FTC Actions Against Companies Making Deceptive Pandemic Loan Promises Lead to Record $59 Million in Damages
March 19, 2024
March 19, 2024
WASHINGTON, March 19 -- The Federal Trade Commission issued the following news release on March 18, 2024:
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Cases against Biz2Credit and Womply charge companies with falsely promising fast processing of PPP loan applications
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The Federal Trade Commission is taking action against two companies - Biz2Credit and Womply - that made false promises to small businesses seeking to take part in the Paycheck Protection Program (PPP), delaying a . . .
* * *
Cases against Biz2Credit and Womply charge companies with falsely promising fast processing of PPP loan applications
* * *
The Federal Trade Commission is taking action against two companies - Biz2Credit and Womply - that made false promises to small businesses seeking to take part in the Paycheck Protection Program (PPP), delaying a . . .