The uncensored truth about SBA failures, EIDL disasters, PPP fraud, and government accountability.
California, the land of sunshine, tech billionaires, and apparently one hundred and eleven thousand people who thought the federal government would never come knocking. The SBA just dropped a nuclear...
There is something almost poetic about a woman who, upon learning the FBI was closing in on her $3.3 million pandemic fraud scheme, texted her co-conspirator that she thought she was "going on a long...
Another day, another pandemic fraudster heading to federal prison. This time it's a Cedar Rapids man who thought he could game the system and walk away rich. Spoiler alert: he couldn't.
I thought the PPP fraud story couldn't get any worse. I was wrong. The SBA just confirmed it's investigating links between the billion-dollar Minnesota COVID fraud scheme and the Paycheck Protection...
Here's something that'll make your blood boil: the same people we trust to uphold the law are apparently just as eager to rob the pandemic relief system blind as everyone else. Bedson Raymond, a...
The Department of Justice's PPP fraud dragnet keeps pulling in increasingly absurd catches. In just the past few weeks, we've seen a man get 15 years for listing Keanu Reeves and Jon Snow on his...
In the endless parade of pandemic fraud stupidity, we finally have a champion. A Marietta, Georgia man has been sentenced to nearly 15 years in federal prison for a $13 million PPP and tax fraud...
The SBA just dropped another bomb. Administrator Kelly Loeffler announced that 1,091 companies have been suspended from the 8(a) Business Development Program. That's not a typo. That's 25% of all...
The SBA just dropped a nuclear bomb on Minnesota's pandemic relief fraud problem. Administrator Kelly Loeffler announced that her agency has suspended 6,900 Minnesota borrowers who received...
The Department of Justice just secured another major conviction in the ongoing war against pandemic relief fraud. Ikponmwosa Erhinmwinrose, 39, of Atlanta, Georgia, was found guilty by a federal jury...
Federal prosecutors announced that eleven individuals have been indicted for their roles in a scheme to defraud the SBA by submitting false and fraudulent EIDL and PPP applications. The defendants,...
The SBA's Office of Inspector General just released another damning report on the agency's COVID-19 loan collection efforts. The numbers are staggering: $47 billion in COVID-19 EIDLs have been...