News & Analysis as of August 8, 2025

Fraud

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The Small Business Administration is a United States federal agency established in 1953 by the Small Business Act. The SBA is dedicated to assisting and supporting small business and entreprenuers. The SBA carries out its mission through a variety of programs including providing financial and federal contract procurement assistance, management assistance, and specialized outreach to women, minorities and armed forces veterans. less -

What the SBA’s 8(a) program audit means for small businesses

Clark Hill PLC on 7/18/2025

SBA Administrator Kelly Loeffler recently announced a comprehensive audit of the 8(a) Business Development (BD) program. While the full scope and implications are still unfolding, it’s crucial for participants, applicants,...more

SBA Orders Full-Scale Audit of 8(a) Program: What You Should Do to Prepare

PilieroMazza PLLC on 7/10/2025

The U.S. Small Business Administration (SBA) recently announced an “immediate and full-scale audit” of its 8(a) business development program. The announcement stems from a “years-long fraud and bribery scheme involving a...more

SBA Announces Full-Scale Audit of 8(a) Program

Wiley Rein LLP on 7/9/2025

WHAT: The U.S. Small Business Administration (SBA) announced a “full-scale” audit of the 8(a) program after a former United States Agency for International Development (USAID) contracting officer and three 8(a) business...more

Bank Fraud Involving PPP Loans Could Lead to Prison Time, Even for Relatively Small Advances

Fox Rothschild LLP on 1/13/2022

The U.S. Department of Justice has recently begun charging defendants with bank fraud in relation to Paycheck Protection Program loans as part of its continuing efforts to investigate and prosecute individuals for crimes...more

DOJ’s First False Claims Act Settlement Against PPP Borrower Signals Robust Fraud Enforcement Ahead

Perkins Coie on 2/8/2021

As the government revives its Paycheck Protection Program (PPP) with hundreds of billions of dollars in additional loans available to small businesses, there are fresh signs that government fraud investigations and...more

Investigations Newsletter: Contractors to Pay Over $2.8 Million to Settle Small Business Contract Fraud Allegations

ArentFox Schiff on 6/5/2020

Contractors to Pay Over $2.8 Million to Settle Small Business Contract Fraud Allegations - On June 2, 2020, the Department of Justice announced that Ross Group Construction Corporation and its affiliates agreed to pay...more

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