US EditionReport: Improvements needed to determine full scope of small business pandemic fraud
- Nearly 2 million potentially fraudulent pandemic-era small business applications still need investigation, according to the Small Business Administration's inspector general.
- The Government Accountability Office reported that the Small Business Administration was unable to fully investigate nearly 2 million likely fraudulent applications due to incomplete information.
- Senator Joni Ernst criticized the Small Business Administration for its oversight on billions in coronavirus aid, calling it either incompetence or negligence.
- The Small Business Administration is committed to enhancing fraud prevention efforts and collaborating with law enforcement to hold fraudsters accountable, according to spokesperson Caitlin O'Dea.
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Biden-Era Small Business Admin Exposed in Lax Pursuit of COVID Fraud
Sen. Joni Ernst (R-IA) said a Government Accountability Institute (GAO) report found lax oversight by the SBA over hundreds of billions of dollars in coronavirus aid loans and grants doled out during the Biden-administration was either "jaw-dropping incompetence or willful negligence." Ernst cannot decide which is worse. The post Biden-Era Small Business Admin Exposed for ‘Jaw-Dropping Incompetence or Willful Negligence’ in Pursuing Coronavirus …
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Total News Sources20
Leaning Left2Leaning Right6Center1Last UpdatedBias Distribution67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
L 22%
11%
R 67%
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