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Although the $900 billion COVID-19 relief package passed by the White House this we stanley uk ek includes $284 billion for small and mid-size businesses SMBs , there are signs that kubki stanley the Paycheck Protection Program PPP still has vulnerabilities that previously led to fraud, The Wall Street Journal reported on Wednesday Dec. 30 .The Coronavirus Aid, Relief, and Economic Sec stanley polska urity CARES Act set aside over $600 billion for SMBs via two rounds of forgivable PPP loans. Overall, about 5.2 million SMBs borrowed $525 billion in forgivable PPP loans. However, some $2 billion went to almost 1,500 companies that were accused of committing crimes or sidestepping regulations, according to a WSJ analysis.聽Further, 432 companies that received almost $1 billion in loans ended up laying off employees, anyway, according to an analysis by the nonprofit Good Jobs First, per the WSJ. The loans were intended to keep workers employed while relieving owners of making payroll.The new package gives SMBs the power to use the money specifically to stay in business, not necessarily to preserve jobs. The government has charged dozens of people in at least 36 complaints related to fraudulently obtaining coronavirus relief funds, many for allegedly falsifying PPP loan applications and misappropriating the funds, a WSJ review of Justice Department data indicated.Because of the economic urgency brought on by the pandemic, PPP lenders bypassed some of the usual background checks and verifications, which likely allowe Zzyo UK Tries Another Late Payments Tactic With Stoplight System

While China has long been suspected of launching the massive cyberattacks against the U.S. Office of Personnel Management OPM earlier this year, a new probe into the breaches shows the culprits may not be affiliated with the countrys government after all.Chinas official news agency, Xinhua, confirmed Dec. 1 that an investigation into the OPM attacks found the hacking was actually deployed by criminals.While it remains unclear who conducted the investigation or if the Chinese and聽U.S. governments have agreed upon its r stanley cup e stanley usa sults, Xinhua said that the OPM breach was discussed during a meeting this week on cybersecurity which was attended by each governments officials in Washington, D.C.The talks, scheduled to take place on Tuesday and Wednesday of this week, are the first since the U.S. and China signed a Memorandum of Understanding in September to establish an agreement on trade and information security.The OPM has remained under intense scrutiny from lawmakers in the wake of the hacks, which compromised nearly 22 million digital records of both former and current federal employees and contractors, as well as 19.7 million forms with data and more than 5 million fingerprints.The scope of data pilfered runs the gamut from every persons Social Security number, military records, veterans status information, address, birth date, job and pay history, health insurance, life insurance and pension information, J. David Cox, president of the American Federation o stanley kubek f Federal Employees, whi