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

Abrigo

The Department of Justice (DOJ) recently charged two businessmen in Rhode Island with fraudulently seeking PPP loans, the first in the country linked to the loan program. In the case of the two men in Rhode Island, there were several red flags pointing to fraud. Industry officials warn it won’t be the last.

Lending 195
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How Big Tech Is Finally Tackling Cybersecurity

CB Insights

into cybersecurity startups globally — especially as tech companies have been largely at the center of privacy regulation issues. is a Boston-based startup that verifies government-issued IDs for third-party businesses. Homomorphic encryption is a scheme where operations can be performed on data without it being decrypted first.

Google 76
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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

Australian music streaming company Guvera has reportedly stopped operating, with its co-founder and biggest financial backer walking away from the project. The company also found itself confronted by conflicting energy program mandates and regulations. via Beta Boston. via Light Reading. Company: Guvera. via GreenTech Media.

Capital 78