
SBA's watchdog received more than 1 million fraud referrals for disaster loans, House select committee says
CNN
The Small Business Administration's watchdog received more than 1 million referrals for suspected fraud in loans from small business relief programs, including referrals for identity theft, according to an analysis released Thursday by the House select committee reviewing the federal response to the coronavirus crisis.
The SBA sent its Office of Inspector General 1.34 million referrals for potential fraud in loans and advances borrowed from the Economic Injury Disaster Loan program, the House Select Subcommittee on the Coronavirus Crisis's majority staff wrote in a memo. The latest analysis shows the wide scope of potential fraud in small business loans under the Trump administration. The House select committee claims that the Trump administration's "mismanagement" of small business relief programs led to nearly $84 billion in potentially fraudulent loans.
5 things to know for March 16: War with Iran, Oscar winners, Travel chaos, Severe weather, US airmen
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The retirement of Illinois Sen. Dick Durbin after nearly 30 years in office sparked an expensive three-way Democratic primary that has showcased the party’s divisions over how to confront President Donald Trump’s immigration crackdown and introduced pro-crypto forces as an influence seeking to shape the midterm elections. The contest is also setting up a test of Gov. JB Pritzker’s political clout in the state as he eyes a potential 2028 presidential bid.

Raúl Guillermo Rodríguez Castro, grandson of former Cuban President Raúl Castro, appeared for the first time alongside Cuban President Miguel Díaz-Canel at two public events on Friday, raising questions, according to analysts, about his role in Cuba’s leadership as the island faces calls for regime change from the United States.










