Five local IRS workers were among first in nation to face charges related to PPP fraud. Here may be why.
Tina Humes and four other local IRS employees are among the first IRS workers in the nation to face charges related to fraud connected to pandemic relief, lawyers say. (Eric Gay/AP file)
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.
Topics
Tina Humes U.S. District Court Judge Sheryl Lipman IRS Paycheck Protection Program Financial Fraud small business administration Subscriber OnlyThank you for supporting local journalism.
Subscribers to The Daily Memphian help fund our not-for-profit newsroom of nearly 40 local journalists plus more than 20 freelancers, all of whom work around the clock to cover the issues impacting our community. Subscriptions - and donations - also help fund our community access programs which provide free access to K-12 schools, community organizations, and more. Thank you for making our work possible.
Jane Roberts
Longtime journalist Jane Roberts is a Minnesotan by birth and a Memphian by choice. She's lived and reported in the city more than two decades. She covers business news and features for The Daily Memphian.
Public Safety on demand
Sign up to receive Public Safety stories as they’re published.
Enter your e-mail address
Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here.