Abrigo

MAY 15, 2020

Key Takeaways Like other federal relief programs, the PPP has become subject to fraud. The first federal charges of PPP loan fraud have been made – and they're unlikely to be the last. From 9/11 to Hurricane Sandy, and now, during COVID-19, federal relief funds aimed to help people rebuild after a disaster becomes subject to fraud.

Lending 195

Lending Rhode Island Fraud Los Angeles 195

PYMNTS

SEPTEMBER 2, 2019

Mobile sports betting is quickly growing to a point where New Jersey is close to topping Las Vegas as the country’s biggest market, The Wall Street Journal reported Monday (Sept. Legislators in Rhode Island, for example, debated allowing mobile sports betting after extending it to casinos. at more than $40 billion by 2020.

NJ 108

NJ New Jersey Rhode Island Online 108

CB Insights

NOVEMBER 9, 2017

But a few common threads do emerge, such as an inability to generate sustainable revenue, bad product-market fit, losing to competitors, and (of course) simply running out of money. And then there were some uncommon and more dramatic causes of failure, including: Financial fraud. Select VC Investors: Wellington Management, Otto Group.

Capital 78

Capital Company San Francisco Operations 78