Politics Hawaii businessman charged with defrauding $12.8M in Paycheck Protection Program funds
Notre Dame’s game against Wake Forest postponed due to seven positive COVID-19 tests
The question now becomes whether further outbreaks of the COVID-19 virus will prevent the 2020 college football season from being completed. It’s been a pretty big backstory through the first three weeks of the campaign with this being the headliner.Subscribe to Yardbarker's Morning Bark, the most comprehensive newsletter in sports. Customize your email to get the latest news on your favorite sports, teams and schools. Emailed daily.
Prosecutors charged a Hawaii defense contractor with attempting to defraud.
Martin Defence Group CEO Martin Kao, 47, was arrested Wednesday and charged with bank fraud and money laundering in connection with the alleged scheme.
According to U.S. Attorney for the District of Hawaii Kenji Price, Kao misrepresented facts about his company when applying for the loan. In one instance, Kao claimed that "Navatek had 490 employees was false" because, in reality, the company "only had 140 employees combined," Price said during a press conference.
Northwestern OT Rashawn Slater opts out of CFB season to prepare for draft
One of the top tackle prospects set to be eligible for the 2021 draft will begin his predraft training early. Northwestern tackle Rashawn Slater is opting out of the 2020 season.Slater’s decision comes when a few notable Big Ten names — from Purdue wideout Rondale Moore to Ohio State cornerback Shaun Wade to fellow tackle prospect Jalen Mayfield (Michigan) — reversed course on their opt-outs after the Big Ten’s call to begin its season in October. But Slater has played 38 college games and might not have too much to gain from a strong senior season amid uncertain circumstances brought about by the COVID-19 pandemic.
The case files said Kao successfully received a $10 million loan through the program. "After committing the fraud," the report said, "KAO transferred approximately $2 million to himself."
The Paycheck Protection Program was created in March as part of the CARES Act, the massive $2.2 trillion coronavirus relief package. The program was designed to providethat were shuttered during the coronavirus lockdowns to help keep employees on the payroll.
The program got off to a shaky start andless than a month after the relief package was signed into law. Another round of relief was passed that , but there was controversy as reports began to surface that large companies such as Ruth's Chris Steak House and the received millions of dollars through the program. In September, the Justice Department announced involving the Paycheck Protection Program.
CFB world reacts to Kansas State’s upset over No. 3 Oklahoma Sooners
Nearly a year after the Wildcats pulled off one of the biggest stunners of the 2019 season, they did It again in Week 4 with a finish that no one saw coming. Nearly a year after the Wildcats pulled off one of the biggest stunners of the 2019 season, they did It again in Week 4 with a Coming into Week 4, the college football world was buzzing over Oklahoma’s freshman quarterback Spencer Rattler. The hype seemed warranted early with the Sooners leading 35-14 late in the third quarter, but the wheels came off for this team the rest of the way.
The program, and while Congress of coronavirus relief funding before the election, small business owners, particularly those in the hospitality industry, say another round of loans is .
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Watch: Baylor’s Trestan Ebner burns Kansas with 100-yard kickoff return for TD .
The lowly Kansas Jayhawks had no answers for the Baylor Bears throughout Saturday night’s Big 12 game in Waco. That’s not necessarily a surprise given that head coach Les Miles and Co. found themselves as 16.5-point underdogs and were blown out by the Bears, 61-6, last season. © Jerome Miron-USA TODAY Sports With his team up 17-7 starting the third quarter, Baylor's Trestan Ebner took the opening kickoff and returned it 100 yards for a touchdown. Stud running back Trestan Ebner made sure that Kansas had no hopes of a second-half comeback.