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 ...

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.

More than 1/3 of EIDL funds were squandered on potential fraud, says a report. The watchdog report released Tuesday that revealed how some $200 billion in COVID-19 aid was potentially misspent threw ...

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 ...

The SBA's EIDL program has exhausted its funding, but a key deadline remains for small businesses. Here's what businesses need to know about the Covid-19 relief program. The Small Business ...

Extending the statute of limitations provides the U.S. Department of Justice (DOJ) and its law enforcement partners with more time to investigate and pursue COVID-19 relief fraud. The extension ...

The Small Business Administration (SBA) is giving entrepreneurs a 60-day goodwill grace period to pay back COVID-19 PPP and EIDL loans under $100,000. The Small Business Administration (SBA) is giving ...

Bailey was sentenced today to one year and two months in prison, to be followed by three years of supervised release, and ...

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 ...

A Louisiana man was sentenced to 10 years in prison for money laundering related to a fraudulent scheme involving Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) Program ...