Tag: Pandemic Relief
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Widespread Fraud Uncovered in Pandemic Relief Programs, Reveals Government Watchdog
The analysis by the GAO revealed alarming levels of fraud in the Paycheck Protection Program (PPP) and the COVID-19 Economic Injury Disaster Loan Program (EIDL). Over 25% of applicants seeking pandemic relief through two SBA programs have potentially fraudulent discrepancies in their applications Out of the total 13.4 million unique recipients, the GAO identified more…