Recent analysis from the U.K. finds more than $1 billion in COVID relief loans involved irregularities such as fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
FinTechs failed the American government during the pandemic, while traditional banks wisely sat things out. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
A U.S. House subcommittee said FinTech companies facilitated fraud in the Paycheck Protection Program (PPP). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Federal prosecutors say that a former Olympic speed skater fraudulently obtained $10 million in COVID relief funds, using some of that money to finance a movie made by “Lord of the Rings” actor Elijah Wood about serial killer Ted Bundy. Get the Full Story Complete...
July 05, 2021
The sun is high, the temperature is rising, and with COVID restrictions being lifted around the U.S., Independence Day marks the first opportunity for many to embrace a gathering around the barbeque or a group trip to the beach. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access […]
March 08, 2021
The anniversary of the United States’ first pandemic-related lockdown measures is fast approaching. March 19 will mark 365 days since California became the first — though certainly not the last...
November 13, 2020
Government-benefits fraud runs at about 10 percent even during normal times, but now that the pandemic has exponentially increased U.S. federal stimulus spending, the level of theft is on the...
October 21, 2020
The pandemic’s economic impacts have taken a toll on all businesses but in many ways, small- to medium-sized businesses (SMBs) have faced more harm than others. Get the Full Story...
September 14, 2023
The Internal Revenue Service (IRS) has placed a moratorium on processing new claims for the Employee Retention Credit (ERC), a pandemic-era relief program, aiming to prevent a recurrence of the sort of fraud that happened around the Paycheck Protection Program (PPP). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content […]
January 05, 2023
Recent analysis from the U.K. finds more than $1 billion in COVID relief loans involved irregularities such as fraud. Get the Full Story Complete the form to unlock this article...
December 01, 2022
A U.S. House subcommittee said FinTech companies facilitated fraud in the Paycheck Protection Program (PPP). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
December 17, 2021
Federal prosecutors say that a former Olympic speed skater fraudulently obtained $10 million in COVID relief funds, using some of that money to finance a movie made by “Lord of...
