The Small Business Administration has suspended 6,900 borrowers in #Minnesota amid one of the largest COVID-era loan fraud investigations in U.S. history. Nearly $400 million in PPP and EIDL loans have been flagged as potentially fraudulent, including funds linked to a #Somali fraud scheme in Minneapolis. SBA Administrator Kelly Loeffler said those involved will be banned from all SBA programs and referred to federal law enforcement. Watch | The Times of India
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Let this sink in: the amount of fraud we're talking about in Minnesota could exceed the entire GDP of Somalia. This happened under Tim Walz's watch. One of the biggest fraud schemes in American history. No wonder Democrats couldn't stop screeching in today's hearing, the fraud is on their hands and they know it. | Congresswoman Nancy Mace
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