CARES act

Secret Service Names Special Agent to Go After $100B Pilfered by Pandemic Fraudsters
Secret Service Names Special Agent to Go After $100B Pilfered by Pandemic Fraudsters
December 22, 2021  |  Security & Fraud

Close to $100 billion was pilfered from pandemic relief funds, and the U.S. Secret Service has assigned Assistant Special Agent in Charge (ASAIC) Roy Dotson...

READ MORE >
Telemedicine For Rural And Elderly Patients Gets Bipartisan Backing In Congress
Telemedicine For Rural And Elderly Patients Gets Bipartisan Backing In Congress
June 17, 2021  |  Healthcare

Millions of Americans stayed connected with their doctors through telemedicine for the first time during the COVID-19 pandemic. Still, those without convenient access to care,...

READ MORE >
Texas Man Charged In $5 Million PPP Loan Fraud Case
Texas Man Charged In $5 Million PPP Loan Fraud Case
January 19, 2021  |  Security & Fraud

A Texas resident, 32-year-old Samuel Yates, was charged with allegedly trying to file fraudulent bank applications for over $5 million in loans related to COVID-19...

READ MORE >
Feds Charge Texas Man With CARES Act Fraud
Feds Charge Texas Man With CARES Act Fraud
October 09, 2020  |  Security & Fraud

Federal prosecutors on Thursday (Oct. 8) charged a Dallas-area man with allegedly playing a role in a scheme that sought to fraudulently obtain $24.8 million...

READ MORE >
US Spent $250B On Weekly Jobless Aid
US Spent $250B On Weekly Jobless Aid
August 10, 2020  |  Economy

The extra unemployment aid, totaling $600 a week for everyone who successfully filed for benefits, cost the federal government a total of $250 billion, The...

READ MORE >
GOP, Democrats Far Apart On New Stimulus Package
GOP, Democrats Far Apart On New Stimulus Package
August 03, 2020  |  Economy

With the House and Senate far apart on what the next stimulus package will look like, the White House is considering options if a deal...

READ MORE >
Consumers Use Stimulus Money To Pay Down Credit Card Debt
Consumers Use Stimulus Money To Pay Down Credit Card Debt
August 02, 2020  |  Debt

With one in five workers collecting jobless benefits thanks to the pandemic, banks braced for increased credit card debt and delinquencies as families struggled to...

READ MORE >
US Lawmakers Aim To Fix PPP Loophole That Could Cost SMBs Billions
US Lawmakers Aim To Fix PPP Loophole That Could Cost SMBs Billions
July 29, 2020  |  Loans

Lawmakers want to fix a mix-up in the economic relief CARES Act laws from March that could cost small businesses $120 billion in taxes, The...

READ MORE >
How Prepaid Debit Cards Can Offer Fast, Secure Aid To Vulnerable Families
How Prepaid Debit Cards Can Offer Fast, Secure Aid To Vulnerable Families
July 29, 2020  |  Next-Gen Debit

Emergency aid won’t ease Americans’ financial woes if the most vulnerable can’t easily access it. In this month’s Next-Gen Debit Tracker, Rose Jones, director of...

READ MORE >