Exclusive | SBA boss Kelly Loeffler announces ‘state-by-state’ fraud crackdown, touts 54% headcount slash

Loeffler targets $50B SBA program that has ‘never been looked at,’ bans 112K-plus COVID loan fraudsters

Small Business Administrator (SBA) Kelly Loeffler unveiled a sweeping fraud crackdown on Wednesday, announcing an audit of a decades-old $50 billion program she said has "never been looked at" and barring 112,000 borrowers from future aid over COVID-era loan fraud."There are dozens of programs across this government that need to be reviewed," Loeffler said on "Mornings with Maria.""I found a program that we had in our agency about 50 years old, …

SBA launches 'War on Fraud' investigating $50B of waste

The Small Business Administration will collaborate with Vice President JD Vance‘s task force for a 50-state crackdown targeting federal benefit fraud, Secretary Kelly Loeffler announced Wednesday. “We are going to go state-by-state … We have other programs. This isn’t just [the] COVID era that we’re looking at, but we are going to make sure that we contribute meaningfully to Vice President [JD] Vance’s fraud task force that he is heading up, whi…

Exclusive | SBA boss Kelly Loeffler announces ‘state-by-state’ fraud crackdown, touts 54% headcount slash

The Trump administration is readying a 50-state assault on federal benefit fraud, Small Business Administration boss Kelly Loeffler revealed on the latest episode of "Pod Force One," out Wednesday.