3 more CPD employees, including a sergeant, face firing for PPP loan fraud

Retiring Inspector General Deborah Witzburg reported the new round of fraud in what will be her final quarterly report. Her successor will inherit 80 more cases still in the pipeline.
Reason

The PPP Was a COVID-Era Disaster. Trump Wants To Promote the Guy Who Ran It.

The pandemic-era Paycheck Protection Program (PPP) was a bloated, wasteful mess—and now the guy responsible for running it is getting a promotion. President-elect Donald Trump announced Wednesday that ...
Forbes

Companies Agree To Pay Millions To Resolve Paycheck Protection Program Lawsuits

WASHINGTON, DC - DECEMBER 01: A bipartisan group of Democrat and Republican members of Congress as they announce a proposal for a Covid-19 relief bill on Capitol Hill on December 01, 2020 in ...
The Harvard Crimson

Harvard Club of Boston to Pay $2.4 Million to Settle Loan Fraud Lawsuit

The Harvard Club of Boston will pay $2.4 million to settle a U.S. Department of Justice investigation into allegations that ...
The Business Journals

SBA's nonbank lenders could see stricter oversight. Here's what it means for businesses.

An influential senator is promising stricter oversight of nonbank lenders for the Small Business Administration in the wake of a report about fraud in Covid relief programs. Here's what it means for ...