FTC Actions Against Companies Making Deceptive Pandemic Loan Promises Lead to Record $59 Million in Damages

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 and sometimes preventing them from obtaining funds they needed to keep their businesses afloat during the COVID-19 pandemic

See the full post at FTC.gov