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Five local IRS workers were among first in nation to face charges related to PPP fraud. Here may be why.

By , Daily Memphian Updated: October 31, 2022 6:30 AM CT | Published: October 31, 2022 4:00 AM CT

The U.S. government issued $800 billion in PPP loans, but studies show that up to 15% — or $76 billion — in loans may have been awarded improperly, making it likely one of the widest abused federal programs in the modern era. 

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Tina Humes U.S. District Court Judge Sheryl Lipman IRS Paycheck Protection Program Financial Fraud small business administration Subscriber Only

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Jane Roberts

Jane Roberts

Jane Roberts has reported in Memphis for more than 20 years. As a senior member of The Daily Memphian staff, she was assigned to the medical beat during the COVID-19 pandemic. She also has done in-depth work on other medical issues facing our community, including shortages of specialists in local hospitals. She covered K-12 education here for years and later the region’s transportation sector, including Memphis International Airport and FedEx Corp.

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