(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 ...

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 ...

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 ...

LAS VEGAS (KTNV) — A 49-year-old man from Henderson has been arrested for using money he obtained through the Paycheck Protection Program to buy a house. 13 Action News received the following press ...

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, ...

Indiana banks are earning modest fees of up to 5% for the $4 billion in Paycheck Protection Program loans they’ve processed over the past year. But the coronavirus relief program has also given these ...

This Oct. 1, 2020 photo shows a sale sign is posted outside a store in Nashville, Tenn. There are now multiple layers of tax benefits for small business owners who took advantage of the Paycheck ...

The SBA has finally issued a formal updated Q&A regarding gross income for sole proprietors and partnerships. In a March 12, 2021 release, they specify that only Schedule F’s filed on Form 1040 will ...

A former Pizzeria owner was arrested on Tuesday for committing fraud after misappropriating $660,000 worth of Paycheck Protection Program (PPP) loan funds —a federal program established last year to ...

The U.S. Small Business Administration (SBA) issued new Paycheck Protection Program (PPP) rules that allow self-employed individuals who file Form 1040, Schedule C, Profit or Loss From Business, to ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (KTLA) — A California man was sentenced to ...