“Mark Ethan Jermain fraudulently applied for and received PPP loans for businesses that didn’t exist anywhere but on paper. Furthermore, he used the identity of a former business partner, unbeknownst to the partner, to defraud the taxpayer funded program out of nearly three quarters of a million dollars,” said FBI St. Louis Special Agent in Charge Ashley Johnson. #loan
Three Chicago-Area Residents Charged with COVID-Relief Fraud (Chicago, IL) — Three Chicago-area residents have been indicted on federal charges for allegedly fraudulently obtaining more...
Thousands of companies working their way out of bankruptcy are now eligible for the Paycheck Protection Program after ProPublica reported that the Small Business Administration had been excluding them.