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… $3.8 Million COVID-19 Relief Fraud Scheme Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative … controlled and by preparing loan applications for others in exchange for kickbacks. The applications contained … about the applicants’ revenues and payroll. In total, Philossaint and his co-conspirators prepared and …

… SBA’s Business Recovery Center in Unicoi County to Close for the Holidays ATLANTA– The U.S. … announced today that the Business Recovery Center (BRC) in Erwin, will be temporary closed on Dec. 24 - 25, Dec. 31, and Jan. 1 in observance of the Holidays. “When disasters strike, our …

… Holiday Closures Upcoming for SBA Business Recovery Center in Virginia ATLANTA – The U.S. Small Business Administration … Friday, 8 a.m. to 5 p.m.; closed on Saturday and Sunday.  In addition to the schedule change, the BRC will be closed on … Dec. 24, Wednesday Dec. 25, and Wednesday, Jan. 1, in observance of the Federal holidays. “SBA’s Business …

… Four Individuals Charged in COVID-19 Loan Fraud Scheme Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative … Bastrop, Louisiana, has now made her initial appearance in federal court. Previously arrested were Randy Delrosario, … Four Individuals Charged in COVID-19 Loan Fraud Scheme …

… Arrested on Charges that He Obtained More Than $2 Million in COVID Business Loans That He Invested in Cryptocurrency Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative … Arrested on Charges that He Obtained More Than $2 Million in COVID Business Loans That He Invested in Cryptocurrency …

… Property Investments LLC; Jordan Chirico Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative … Water Machine Manufacturer and Two Companies Charged in $275 Million Fraud Scheme On August 14, 2025, the … more than $275 million from more than 250 investors. In a separate action, the SEC also charged portfolio manager …

… Five People Indicted in Rockford for Fraudulently Obtaining More Than $1 Million in Federal Benefits Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative … Five People Indicted in Rockford for Fraudulently Obtaining More Than $1 Million in Federal Benefits …

… to Paycheck Protection Program Loans Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative … for which they were not eligible. Congress created the PPP in March 2020 to provide emergency financial assistance to … the borrower and its affiliated entities employed.  In January 2021, SBA announced that certain parties that had …

… to Improper Paycheck Protection Program Loan Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative … Protection Program (PPP) loan prior to Dec. 31, 2020, in violation of PPP rules. The District Court ordered … company to pay the United States a total of $1,565,294.38 in damages and penalties. “PPP loans were intended to provide …

… Prison for COVID & Bankruptcy Schemes Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative … 44, formerly of Pace, Florida, was sentenced to four years in prison after previously pleading guilty in federal court to five counts of wire fraud, three counts …

… Sentenced after Fraudulently Obtaining Over $221,000 in Paycheck Protection Program Loan Funds Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative … conviction after he fraudulently obtained about $221,400 in Paycheck Protection Loan (PPP Loan) funds and Economic …

… for $65M COVID-19 Relief Fraud Scheme Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative … of a lender service provider was sentenced to 10 years in prison for participating in a scheme to fraudulently obtain over $65 million in …

… Pleads Guilty to Practice of Hiring Aliens Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative … general manager of San Diego Powder & Protective Coatings in El Cajon, pleaded guilty in federal court today to engaging in a pattern or practice …

… Members Of A Local Drug Trafficking Organization Sentenced In Federal Court Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative … interstate drug distribution organization were sentenced in federal court during October and December of 2025.  …

… use of SBA disaster loans. The executive order comes in direct response to gross mismanagement in California, where thousands of Eaton and Palisades … the Trump SBA  approved an unprecedented $3.2 billion in disaster relief for the state. “Governor Gavin Newsom and …

… Laundering for Fraudulent Use of COVID Funds Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative … two counts of money laundering. Blair faces up to 20 years in prison on the wire fraud charge and up to ten years in prison on each money laundering count, as well as a …

… Paycheck Protection Program Fraud Scheme Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative … NYPD Detective Previously Pleaded Guilty to Participating in the Scheme Earlier today, in federal court in Brooklyn, John Bolden pleaded guilty to …

… Paycheck Protection Program Out of $437,230 Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative … for wire fraud and money laundering after he engaged in a scheme to defraud the Paycheck Protection Program and … by unlawfully submitting and obtaining $437,230 in Paycheck Protection Program (PPP) Loan proceeds. The …