BRIEFLY: PPP webinar set for Monday (Jan. 11); FinCEN warns on COVID vaccine scams

(Jan. 8, 2021) Small Business Administration (SBA) and Treasury Department officials will provide an overview of the new Paycheck Protection Program (PPP) features associated with the recently passed Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues Act during a webinar Monday (Jan. 11), at 2 p.m. ET.  Registration is now open; see the link below. The presentation — co-sponsored by NCUA and the federal banking agencies — is open to all SBA lenders who participated in the SBA PPP lending program … Credit unions and banks should be alert to COVID-19 vaccine-related scams and cyberattacks, FinCEN said last week. That includes fraud, ransomware attacks, or similar types of criminal activity related to COVID-19 vaccines and their distribution, Treasury’s financial crimes unit said. The agency also provided specific instructions for filing SARs regarding suspected fraud related to COVID-19 vaccines and their distribution.

Registration for SBA/Treasury Jan. 11 (2 p.m. ET) PPP webinar

FinCEN Asks Financial Institutions to Stay Alert to COVID-19 Vaccine-Related Scams and Cyberattacks