Banks report record amount of suspected business-loan fraud during PPP - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Banks filed a record number of reports flagging suspected business-loan fraud at the same time they disbursed PPP funds that Republicans called a 'resounding success'

President Donald Trump with Jovita Carranza, the administrator of the Small Business Administration, and Treasury Secretary Steven Mnuchin at an event about the Paycheck Protection Program.Banks in July filed a record-high number of claims of suspected business-loan fraud, according to a new report.

That figure is nearly seven times the monthly average and is the highest of any month recorded in FinCEN's database, which has been operating since 2014. For comparison, 1,263 reports were filed in all of 2015, the researchers said. Though the suspicious-activity claims are not "definitive evidence of fraud, the FinCEN data casts doubt on the assertion that there has been minimal fraud in the Paycheck Protection Program," the report said.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

If Biden wins, millions of Americans look forward to the media attacking him for 4 yrs just like they attack Trump. If media doesn’t give Biden same treatment a lot of Americans will be unhappy.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 729. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Tesla stock rallies after plunging a record 21% during Tuesday's tech rout - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Tesla is Enron on steroids. One of the biggest scams we're about to see. Elon is quaking in his boots. Begging other nations to ramp up lithium mining, asking for GM to sign on, pushing for space exploration to try & mine asteroids, & now the stock slides back. Are you NEW to FOREX? Minimize your losses with my expert strategy with an investment capital of $300, i can guarantee $3,500 as profits after 5days of investment without sending money to anyone . Inbox me if interested.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

Business Insider's top advertising and media stories for September 10 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

Lululemon sales soar thanks to at-home fitness boom during pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. We’re about to see a huge shift in the fitness industry as a whole- training at home is about to be more accessible than ever. What a beautiful thing congrats
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

Apple will unveil the iPhone 12 during a virtual event on September 15 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. YEAH! DONALD TRUMP IS AN IDIOT!!!! LOOK AT THE STOCK MARKET!!!
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »