An Owings Mills man will serve time in federal prison for his role in a wire fraud scheme involving fraudulent CARES Act loan applications. U.S. District Judge Richard D. Bennett sentenced David ...

Bankrupt Yellow Corp. has repaid a controversial pandemic-era government loan worth upward of $700 million six months after its Chapter 11 filing. The defunct Overland Park, Kan.-based ...

Leif Gerald Larsen was sentenced Wednesday by Judge Stanley Bastian in the Yakima U.S. Courthouse for wire fraud related to U.S. government loans intended to help small businesses remain afloat during ...

A Baltimore County businessman has been sentenced to one year and one day in federal prison for fraudulently obtaining more than $1.3 million in COVID-19 CARES Act loans. U.S. District Judge Richard ...

FORT WAYNE, Ind. (WANE) The CARES Act took effect in March of 2020 to provide financial assistance for Americans affected by the economic impact of the COVID-19 pandemic. One part of the CARES Act was ...

A federal judge sentenced Edward Sheldon Whitaker to 120 months in prison and, his wife, Schunda Coleman, to 84 months in ...

Yellow Corp., a bankrupt trucking company previously based in Overland Park, repaid a $700 million loan it received from the U.S. Treasury with interest, but the value of nearly 16 million shares ...

CHARLESTON (WCIV) — An expensive Charleston private school is accused of COVID-19 relief fraud in a new federal lawsuit. The suit claims Charleston Day School officials made false and fraudulent ...

The three-plus year forbearance period on federal student loan payments brought on by the CARES Act ― passed by Congress in March 2020 in response to the COVID-19 pandemic ― has come to an end on ...

A business forced to close its doors temporarily due to COVID-19 can get a tax credit equal to 50 percent of wages paid to eligible employees during the quarter the closure happened. Businesses that ...