a good start though a bit late;
- SBA freezes all grant funding to Minnesota after uncovering massive fraud.
- An international scam potentially stole billions in taxpayer dollars.
- Minnesota’s governor, Tim Walz (above), is accused of enabling a culture of corruption.
- The fraud includes $430 million in suspected fraudulent PPP loans.
- Officials vow to hold complicit state leaders accountable.
The Small Business Administration has pulled the plug on all grant funding to Minnesota. The decision, announced by SBA Administrator Kelly Loeffler on December 28, comes after investigators uncovered a staggering half a billion dollars in fraud within just the first few days of looking. This scandal, tied to an international network, reveals how taxpayer dollars have been systematically looted, with state officials either turning a blind eye or actively enabling the theft.
Administrator Loeffler stated that she was “disgusted and sickened” by the Minnesota government’s role in covering up the out-of-control fraud. “The scope of this international scam is still unknown, likely in the billions,” Loeffler said in comments reposted on X. “Pending further review, SBA is freezing all grant funding to the state in order to stop the rampant waste of taxpayer dollars and uncover the full depth of fraud.”............more.......
No comments:
Post a Comment