A Rockford man has been sentenced to three years in federal prison after admitting to defrauding the federal government out of more than $85,000 in COVID-19 relief funds, and to engaging in tax fraud.

THE PAYCHECK PROTECTION PROGRAM SUPPORTED A LOT OF BUSINESSES THROUGH THE PANDEMIC, BUT OFFICIALS SAY SOME EXPLOITED THAT LOAN PROGRAM. KCCI CHIEF INVESTIGATIVE REPORTER SUZANNE BEHNKE REPORTS ON A ...

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Regions Bank agreed to pay $4.9 million to resolve DOJ allegations over approval of an ineligible PPP loan forgiveness request.

LaFontaine Automotive Group’s management company will pay $1.5 million to settle allegations it fraudulently obtained a federal Paycheck Protection Program loan during the COVID-19 pandemic. The U.S.