BREAKING: The Small Business Administration Drops HAMMER on Somali Fraud, Cuts Off All Minnesota
SBA Administrator Kelly Loeffler tells me she is “disgusted and sickened” by Nick Shirley’s expose of Somali small business fraud and is taking immediate action. SBA is cutting off and clawing back ALL SBA grants to Minnesota, effective immediately.
She says this is due to Tim Walz refusal to enforce laws governing small businesses and the Governors allowance and facilitation of fraud.
Loeffler tells me that SBA was able to uncover half a billion dollars of fraud “within days” of investigating Minnesota.
She notes the Trump administration will focus on the “state officials” who built an “industrial-scale crime ring to rip off hardworking Americans.”
“The scope of this international scam is still unknown, likely in the billions. Pending further review, SBA is freezing all grant funding to the state in order to stop the rampant waste of taxpayer dollars and uncover the full depth of fraud,”
@SBA_Kelly
tells me.
This is how Somali fraud is crippling opportunity for native, law abiding Minnesotans.
She told Nick she was scared of him bc of his color . They are not just scammers they are racist too . pic.twitter.com/v6q4itcOa2
— mandala (@mandala_mandy) December 28, 2025