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Saturday, August 23, 2025

A Good Tragedy Makes Every Criminal Rich

The COVID-19 panic created all sorts of fraud opportunities.   This 8/22/25 Department of Justice release tells of a guilty plea:
'A California man pleaded guilty yesterday for his role in a scheme to defraud the Small Business Administration (SBA) out of $15.9 million in loans through the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) programs."

How many were not caught?

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