Small businesses got more than $200 billion in potentially fraudulent COVID loans, report finds
Headline from CBS News
More than $200 billion may have been stolen from two large COVID-19 relief initiatives in the pandemic's early months, the Small Business Administration said in a new report.
CBS News's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The Office of Inspector General of the Small Business Administration has released a "landscape of fraud" report highlighting why 17% of PPP and other loans appear bogus.
The Inspector General of the Small Business Administration has released a "landscape of fraud" report highlighting why 17% of PPP and other loans appear bogus
The United States lost more than $200 billion to fraud from two schemes designed to help small businesses through the Covid-19 pandemic, according to a US
More than $200 billion may have been stolen from two large COVID-19 relief initiatives in the pandemic's early months, the Small Business Administration said in a new report.
At least $200 billion in aid for small businesses may have gone to frauders, according to a new inspector general report. The Small Business Administration questions those numbers.
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
Small businesses got more than $200 billion in potentially fraudulent COVID loans, report finds | Since Then