Press Releases

Bank CEO Sentenced To 14 Months In Prison For Taking Bribes In Connection With Loans Guaranteed By The Small Business Administration
Detroit OIG Debars BBEK Environmental, HC Consultants, and Green Way Environmental Contractors
Columbus Residents Indicted For Cares Act Fraud
Bank CEO Convicted For Taking Bribes In Connection With Loans Guaranteed By The Small Business Administration
Former CEO of Shreveport Federal Credit Union Sentenced on Federal Charges
Vallejo Woman Agrees to Resolve False Claims Act Allegations Involving Food Stamp and Unemployment Mortgage Assistance Programs
CEO of Shreveport Federal Credit Union Pleads Guilty to Charges in Federal Court
D.C. Woman Indicted for Scheme to Steal Government Benefit Funds
California Man Sentenced to More than 4 Years in Prison in Nationwide $2.3 Million Fraud Scheme Under the Names Hope Services and HAMP Services That Victimized More Than 400 Homeowners Related to HAMP Program
Illinois Man Ordered to Pay Over $82,000 In Restitution For Defrauding the U.S Treasury Department’s Mortgage Assistance Program in Indiana
Three Sentenced in Bank Fraud of Government Housing Assistance Program in South Carolina
California Man Pleads Guilty to Theft Charge in Hardest Hit Fund Unemployment Mortgage Assistance Program
Treasury Has Been Effective at Shifting the Hardest Hit Fund to Assist Homeowners Suffering Pandemic-Related Hardships with State Agencies Ramping Up Efforts to Assist an Additional 12,000 Homeowners
Indiana Demolition Company Owner Sentenced to 2 years’ Probation and pay $108,700 in Restitution for Fraud Related to Illegal Dumping Hardest Hit Fund Blight Demolition Program
New Jersey man sentenced to more than 5 years in federal prison for $3.5 million bank fraud scheme
Former Cuyahoga County Land Bank Employee Convicted and Sentenced for Lying to Federal Agents Including SIGTARP Agent
Detroit OIG Report on Demolition Backfill Issues
Warren Asbestos Abatement Company Owner Facing Felony Charges
RCB Former Bank Loan Officer and Land Developer Indicted
Mexican National Sentenced to over 7 years for Scheming to Launder Money for Drug Trafficking Organizations
Former Nomura RMBS Trader Who Defrauded Customers is Sentenced
Settlement with NationStar Mortgage, LLC for Unlawful Servicing Practices
Indiana Couple Charged with Defrauding Hardest Hit Fund
Former Cecil Bank President Sentenced To Two Years In Federal Prison For Bank Fraud
SIGTARP Issues Semi-Annual Report
Man Charged with Defrauding Mortgage Assistance Program
SIGTARP Receives Award for Excellence
Four Charged with Stealing from Housing Assistance Program
Two Hardest Hit Fund Recipients Charged with Stealing Troubled Asset Relief Program Housing Assistance
Former Ohio Couple Plead Guilty to Defrauding Mortgage Assistance Program
Two California Men Sentenced for Roles in Loan Modification Scam that Caused $3.5 Million in Losses to Distressed Homeowners
Former President and CEO of Cecil Bank Pleads Guilty to Federal Charges in Maryland of Bank Fraud Conspiracy, Receiving a Bribe, and Making False Statements in Bank Records
Letter from the Special Inspector General
California Man Sentenced for Embezzling Housing Assistance Program Funds
City of Detroit Office of Inspector General Debars Former City Contractor Environmental Specialty Services Inc. and Richard Berg for Bribery Including in Connection with TARP's Hardest Hit Fund
Demolition-Related Risks in TARP-Funded Blight Program Mitigated Through Michigan State Agency’s Implementation of SIGTARP Recommendations
Former TARP Banker Sentenced to Five Years in Prison and Ordered to Pay $23.5 Million in Restitution
Former President of Cecil Bank Facing Federal Indictment for a Bank Fraud Conspiracy, Receiving a Bribe, and Making False Statements in Bank Records and to Bank Examiners
Two Blight Elimination Program Indictments Unsealed
SIGTARP Launches Financial Institution Crimes & Fines Database
Hardest Hit Fund Recipient Pleads Guilty to Embezzling Housing Assistance
SIGTARP Receives Award of Excellence for Investigation of $300 Million TARP Recipient Wilmington Trust
Former Bank Executive Pleads Guilty to Fraud Related to Failed Country Bank
Former City of Detroit Building Authority Official Sentenced for Bribery Conspiracy in Connection with the Hardest Hit Fund's Detroit Demolition Program
Former Executive at Adamo Group Sentenced for Conspiracy to Commit Honest Services Fraud in Connection With the Detroit Demolition Program
Former Physician Sentenced to Two and a Half Years in Prison for Making a False Statement to a Financial Institution
Bank CEO Arrested for Taking Bribes in Connection With Loans Guaranteed by the Small Business Administration
Ex-Mirae Bank Executive Sentence to More Than Five Years in Prison for Loan Fraud That Caused Large Losses to Bank
Victims and Taxpayers Have Recovered More Than $1 Billion in the Last Year and a Half as a Result of SIGTARP Investigations
Man Pleads Guilty To TARP Homeowner Relief Fraud
Man Pleads Guilty to Federal Charges for $3.5 Million Bank Fraud Scheme
Former City of Detroit Building Authority Official and Former Executive at Adamo Group Plead Guilty to Bribery Conspiracy in Connection With the Detroit Demolition Program
Violating Federal Cost Regulations, State Housing Agencies Charged More Than $400,000 in Prohibited Travel and Conference Costs to the Hardest Hit Fund
Bank Officer Sentenced to Two Years in Prison for Fraud
Branch Manager for East West Bank Sentenced to Two Years in Federal Prison for Money Laundering Scheme
Court Sentences Former Wilmington Trust Chief Credit Officer and Controller to Prison
Man Sentenced to Prison for Multimillion Dollar Life Insurance Scheme
Land Bank Employee Indicted for Soliciting and Accepting Improvements to His Property in Return for Assisting a Demolition Company Get Contracts
Banker Sentenced, Banned from Banking
Former Bank CEO, Financier and Business Owner Indicted for Regulatory and Bank Fraud
SIGTARP Recognized for Excellence in Investigations and Audit
Conman Sentenced to 10 Years in Federal Prison in Fraud Scheme that Cost Victims Nearly Two Million
Settlement with Martin Enterprises, Inc. and its Surety for Submitting False Claims
Bank Branch Manager and Bank Customer Convicted of Conspiracy to Commit Money Laundering at East West Bank
Two Sentenced in Bank Fraud Scheme
Former CEO And Chief Loan Officer Of Failed Sonoma Valley Bank, And Borrower's California Attorney, Sentenced To Multi-Year Prison Terms For Bank Fraud And Other Crimes
Banker Shaun Hayes Sentenced to 68 Months in Prison
Defendant in Excel Bank Case Sentenced to Three Years in Prison
Former Credit Union CEO & President Charged with Embezzlement
Most of the $9.6 Billion Hardest Hit Fund Has No Federal Competition Requirements for Contract Awards
Third Defendant in Excel Bank Case Convicted
Banker Shaun Hayes Pleads Guilty