Home / Crime / Feds Find $9 Billion in Suspected SBA Loan Fraud in California

Feds Find $9 Billion in Suspected SBA Loan Fraud in California

The U.S. Small Business Administration has suspended more than 111,000 California borrowers and will seek to recoup $8.6 billion in suspected fraudulent aid linked to the Covid pandemic.

The U.S. Small Business Administration (SBA) has suspended more than 111,000 California borrowers and will seek to recoup $8.6 billion in suspected fraudulent aid linked to the Covid pandemic.
SBA Administrator Kelly Loeffler revealed the action Frid… [3774 chars]

Source: Breitbart News Network | Published: 2026-02-07T11:38:59Z

Credit: Breitbart News Network

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