Cat and Mouse – Fraudsters Shift To Disability Fraud Now
Fraud is a game of cat and mouse and we’re watching it in real time in California right now. It’s no secret that California got rocked with unemployment fraud in 2021. The state admitted that they paid out at least $20 billion in fraudulent claims, but many believe the number could actually be much higher. […]
Blue Acorn Made $1B on PPP, Now Congress Has Questions
Scottsdale based Blue Acorn processed billions of dollars in PPP loans and now Congress wants answers on fraud. The company made it remarkably easy for borrowers to obtain PPP funds with their automated systems and collected $1 billion in fees. Fintech’s have a lot to answer for now that the dust has settled. This will […]