Your correspondent appeared on the Fox News program Fox and Friends this morning to discuss, what else, Minnesota frauds. I was specifically invited on to address this Fox News story, under the headline,
SBA suspends nearly 7,000 Minnesota borrowers over suspected $400M pandemic loan fraud.
The numbers are staggering, as Fox News reports,
The Small Business Administration (SBA) announced Thursday that it suspended 6,900 Minnesota borrowers after uncovering what it says is widespread suspected fraud.
SBA Administrator Kelly Loeffler said the agency reviewed thousands of Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) loans approved in Minnesota, and identified nearly $400 million in potentially fraudulent loans tied to borrowers in Minnesota.
Fox and Friends posted a couple of clips featuring yours truly to their Twitter (X) page,
