this post was submitted on 27 Jun 2023
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NPR: Over $200 billion in pandemic business loans appear to be fraudulent, a watchdog says (www.npr.org)
submitted 1 year 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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[–] czech@faux.moe 2 points 1 year ago

Yea- this was by design:

https://www.usatoday.com/story/news/politics/2020/03/27/coronavirus-trump-objects-oversight-provisions-stimulus-law/2931740001/,

https://web.archive.org/web/20230207030551/https://www.washingtonpost.com/business/2020/06/11/trump-administration-wont-say-who-got-511-billion-taxpayer-backed-coronavirus-loans/