“Every dollar that goes out to a fraudulent application is a dollar that’s not going out to a business that really needs these resources.”
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The Emergency Injury Disaster Loan Program has seen nearly $80 billion of fraud since the start of the pandemic. When Congress approved the EIDL and PPP programs, fraudsters got to work stealing from the government.
The director of a Houston funeral home tried to embezzle millions of dollars from loans designed to help small businesses during the pandemic
Last Thursday, the Government Accountability Office (GAO) released a report saying that the Paycheck Protection Program (PPP)...