More than $200 billion in pandemic relief potentially squandered, says report
The government squandered more than $200 billion in potential fraud its rush to prop up small businesses during the COVID-19 pandemic, says a gover...
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The government squandered more than $200 billion in potential fraud its rush to prop up small businesses during the COVID-19 pandemic, says a gover...
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The numbers issued Tuesday by the U.S. Small Business Administration inspector general are much greater than the office's previous projections and underscore how vulnerable the Paycheck Protection and COVID-19 Economic Injury Disaster Loan programs were to fraudsters
The fraud estimate for the Covid-19 Economic Injury Disaster Loan program is more than $136 billion, which represents 33 percent of the total money spent
More than $200 billion in Covid aid disbursed by the Small Business Administration may have been stolen, a federal watchdog said.