Small businesses got more than $200 billion in potentially fraudulent COVID loans, report finds

Small businesses got more than $200 billion in potentially fraudulent COVID loans, report finds

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More than $200 billion in federal aid to small businesses during the pandemic may have been given to fraudsters, a report from the Small Business Administration revealed on Tuesday. As the agency rushed to distribute about $1.2 trillion in funds to the Economic Injury Disaster Loan and Paycheck…

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