Department of Government Efficiency (@DOGE) exposing Fraud

DOGE continues to expose corruption

In 2020-2021, SBA granted 5,593 loans for $312M to borrowers whose only listed owner was 11 years old or younger at the time of the loan. While it is possible to have business arrangements where this is legal, that is highly unlikely for these 5,593 loans.

Doge also shared that the curious loans also involve borrowers over 115 years old.

“In 2020-2021, @SBAgov issued 3,095 loans, including PPP (Paycheck Protection Program) and EIDL (Economic Injury Disaster Loan), for $333M to borrowers over 115 years old who were still marked as alive in the Social Security database.”

“In one case, a 157 years old individual received $36k in loans.”

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