The management company of the LaFontaine Automotive Group in Metro Detroit has agreed to pay $1.5 million to settle an ...

LaFontaine Automotive Group’s management company will pay $1.5 million to settle allegations it fraudulently obtained a ...

The management company that owns the Michigan-based LaFontaine Automotive Group has agreed to pay $1.5 million to settle allegations that it fraudulently accepted COVID-19 era loans.

Federal prosecutors alleged the company falsely certified eligibility for a $1 million COVID relief loan in 2020 despite franchise status making it ineligible.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The SBA allocated more than $1 ...

The US Small Business Administration says it uncovered ‘at least $1 million’ in additional alleged fraud connected to the ...

A third federal agency in the last 24 hours is taking aim at Minnesota, with SBA head Kelly Loeffler ordering an investigation into fraud in the state.

On Nov. 21, a federal judge sentenced Stephanie Hockridge to a decade in prison and $63 million in restitution for defrauding ...

Two Florida women face prison time for stealing more than $800,000 from pandemic loan program, including a former SBA employee. Getty Images As the coronavirus swept across the country, two South ...

The technology glitches were reminiscent of those that plagued the first phase. The federally backed emergency loan program to help hard-hit small businesses, reopened on Monday and -- once again -- ...