Trump admin uncovers 'staggering' $8.6 billion in suspected California small business fraud
https://news.yahoo.com/news/articles...122222819.html
Quote:
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The federal Small Business Administration suspended more than 111,000 California borrowers after uncovering $8.6 billion in suspected fraudulent activity linked to the COVID pandemic, SBA Administrator Kelly Loeffler announced Friday.
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GOOD, these fraudsters should be chased down. Interesting the focus on California in Fox's reporting though.
PPP/EIDL fraud is not new...
Maybe FOX...and SBA...will report on efforts in Texas, Georgia, Florida, Illinois...who along with CA are estimated to make up ~68% of PPP/EIDL fraud.
Oh, wait...CA is blue and TX and FL are red...