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NPR: Over $200 billion in pandemic business loans appear to be fraudulent, a watchdog says (www.npr.org)
submitted 2 years ago by sendingmath@kbin.social to c/news@kbin.social
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The Office of Inspector General of the Small Business Administration has released a "landscape of fraud" report highlighting why 17% of PPP and other loans appear bogus.

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[-] Zorque@kbin.social 7 points 2 years ago

There was plenty to stop it, namely huge corporations swooping in to grab them before smaller companies even had the chance.

this post was submitted on 27 Jun 2023
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