Three people identified so far. One small home registered 27 fake farm business early this year and applied for aid. He received 4.2 million dollars. There are others, 45 businesses in total:
This actually belongs in the Pit.
Did you report it for forum move?
Given the lack of a Pit-style rant against the scammers, I’m going to assume that the OP intended it as a breaking news type of discussion. The OP can clarify if they intended otherwise.
Feel free to start your own Pit thread if you’d like.
I’m not a pit type of guy. Anyway, this morning’s update now has 72 similar businesses linked. The guy’s lawyer stated that “some of the loans may have to be repaid”.
NBD; I just suggested it.
Ugh that sucks. I had heard a story on NPR where they interviewed business people who were having a tough time getting these loans. Granted, the linked story said this money was not the same as the PPP loans but still, a LOT of legit businesses are going to suffer - with cascading effects - because of these peoples’ greed.