
United States
Subsidiary of Chinese State-Owned Entity to Pay $14.2M to Resolve False Claims Act Allegations Relating to Paycheck Protection Program Loan
Subsidiary of Chinese State-Owned Entity to Pay $14.2M to Resolve False Claims Act Allegations Relating to Paycheck Protection Program Loan
Violations of the False Claims Act as the Result of Fraudulent Payment Protection Program Loans Settled in United States District Court
Former Hawaii CEO Sentenced to 87 Months Imprisonment on Covid-Relief Fraud and Bank Fraud
Convicted Felon Admits To Defrauding COVID-19 Programs While On Supervised Release
Head of Consulting Firm Eclipse Capital Partners Agrees to Pay Over $3.2 Million to Resolve Alleged False Claims Act Violations Relating to Economic Injury Disaster Loan Program
SBA’s Awarding of Small Business Lending Company Licenses
The Office of Inspector General (OIG) is issuing this Evaluation report to assess the Small Business Administration’s process for awarding Small Business Lending Company (SBLC) licenses and its compliance with licensing procedures. An SBLC is a non-depository lending institution that is licensed and...
SBA’s Use of Hold Codes for Potentially Fraudulent PPP Loans Referred by Lenders
The Office of Inspector General (OIG) is issuing this management advisory to bring attention to concerns regarding SBA’s use of hold codes for potentially fraudulent Paycheck Protection Program (PPP) loans referred by lenders. Opportunities exist for SBA to enhance its handling of lender-referred...
COVID-19: Data Sharing Project Finds Billions Paid to Same Likely Fraudsters Under Both the Unemployment Insurance and Economic Injury Disaster Loan Programs
The Office of Inspector General (OIG) is issuing this inspection report to determine whether data sharing between the Employment and Training Administration and the U.S. Small Business Administration (SBA) could mitigate the risk of fraudulent unemployment insurance benefit payments and SBA disaster...