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… taking historic steps to shrink bureaucracy, crack down on fraud, and advance the deregulatory, affordability, and fair … rates of loan default due to lax oversight. Eliminating Fraud and Cutting Regulations SBA  launched a full-scale … a DOJ investigation uncovered a years-long $550 million fraud and bribery scheme. SBA  ordered all 3,400  8(a) …

… Chicago Indicts Five Individuals for Alleged COVID-Relief Fraud Click Here to Sign Up for SBA OIG Email Updates on … ADAM JABER, HASSAN KURDI, and ABDALLAH ISSA engaged in fraud related to the Paycheck Protection Program (PPP), … 33, of Tinley Park, Ill., with nine counts of wire fraud; Intzes, 35, of Orland Park, Ill., with five counts of …

… Fraud Mitigation Oversight Evaluation Program Evaluation & … of the U.S. Small Business Administration’s (SBA) Fraud Mitigation Oversight was conducted using a range of … SBA materials, a literature review of best practices in fraud risk mitigation, interviews with SBA stakeholders, …

… SBA Highlights Range of New Measures to Stop Fraud WASHINGTON – Today, the U.S. Small Business … loan application process to strengthen protections against fraud and ensure its programs only benefit eligible American … U.S. Social Security Administration. Key changes to combat fraud within the SBA’s loan programs include: Citizenship …

… and a Half Years in Prison for $3.3 Million COVID-Relief Fraud Click Here to Sign Up for SBA OIG Email Updates on … to identify, investigate, and prosecute criminal fraud in the federal government entitlement and benefit … District of Illinois is taking a fresh look at Covid-19 fraud. In 2020 and 2021, FRANCESCO DISTEFANO and a …

… Chicago Indicts Four Individuals for Alleged Covid-Relief Fraud Click Here to Sign Up for SBA OIG Email Updates on … ROYSTON, ORLANDO PATRICK, and JERMIE MILLER engaged in fraud related to the Paycheck Protection Program (PPP) and … 41, of Woodridge, Ill., with seven counts of wire fraud and three counts of money laundering; Royston, 49, of …

… Ringleader Sentenced in Multimillion-Dollar Fraud Operation which Saddled Victims with Crushing Debt … to federal prison for leading a sweeping mortgage and loan fraud scheme that defrauded businesses, banks, mortgage … March 5 to 34 counts to include conspiracy to commit bank fraud, wire fraud, mortgage fraud and conspiracy to make …

… Four Charged With $7 Million Pandemic Relief Fraud Scheme Click Here to Sign Up for SBA OIG Email Updates … been indicted on one count of conspiracy to commit wire fraud: Sniders Jean-Jacques, 38, of Miami; Lorne Johnson, 38, … indictment with conspiracy to commit wire and bank fraud related to a scheme to obtain mortgage loans and …

… Federal Prison in Connection With $24-Million COVID Relief Fraud Scheme Click Here to Sign Up for SBA OIG Email Updates … — in connection with a conspiracy to commit wire fraud affecting financial institutions. The fraud involved submitting more than $24 million in fraudulent …

… Nigerian Man Convicted On Multiple Charges Including Wire Fraud, Conspiracy To Commit Money Laundering, And Aggravated … was convicted by a federal jury on six counts of wire fraud, three counts of aggravated identity theft, one count of wire fraud conspiracy, and one count of conspiracy to commit money …

… of Lender Service Provider Pleads Guilty for Role in PPP Fraud Scheme Click Here to Sign Up for SBA OIG Email Updates … responsibility to investigate and pursue those who commit fraud for personal gain very seriously,” said Assistant … to prevent these programs from becoming targets and fight fraud wherever we find it.” According to court documents, …

… Couple Charged in COVID-19 Fraud Scheme Click Here to Sign Up for SBA OIG Email Updates … each charged with one count of conspiracy to commit bank fraud.  They made their initial appearances on January 20, … kept the proceeds. The count of conspiracy to commit bank fraud carries a maximum penalty of 30 years in prison and a …

… Last of Eight Defendants Sentenced in $7.7 Million Pandemic Fraud Scheme Click Here to Sign Up for SBA OIG Email Updates … the last of eight defendants in a $7.7 million pandemic fraud scheme targeting the Small Business Administration and … defendants in this case all pleaded guilty to various wire fraud and identity theft offenses before Judge Judith E. …

… U.S. Attorney’s Office Secures Nearly $9 Million in Fraud and Money Laundering Proceeds from Fraudulently … to the United States approximately $7 million in fraud and money laundering proceeds, as well as a real property purchased with laundered fraud proceeds that has an estimated market value of nearly …

… General Sign Data Sharing Agreement to Strengthen Fraud Detection and Enforcement Coordination LOS ANGELES, … efforts to detect, refer, and support investigations into fraud impacting federal programs. The agreement follows a … more timely access to relevant data and analytics. “Fraud schemes move quickly, and our oversight approach has to …

… Provider Convicted for Role in Multimillion-Dollar PPP Fraud Scheme Click Here to Sign Up for SBA OIG Email Updates … commitment to protecting taxpayer-funded programs from fraud and abuse,” said Assistant Director Jose A. Perez of … of Inspector General. “SBA OIG will aggressively root out fraud to protect the integrity of SBA’s programs, which are …

… Public Servants Sentenced for COVID-19 Relief Fraud Click Here to View the Original U.S. Department of … The sentence follows Stephen’s conviction for wire fraud in connection with his fraudulent applications for two … Arestuche’s conviction for conspiracy to commit wire fraud in connection with his fraudulent application for an …