Pandemic-era fraud: SBA finds $430M stolen in Minnesota, thousands of fake small business loans under investigation

TRUMP’S SBA CHIEF FINDS 7,000 FAKE LOANS WORTH $430M IN MINNESOTA ALONE Small Business Administrator Kelly Loeffler says her team found 6,900 fraudulent small business loans in Minnesota that stole $430 million from taxpayers. It took them 2 days to find $3 million worth of fraud once they started looking. “It didn’t take long when …

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