DOJ investigating 'several hundred' small business loan fraud cases

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Federal law enforcement officials have identified nearly 500 individuals suspected of committing coronavirus-related loan fraud and have opened “several hundred” investigations, the Justice Department said

Thursday.

New details on potentially fraudulent applications for the loan program, which is credited with saving millions of jobs, show how the rush of aid during the early pandemic emergency has led to what prosecutors, Democratic lawmakers and taxpayer advocates fear could be widespread abuse. Still, it has stirred outrage because some of the money was used to pay for personal extravagances such as Rolex watches, luxury cars, Vegas gambling trips and nights on the town at strip clubs.

“You cannot hide from these paper and digital trails that you’re leaving behind for us to follow," he said in a warning to fraudsters.

 

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I would like to see the covid death $13k fraud and the $39K fraud. Real news subscribe 👇

How many are named Trump or Kushner?

Why aren't there investigations to ALL of the 'nearly 500 individuals'?

Start with the churches.

How much would you like to bet that the 500 individuals identified by Trump's Fed as fraudsters are Democrats.

I hope Kanye West was one of those identified

I would bet you they are only picking on the smaller businesses. If they pick on the bigger ones then you can rest assured none of those small business PPE loans will come from Republican owned white ones.

The moral bellwether starts at the top.

Names! I want names!

Please start inside the White House...then move on to investigate all buddies of everyone in the White House. I’m sure that’ll keep you busy for a long time.

Is this the trump family

Name and shame these criminals

You may be wondering why GOP fundraising has suddenly dropped...coincidence?

dont worry trump will have barr not enforce these sanctions because these are very fine people who are friends with rudy

I wonder if they had to check first if those people supported Donald J.

Are they investigating businesses that did the same?

Meanwhile, they are allowing this economy to tank!

But they provide cover for the biggest fraud of all. ImpeachBarrNow

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