Shocking $8.6 billion new fraud uncovered in California

Coronavirus

More massive fraud has been uncovered in California. Only a day after the state’s Attorney-General Rob Bonta dismissed as ”baseless” claims of widespread fraud raging across the state, the Small Business Administration announced they’ve uncovered $8.6 billion in dodgy Covid-era loans. SBA administrator Kelly Loeffler announced Friday the agency has suspended more than 111,000 California borrowers suspected of committing fraud during the pandemic. They are accused of collecting money under the

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Shocking $8.6 billion new fraud uncovered in California http://nypost.com - 06.02.2026 14:00

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Shocking $8.6 billion new fraud uncovered in California http://nypost.com - 06.02.2026 14:00