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House panel: Arizona company Blueacorn PPP facilitated massive fraud

A congressional panel is recommending companies be investigated for fraud for the way they processed billions of dollars in PPP loans. ....

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CPLC's Prestamos faces COVID-19 PPP loan fraud investigation from SBA

The U.S. Small Business Administration said it s investigating the Prestamos financial division of Phoenix-based Chicanos Por La Causa and others. ....

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Scottsdale-based company Blueacorn accused of Paycheck Protection Program fraud

On Thursday, a congressional report accused Scottsdale-based company Blueacorn of facilitating fraudulent and ineligible Paycheck Protection Program loans. The small business loans were administered by the U.S. Small Business Administration as part of the federal coronavirus rescueThe findings come after an investigation was launched last year.Former Phoenix news anchor ....

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Report: Scottsdale company abused billions in federal PPP loans

Federal officials say Blueacorn gave out Paycheck Protection Program loans recklessly; approving potentially fraudulent applications and taking hundreds of millions. ....

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Scottsdale-based Blueacorn PPP facilitated fraud, per congressional report

A Scottdale-based company that filed Paycheck Protection Program applications failed to screen out those with signs of fraud while abusing the program, according to a new congressional subcommittee. ....

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