In his loan ...

A Baton Rouge business owner was federally indicted, accused of using federal small business loans to buy himself a new car and wire more than $170,000 overseas. Adolphus Obioha, 64, received a ...

CHARLESTON, S.C. (WCIV) — A Charleston man who pleaded guilty to fraudulently obtaining more than $80,000 in COVID relief funds was sentenced to one year in federal prison, the United State Attorney's ...