A Shelby Township man will spend time in a federal prison for his role in a multimillion-dollar Paycheck Protection Program fraud scheme.

Federal prosecutors claim that Carl Delano Torjagbo siphoned millions in Paycheck Protection Program (PPP) funds and filed fraudulent tax returns to generate tax refunds.

Aaron B. Collins is accused of committing bank fraud, money laundering by using COVID-19 business relief funds on personal expenses like cars, crypto.

CHICAGO (WLS) -- New guidance from the federal government on Payroll Protection Program loans is leaving some small business owners with even more questions. PPP loans can be forgiven if all the rules ...

He was previously sentenced to a three-year federal prison sentence for dealing drugs out of his parents’ liquor store.

CHICAGO (WLS) -- In Illinois, nearly 70,000 small business owners got loans from the federal government before Payroll Protection Program funds were exhausted, and some are now wondering how those ...

KANSAS CITY, Mo. — A Kansas City-area woman pleaded guilty to charges connected to loan fraud with the federal Payroll Protection Program intended to help small businesses during the COVID-19 pandemic ...