TAMPA, Fla. (WFLA) — A Florida man who was caught using fraudulently obtained Paycheck Protection Program funds to buy several cars and a $4.9 million mansion in Seminole County learned his sentence, ...

President William Ruto has told officials at the Kenya Electricity Transmission Company Kenya Electricity Transmission Company (KETRACO) that the government will no longer rely on borrowing to finance ...

(KTLA) — A California man was sentenced to federal prison on Friday for using millions in fraudulent COVID-relief loans to buy luxury sports cars. Mustafa Qadiri, 42, from Irvine, was sentenced to ...

JACKSONVILLE, Fla. — A Jacksonville man has pleaded guilty to wire fraud and engaging in an illegal monetary transaction with COVID-19 relief funds. Kenneth Steven Landers, 57, faces a maximum penalty ...

Add Yahoo as a preferred source to see more of our stories on Google. A Tennessee judge on Monday sentenced a woman to more than six years in federal prison and another three years of supervised ...

As PPP fraud grows and people are facing charges, here's a look into why people may be using the money on luxury cars. During the coronavirus pandemic, many small businesses struggled to stay afloat ...

FORT WAYNE, Ind. (WANE) – A Fort Wayne woman was sentenced Thursday for claiming she was the proprietor of a business that didn’t exist and committing wire fraud, according to a press release from the ...

This week, the U.S. Small Business Association launched a portal designed to speed up loan forgiveness for small business owners who have borrowed $150,000 or less from the Paycheck Protection Program ...

Purchasing power parity (PPP) compares currencies by using a common basket of goods to show differences in cost of living and standards of living across countries.