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. 


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

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.

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