One of the founders of the lender service provider Blueacorn has entered a guilty plea in a scheme intended to fraudulently obtain COVID relief money through the Paycheck Protection Program (PPP). A ...

Regions Bank has agreed to pay a $4.9 million settlement to the Department of Justice in a case involving a COVID-19 relief ...

The alleged fraud is tied to Paycheck Protection Program and Economic Injury Disaster Loans through the Small Business ...

Regions Financial will pay nearly $5 million to settle allegations that it improperly approved forgiveness of a pandemic relief loan that was ineligible for the Small Business Administration's ...

Signed into law in March 2020, the federal Paycheck Protection Program had major reach in Shasta County. The program created as part of the CARES Act provided forgivable, low-interest loans to help ...