Justice Department Goes Into Overdrive on COVID Fraud
The Department of Justice has just reported that they are taking historically high level of enforcement actions against COVID fraudsters today. The Department of Justice announced an update today on criminal and civil enforcement efforts to combat COVID-19 related fraud, including schemes targeting the Paycheck Protection Program (PPP), Economic Injury Disaster Loan (EIDL) program and […]
SBA Receives 1 Million Referrals For Loan Fraud
The GAO has released another shocking report on the extent of SBA loan fraud and fraud may be even worse than many thought. The OIG received more than 1 million referrals for suspected fraud including identity theft and other schemes against the Paycheck Protection Loan Program. 1 in every 12 SBA and EIDL loans was so […]