The uncensored truth about SBA failures, EIDL disasters, PPP fraud, and government accountability.
Emanuel Tucker, 45, of California, has pleaded guilty for his role in a $15.9 million COVID-19 fraud scheme. Tucker submitted dozens of fraudulent PPP and EIDL loan applications. What did he do with...
The co-founder of Blueacorn, a fintech company that processed PPP loan applications, has been sentenced to 10 years in federal prison and ordered to pay $66 million in restitution. This isn't some...
Federal prosecutors in Georgia just charged another defendant in a sprawling PPP fraud conspiracy. This makes 12 defendants total in a scheme that stole $3.39 million from taxpayers. The ring...
The judge's gavel just came down hard. An Illinois businessman is headed to federal prison for six years after orchestrating what prosecutors called "a massive scheme to fraudulently obtain over $55...
The Department of Justice just wrapped up sentencing in a $20 million COVID-19 relief fraud ring. Six defendants. Millions in fraudulent PPP and EIDL loans. And the classic fraud playbook: luxury...
This one cuts deep. The co-founder of a Paycheck Protection Program lender service provider just got sentenced for orchestrating a $65 million COVID-19 relief fraud scheme. Not a borrower. Not some...
Here's a number that should make every PPP loan recipient sweat: 10 years. That's how long the DOJ now has to investigate and prosecute COVID-relief fraud. Congress quietly extended the statute of...
San Fernando Valley and Glendale just got hit with federal indictments like a ton of bricks. Fourteen defendants arrested for allegedly defrauding taxpayers of more than $25 million in COVID-19...
Here's something they don't tell you when you sign that SBA loan: if you default, the government doesn't need to sue you. They don't need a judge. They don't need your permission. They just take your...
December 2025 brought another round of indictments, and this one's a doozy. Eleven individuals in Florida got hit with federal charges for stealing over $2 million in COVID relief funds through a...
Remember that $200 billion in "potentially fraudulent" COVID loans? The SBA is done playing nice. Days after suspending 7,000 Minnesota borrowers, the agency just signed a contract with Palantir...
This is not a typo. $1.2 TRILLION in federal payouts is now under review for fraud. SBA Administrator Kelly Loeffler dropped this bombshell during an interview on January 7, 2026, and the...