Milford-Based Company Pays Over $2 Million To Resolve Loan Allegations, Federal Prosecutors Say

A company that operates 130 fitness centers has agreed to pay the government to resolve a pandemic-era loan dispute.
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 ...
Forbes

FinTech Founder Pleads Guilty In Paycheck Protection Program Fraud Scheme

One of the founders of the lender service provider Blueacorn has entered a guilty plea in a scheme intended to fraudulently obtain COVID relief money through the Paycheck Protection Program (PPP). A ...
Homeland Security Today

OIG Finds $692 Million in Duplicate Loans Made Under the Paycheck Protection Program

The Small Business Administration Office of Inspector General reviewed PPP regulations and the Paycheck Protection Program and Health Care Enhancement Act, in addition to guidance published in SBA’s ...