House Committee Finds $4 Billion in Suspect PPP Fraud
Where were the simple fraud checks on PPP Loans? Even members of Congress using simple queries on publically available data sets have been able to find billions in loans that were granted when they probably should not have been. Democrats of the Select Subcommittee on The Coronavirus Crisis released a report today that flags over […]
Synthetic ID’s and Shell Companies Used in PPP Fraud
I am calling PPP Loan Fraud, the loan fraud of the century. It continues to astound me the level of audacity that fraudsters used to extract billions from the program in the blink of an eye. This week, the DOJ announced yet another massive PPP fraud scheme. But this time with a twist. Federal prosecutors […]