Tag: COVID-19 Funds

4 People Charged in Multimillion-Dollar Fraud Scheme Syphoning Federal COVID-19 Funds

A Paycheck Protection Program (PPP) fraud scheme that involved nearly 100 individuals across the country and had acquired up to $1 million in fraudulent loans has ended in four defendants being charged in the U.S. Department of Justice’s District of South Carolina. In 2020, Congress passed the largest financial support package in U.S. history: the…


Report: Transit Agencies May Turn to Taxpayers for More Money When COVID-19 Funds Dry Up

Transit agencies could turn to taxpayers for more money when federal COVID-19 money runs out. With federal money dwindling, some mass transit agencies are preparing to seek more tax dollars at a time when fewer people are riding, according to a report from a credit rating agency. Some workers never plan to return to the office,…