Page 27 - Fraud Enforcement Task News Today

Billions of dollars in COVID-19 relief funds that were intended to help US citizens struggling during the pandemic were misappropriated by fraudsters who used it to purchase luxury goods, cars and mansions, say government watchdogs.

Nigerian man claiming to be a prince sentenced for fraud

PHOENIX, Ariz. – A local area man was sentenced Thursday to 48 months in prison and ordered to pay over $2.2 million in restitution for fraudulently obtaining millions of dollars in Paycheck Protection Program (PPP) loans and Economic Injury Disaster Loans. This case was investigated by U.S.

The CARES Act of 2020 created three pandemic-related oversight entities, and our series will examine their successes and failures as well as their chall...

The Federal Reserve Board ("FRB") announced on April 5 that it had entered into six separate consent orders with individuals who were previously employed at a state member bank...

The Federal Reserve Board (“FRB”) announced on April 5 that it had entered into six separate consent orders with individuals who were previously employed at a state member bank or bank...

UPDATE APRIL 8, 2022: A federal judge has determined the penalty for a 52 year old woman formerly from Pierre ...

As part of a larger scheme, the woman received and transferred unemployment funds across state lines and even as far as Ghana.

PROVIDENCE, R.I. –  A North Providence man who lives and works in Rhode Island today admitted that he filed COVID-relief unemployment applications in at

United States Attorney Dennis R. Holmes announced that a Miller, South Dakota, woman convicted of Money Laundering was sentenced on April 4, 2022, by U.S.