cares act

Two Indian-origin men in U.S. guilty of fraud in multi-million dollar COVID fund

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Two Indian-origin men in U.S. guilty of fraud in multi-million dollar COVID fund

The crest of the United States Department of Justice is seen at their headquarters in Washington, D.C., U.S. | Photo Credit: Reuters “Two men of Indian origin in the U.S. have pleaded guilty to their participation in a multi-million dollar fraud scheme by obtaining loans under an economic assistance plan following the COVID-19 pandemic in … Read more

White House proposes new $916 bn stimulus plan to break deadlock

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White House proposes new 6 bn stimulus plan to break deadlock

The White House unveiled a $916 billion stimulus proposal on Tuesday in a final dash to break a months-long logjam over new aid for the coronavirus-stricken US economy before President Donald Trump leaves office in January. Treasury Secretary Steven Mnuchin announced the plan, which he said includes “money for state and local governments and robust … Read more