For small business owners or others searching for advice on applying for a U.S. government disaster loan, there's plenty to be found on social media. But that's just the beginning of potentially fraudulent activity the Small Business Administration's top watchdog is keen to root out.
WASHINGTON - For small business owners or others searching for advice on applying for a U.S. government disaster loan, there’s plenty to be found on social media. But that’s just the beginning of potentially fraudulent activity the Small Business Administration’s top watchdog is keen to root out.
U.S. prosecutors, in conjunction with Ware’s office and other authorities, have already pursued charges against people looking to take advantage of the agency’s Paycheck Protection Program and the Economic Injury Disaster Loan Program across the country, including in Florida, Texas, Georgia and Rhode Island.
That number has grown since the report was issued, Ware said, though he declined to provide more specific figures.
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