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Oversight group says SBA misled public on disaster loan fraud

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A government watchdog group says the Small Business Administration misled the public about its ability to prevent fraud in a disaster business loan program

more than $188 billion through 3.5 million loans, plus $20 billion in grants to help businesses survive the pandemic shutdowns.

Nick Schwellenbach, a senior investigator with POGO, said the group was approached by an SBA insider, who it declined to identify. Schwellenbach said POGO independently verified that the person works with the agency. POGO pointed to dates on several of the emails time-stamped after Carranza’s July 23 letter. The group also said the emails provided evidence of managers directing employees to change application processes in response to concerns of fraudulent activity.

 

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When has the government ever prevented fraud to any meaningful level? 8.5 million people are on SSDI

Duh...they’re told what to do by Trump.

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