SBA Fraud News & Investigations

The uncensored truth about SBA failures, EIDL disasters, PPP fraud, and government accountability.

BREAKING

"Most Stupid Fraud in History": Illinois Tax Preparer Gets 10 Years for $14M PPP Fraud

March 15, 2026

An Illinois tax preparer earned the unofficial title of dumbest PPP fraudster in America after getting caught running a $14 million scheme so brazen that federal prosecutors called it one of the most reckless cases they'd ever seen. He just got 10 years.

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BREAKING

Palm Beach County Sheriff's Deputy Stole $20,833 in PPP Funds by Pretending to Be a Barber, Got Probation Instead of Prison

March 15, 2026

PBSO deputy Bedson Raymond faked a barber business claiming $120,844 in income to steal PPP funds while collecting a government paycheck. His sentence: four years probation and $500/month payments. If he completes it, the felony gets erased from his record entirely.

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BREAKING

Roanoke Woman Gets 8 Years for Running a $2 Million PPP Fraud Ring, Blew Stolen Cash on Miami Vacations and a New House in Charlotte

March 14, 2026

Jaimeka Austin recruited over 100 fake applicants through social media, charged them $5,000 each for fraudulent $20,000 PPP loans, then spent the proceeds on luxury shopping sprees and a new-construction home. 24 co-defendants. 142 criminal counts. 8 years in federal prison.

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BREAKING

California's $8.6 Billion Pandemic Loan Fraud Bombshell: How the SBA Let an Entire State Rob the Treasury Blind

March 11, 2026

The Trump administration just uncovered $8.6 billion in suspected pandemic loan fraud in California alone. 111,620 borrowers suspended. This is the biggest state-level fraud discovery in SBA history.

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BREAKING

The SBA Just Hired Palantir to Hunt Down Fraud They Should Have Caught Years Ago

March 6, 2026

The SBA just spent your tax dollars hiring a surveillance tech company to find billions in PPP and EIDL fraud that they handed out without basic verification. The numbers are staggering and nobody is laughing.

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BREAKING

DOGE Slashes 43% of SBA Workforce While Kelly Loeffler Invents $3 Billion in Savings That Don't Exist

March 4, 2026

Elon Musk's DOGE operation has gutted nearly half of the SBA's workforce while administrator Kelly Loeffler claims $3 billion in savings. The math doesn't add up and small businesses are paying the price.

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NEW

154 "Disadvantaged" Small Businesses Were Worth Tens of Millions and the SBA Gave Them $1.3 Billion

March 4, 2026

Quick question for the room: if a company has $35 million in assets, is it a "disadvantaged small business"? If your answer is no, congratulations, you are smarter than the entire Small Business...

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NEW

SBA and USDA Finally Decide to Share Data on Fraud, Only $200 Billion Too Late

March 3, 2026

Hold on to your seats, taxpayers, because the United States government has just made a groundbreaking discovery: agencies can share information with each other. That's right. In the year 2026, after...

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NEW

SBA KILLS ITS OWN CREDIT SCORING SYSTEM FOR SMALL LOANS, REPLACES IT WITH A BUREAUCRATIC NIGHTMARE N

February 26, 2026

Congratulations, small business owners. The SBA just looked at the one thing that was actually sort of working in its small-dollar loan program and said, "Yeah, let's kill that." Effective March 1,...

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NEW

KANSAS CITY WOMAN GETS 87 MONTHS IN FEDERAL PRISON FOR PPP FRAUD, CO-DEFENDANT HAD 253 STOLEN TREASU

February 26, 2026

Every time you think the PPP fraud stories can't get any dumber, America delivers. Rasheeda McDaniel, a 43-year-old Kansas City woman, was sentenced on February 25, 2026, to 87 months in federal...

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NEW

Illinois State Employees Stole $7.2 Million in PPP Loans While Literally Being Paid to Protect the Public

February 26, 2026

The Illinois Attorney General just busted state employees who applied for PPP loans using fake businesses while collecting their government paychecks. Seven point two million dollars in fraud, zero oversight.

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NEW

PPP Fraudsters Caught Buying Mansions With Stolen Loans Finally Get Sentenced

February 20, 2026

Three PPP loan fraudsters sentenced in February 2026 for buying houses and stealing millions while legitimate small businesses were denied. The sentencing parade continues.

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NEW

Family of Fraudsters Gets 3 Years in Prison for Stealing $2.5M in PPP Money, But a Cop Who Faked a B

February 16, 2026

Ladies and gentlemen, welcome back to America's favorite game show: WHO GETS PUNISHED FOR PPP FRAUD? The rules are simple. Steal millions from the Paycheck Protection Program and you might get...

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NEW

SBA Employee Got Hired at the IRS Too, Then Robbed Both Agencies Blind: The $3.5 Million Attallah Wi

February 14, 2026

You know how normal people update their LinkedIn when they get a second job? Attallah Williams, 32, of Hampton, Georgia, apparently updated her criminal portfolio instead. This woman got herself...

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NEW

SBA Bans Green Card Holders From Business Loans Starting March 1: Congratulations, Legal Immigrants

February 14, 2026

In a move that combines bureaucratic cruelty with spectacular timing, the Small Business Administration announced that starting March 1, 2026, green card holders are completely banned from its main...

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NEW

Pennsylvania Man Gets 10 Years for Submitting 120 Fake PPP Applications Through 18 Ghost Businesses:

February 14, 2026

Happy Valentine's Day, America. While you were buying overpriced roses and making dinner reservations you cannot afford, the federal court system was wrapping up the sentencing of a four-person fraud...

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NEW

How to Use the Government's Own Data to Track PPP and EIDL Fraud in 2026: Your Complete Pandemic Ove

February 14, 2026

Here is a beautiful little irony for you: the same federal government that handed out trillions in pandemic loans with the screening rigor of a bouncer at a Chuck E. Cheese birthday party actually...

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NEW

Elon Musk's DOGE Now Has Access to Every SBA System: Your Small Business Data Belongs to a Billionai

February 8, 2026

If you have ever applied for an SBA loan, a disaster relief grant, a PPP loan, an EIDL loan, or frankly anything involving the Small Business Administration, congratulations. Your personal financial...

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NEW

The SBA Gave $312 Million in Pandemic Loans to Children Under 11 and $333 Million to People Over 115

February 8, 2026

There are government failures, and then there are government failures that make you question whether anyone at any level of the federal bureaucracy has ever used a calculator, looked at a calendar,...

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NEW

SBA Approved $3 Billion in California Wildfire Disaster Loans But Only Disbursed $600 Million: Where

February 8, 2026

One year ago, the most destructive wildfires in California history ripped through Los Angeles County, incinerating entire neighborhoods, displacing tens of thousands of families, and destroying...

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