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SBA Cracks Down on 8(a) Contracting Fraud Following DOJ Corruption Probe

WASHINGTON, D.C. — In a decisive move to restore accountability and safeguard public funds, the U.S. Small Business Administration (SBA) recently issued a formal directive to federal contracting ...
Nasdaq

New Bill: Representative Troy Downing introduces H.R. 4495: SBA Fraud Enforcement Extension Act

We have received text from H.R. 4495: SBA Fraud Enforcement Extension Act. This bill was received on 2025-07-17, and currently has 1 cosponsor. Here is a short summary of the bill: The SBA Fraud ...
FOX 5 Atlanta

Pandemic relief fraud: SBA employee admits approving loans for self, family

45-year-old Rena Barrett of Covington admitted to making false statements on loans worth more than $550,000. Barret worked for the Small Business Administration but resigned after her fraud was ...

-Thousands of small-business loans may have been fraudulent, U.S. House panel finds

Tens of thousands of loans worth billions of dollars may have been subject to fraud, waste and abuse in the $659 billion taxpayer-funded program aimed at helping small U.S. businesses survive the ...
Newsday

Founders who arranged PPP loans for more than 3,200 LI firms face 20 years for COVID-19 fraud

The founders of a financial technology firm that arranged pandemic relief loans for thousands of small businesses nationwide — including more than 3,200 on Long Island — are each facing up to 20 years ...