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More than $200 billion may have been stolen from two large COVID-19 relief initiatives. That's according to new estimates from a federal watchdog investigating federally funded programs designed to help
The United States Small Business Administration (SBA) has released new data showing that both the Paycheck Protection Program (PPP) and the COVID-19 Economic Injury Disaster Loan program were heavily abused by fraudsters, particularly at the start of the Wuhan coronavirus (Covid-19) “pandemic.” The SBA inspector general released a report revealing that “at least 17 percent […]
Fraud in pandemic unemployment assistance programs stands at $76 billion, according to congressional testimony from Labor Department Inspector General Larry...
The numbers issued Tuesday by the U.S. Small Business Administration inspector general are much greater than previous projections issued by the office.
The numbers issued Tuesday by the U.S. Small Business Administration inspector general are much greater than the office's previous projections.