The pandemic-era Paycheck Protection Program (PPP) was a bloated, wasteful mess—and now the guy responsible for running it is ...
Stephanie Hockridge-Reis, 41, and Nathan Reis, 45, are alleged to have submitted false and fraudulent applications for Paycheck Protection Program (PPP) loans from the federal government for ...
The couple's company, Blueacorn, helped two lenders make PPP loans nationwide, including more than 3,200 on Long Island that ...
The unsealed indictment alleges the pair submitted false and fraudulent PPP loan applications for themselves, earning thousands of dollars, and facilitated false and fraudulent PPP loan ...
Under the LSPAs, Blueacorn collected and reviewed PPP applications from potential borrowers on behalf of the lenders and worked with the lenders to submit applications to the SBA in exchange for a ...
According to court documents, Stephanie Hockridge, 41, and her husband, Nathan Reis, 45, fabricated records to help ...
A 2022 audit published by the Small Business Administration's inspector general pointed out that the agency, which handled the PPP applications and distributed the cash, did not have "a ...