Board Activity

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• News Release: November 14, 2022

  Riverside County Man Sentenced to 8½ Years in Prison for Stealing Over $6.6 Million in COVID-19 Loans Intended for Small Businesses

• News Release: November 10, 2022

  Grand Jury Charges a Dozen New Bank Fraud Counts Against Former St. Bernard Parish Assistant District Attorney and Two Associates

• Report: November 9, 2022

  Observations on Cybersecurity Risk Management Processes for Vendors Supporting the Main Street Lending Program and the Secondary Market Corporate Credit Facility

• News Release: October 18, 2022

  Justice Department Announces New Charges, Convictions, and Sentencings in Ongoing Initiative Targeting Pandemic Relief Fraud

• Report: September 30, 2022

  2022 Audit of the Board's Information Security Program

• News Release: September 26, 2022

  Somerset County Woman Admits $1 Million Paycheck Protection Program and Economic Injury Disaster Loan Fraud Scheme

• News Release: September 15, 2022

  Jefferson City Man Indicted in $27.1 Million Bank Fraud Scheme

• News Release: September 15, 2022

  South Florida U.S. Attorney's Office to Lead COVID-19 Fraud Strike Force Team Against Pandemic Relief Fraud

• News Release: September 13, 2022

  Chief Credit Officer Admits to Conspiracy to Defraud First NBC Bank

• Report: September 7, 2022

  The Board Implemented Safety Measures in a Manner Consistent With Its Return-to-Office Plan

• News Release: August 29, 2022

  Naples Felon Pleads Guilty to $2.6 Million COVID-Relief Fraud Scheme

• News Release: August 23, 2022

  Florida Man to Plead Guilty to $2.5 Million COVID-Relief Fraud

• News Release: August 19, 2022

  North Las Vegas Felon Pleads Guilty to Unlawful Possession of Ammunition and COVID-19 Relief Fraud Scheme

• News Release: August 18, 2022

  Rocklin Business Owner Sentenced to 10 Years in Prison for Embezzling from His Employer and, While Awaiting Sentencing, Defrauding Banks

• News Release: August 4, 2022

  Las Vegas Felon Sentenced to Prison for Unlawful Possession of a Stolen Firearm and COVID-Relief Fraud

• News Release: August 2, 2022

  Bank Executive Vice President Admits to Conspiracy to Defraud First NBC Bank

• News Release: August 2, 2022

  Riverside County Man Pleads Guilty to Federal Criminal Charges for Fraudulently Obtaining $6.6 Million in COVID-Relief Business Loans

• News Release: July 25, 2022

  Brockton Man Charged With Fraudulently Obtaining Over $1.5 Million in COVID-Relief Funds

• News Release: July 25, 2022

  CEO of Titanium Blockchain Pleads Guilty in $21 Million Cryptocurrency Fraud Scheme

• News Release: July 22, 2022

  Florida Man Charged With $1.6 Million CARES Act Loan Fraud Scheme

• News Release: July 15, 2022

  Coweta Man Who Fraudulently Obtained Almost $200,000 in Loans From the Small Business Administration Pleads Guilty

• News Release: July 11, 2022

  OIG Closing of 22-0028-I Board Trading Activity

• News Release: July 7, 2022

  Woodford County Man Sentenced to 42 Months for Fraudulently Obtaining COVID Relief Loans

• News Release: June 30, 2022

  Justice Department Announces Enforcement Action Charging Six Individuals With Cryptocurrency Fraud Offenses in Cases Involving Over $100 Million in Intended Losses

• News Release: June 28, 2022

  Former Warren County Businessman Admits Fraudulently Obtaining $1.8 Million in COVID-19 Loans Meant for Small Businesses

• News Release: June 17, 2022

  Couple Who Fraudulently Obtained Almost $743,000 in Paycheck Protection Program Loan Scheme Pleads Guilty in Federal Court

• News Release: June 17, 2022

  Owner of Tech Services Company Sentenced to More Than Three Years in Prison for $13 Million COVID-Relief Fraud Scheme

• Report: June 15, 2022

  Security Control Review of the Board's Secure Document System

• Report: June 15, 2022

  Testing Results for the Board's Software and License Asset Management Processes

• News Release: June 9, 2022

  Woman Sentenced for Leading a Paycheck Protection Program Loan Scheme

• News Release: June 8, 2022

  Las Vegas Man Sentenced to Prison for Committing COVID Relief Fraud While on Pretrial Release

• News Release: June 8, 2022

  Florida Man Arrested for $2.5 Million COVID-Relief Fraud

• News Release: June 7, 2022

  New York and Florida Resident Sentenced to 51 Months in Prison for $6.8 Million Paycheck Protection Program Fraud Scheme

• News Release: May 26, 2022

  California Couple Charged With Defrauding Paycheck Protection Program

• News Release: May 23, 2022

  Owasso Man Sentenced to 4 Years in Prison for Applying for Paycheck Protection Program Loans Under False Pretenses

• News Release: May 17, 2022

  Pennsylvania Man Charged With $1.7 Million Paycheck Protection Program Loan Fraud Scheme

• News Release: May 12, 2022

  Rocklin Business Owner Pleads Guilty to Defrauding Banks While Awaiting Sentencing on Other Fraud and Money Laundering Charges

• News Release: May 9, 2022

  Orange County Man Sentenced to 2 1/2 Years in Federal Prison for Fraudulently Obtaining $1.5 Million in COVID-Relief Loans

• News Release: April 22, 2022

  Naples Felon Indicted for COVID Relief Fraud

• Report: March 23, 2022

  The Board Can Strengthen Inventory and Cybersecurity Life Cycle Processes for Cloud Systems

• News Release: March 10, 2022

  Las Vegas Man Pleads Guilty to Committing COVID Relief Fraud While on Pretrial Release

• Report: March 3, 2022

  Board of Governors of the Federal Reserve System Financial Statements as of and for the Years Ended December 31, 2021 and 2020, and Independent Auditors' Reports

• News Release: March 1, 2022

  CEO of Payment Protection Program Lender MBE Capital Arrested in Connection With Fraudulent Loan and Lender Applications

• Report: February 28, 2022

  The Board Has Effective Processes to Collect, Aggregate, Validate, and Report CARES Act Lending Program Data

• News Release: February 25, 2022

  Winchester Man Convicted of COVID-Relief Fraud

• Report: February 24, 2022

  Federal Financial Institutions Examination Council Financial Statements as of and for the Years Ended December 31, 2021 and 2020, and Independent Auditors' Reports

• Report: February 2, 2022

  The Board's Contract Modification Process Related to Renovation Projects Is Generally Effective

• News Release: January 31, 2022

  Somerset County Woman Charged With $1 Million Paycheck Protection Program and Economic Injury Disaster Loan Fraud Scheme

• Report: January 31, 2022

  The Board Can Enhance Its Personnel Security Program

• News Release: January 27, 2022

  Somerset County Man Charged With $860,000 Paycheck Protection Program and Economic Injury Disaster Loan Fraud Scheme

• News Release: January 20, 2022

  Edmond Woman Pleads Guilty to Cares Act Main Street Lending Program Fraud

• News Release: January 12, 2022

  Two Loan Brokers and One Bank Loan Officer Charged in Bank Fraud Scheme

• News Release: December 16, 2021

  Three Middlesex County Individuals Charged With $2.1 Million in Paycheck Protection Program Fraud and Economic Injury Disaster Loan Fraud Schemes

• News Release: December 16, 2021

  Woodford County Man Pleads Guilty to Wire Fraud in Connection With Fraudulently Obtained COVID Relief Loans

• News Release: December 13, 2021

  Grand Jury Charges Former St. Bernard Parish Assistant District Attorney and Two Associates With Bank Fraud and Money Laundering Offenses

• News Release: December 8, 2021

  Three Coconspirators in a Paycheck Protection Program Loan Scheme Plead Guilty

• News Release: November 19, 2021

  Owasso Man Convicted for Applying for Paycheck Protection Program Loans Under False Pretenses

• News Release: November 18, 2021

  Four Executives Plead Guilty to Fraud Scheme That Caused Over $4.5 Million in Losses to the Small Business Administration