A new report shows more than $200 billion meant to help struggling businesses during the pandemic may have been stolen.
A new report shows more than $200 billion meant to help struggling businesses during the pandemic may have been stolen.
Unfortunately, this is just the latest price tag from federal COVID funds suspected to have been misused. During the initial roll-out in 2020, Inspector General of the SBA Mike Ware noted the importance of dependable internal controls within the SBA in order to mitigate the risk of fraud.One of the findings contends that the agency"weakened or removed the controls necessary to prevent fraudsters from easily gaining access to the programs."
"A decision was made at the outset of the pandemic: speed was the key," said Horowitz."We're going to send the money out. We're not going to vet people. That was a bad choice. It was the wrong choice. It never should have happened."
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Small businesses got more than $200 billion in potentially fraudulent COVID loans, report findsMore than $200 billion in federal aid to small businesses during the pandemic may have been given to fraudsters, a report from the Small Business Administration revealed on Tuesday.
続きを読む »
More than $200 billion in pandemic relief squandered, says government watchdog reportJUST IN: The federal government squandered more than $200 billion in its rush to prop up small businesses during the COVID-19 pandemic, according to a government watchdog report.
続きを読む »
More than $200 billion in pandemic relief squandered, says government watchdog reportThe federal government squandered more than $200 billion in its rush to prop up small businesses during the COVID-19 pandemic, according to a government watchdog report.
続きを読む »
More than $200 billion in pandemic relief potentially squandered, says government watchdog reportThe federal government squandered more than $200 billion in its rush to prop up small businesses during the COVID-19 pandemic, according to a government watchdog report.
続きを読む »
More than $200 billion in pandemic relief potentially squandered, says reportThe government squandered more than $200 billion in potential fraud its rush to prop up small businesses during the COVID-19 pandemic, says a government watchdog report.
続きを読む »
Fraudsters likely stole over $200 billion in Covid relief aid, watchdog says | CNN BusinessThe Small Business Administration distributed more than $200 billion in potentially fraudulent Covid-19 relief funds, according to a federal watchdog.
続きを読む »