Community, Lending, Rhode Island and Security

Bad Actors Emerge in PPP Lending – More Expected as Forgiveness Guidance Emerges

Abrigo

MAY 15, 2020

As expected, bad actors are surfacing, and financial crimes divisions of community financial institutions are struggling with the realization that loans rushed through may be fraudulent. In the case of the two men in Rhode Island, there were several red flags pointing to fraud. Lending & Credit Risk. SBA Lending.

Lending

Lending Rhode Island Fraud Los Angeles

121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

NOVEMBER 9, 2017

The startup, which was established in 2008, privately raised $185 million before its $100 million initial public offering was blocked by the Australian Securities Exchange last year. So its secured lender, which [founder Scott] Jones didn’t name, recently emptied ChaCha’s bank accounts. via Business Insider. via SFGate.

Capital

Capital Company San Francisco Operations

Community Banking Brief

Bad Actors Emerge in PPP Lending – More Expected as Forgiveness Guidance Emerges

121 Of The Biggest, Costliest Startup Failures Of All Time

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