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Home » Founder of lender service provider convicted for role in multimillion-dollar PPP fraud scheme

Founder of lender service provider convicted for role in multimillion-dollar PPP fraud scheme

June 23, 2025 — A federal jury convicted Stephanie Hockridge, a founder of the lender service provider Blueacorn, on Friday in connection with a scheme to fraudulently obtain tens of millions of dollars in COVID-19 relief money guaranteed by the U. S. Small Business Administration (SBA) through the Paycheck Protection Program (PPP).  Read More