House Investigators Warn of Possibly ‘Billions of Dollars’ in PPP Fraud and Abuse

SBA loan underlined words and marker.

Congressional investigators say they have identified lapses pointing to possible fraud and abuse in a key coronavirus relief program, including more than $1 billion awarded to small businesses that received multiple loans. A report issued Tuesday by a House subcommittee says a lack of government oversight and accountability for the $600 billion-plus program “may have… Continue reading House Investigators Warn of Possibly ‘Billions of Dollars’ in PPP Fraud and Abuse