The Paycheck Protection Program has been dogged by allegations of widespread fraud, and at the same time, banks are being forced to spend more to combat other types of fraud. Loan-level data from the ...

An anonymous tipster reached out to NPR a few months ago with an intriguing allegation: A high-ranking elected official in Chicago took out a suspicious pandemic loan back in 2021. To start this story ...

ATLANTA — Investigators are calling it one of the largest frauds in American history — money intended to go to people hurt financially by the pandemic instead stolen by fake companies and con artists.

A sprawling congressional report accuses several little-known financial technology companies, or fintechs, of reaping "billions in fees from taxpayers while becoming easy targets for those who sought ...

After COVID-19 shutdowns put Miami hairdresser Vicki LeMaster out of work, a friend recommended that she apply for a Paycheck Protection Program loan through the online lender Kabbage. “I didn’t want ...

For Louine Raymonvil, the $105,000 Paycheck Protection Program loan his North Miami Beach security business received in June 2020 was a godsend. “The help was there for me to help with employees, so ...