SBA Inspector General Warns of ‘Widespread’ Fraud in COVID-19 Loan Program

Koprince Law – According to the U.S. Small Business Administration Office of the Inspector General, potential fraudsters have obtained $250 million in federal funds intended to help businesses survive the impact of COVID-19. The Inspector General also identified $45.6 million in potentially duplicate payments and warned that with well over $220 billion left to give out, […]
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