NPR: Over $200 billion in pandemic business loans appear to be fraudulent, a watchdog says

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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AttackBunny 33 points 3 years ago

All while actual, legitimate small businesses were often told the funds were already gone, during the first round of PPP, before the applications were even live.

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108 16 points 3 years ago

Good thing all the multi millionaires got money for their businesses.

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AttackBunny 2 points 3 years ago

totally! won't we all think about the millionaires. ffs

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popcornheadlines 1 point 3 years ago

What would the Los Angeles Lakers (and organizations like them) survived?? /s