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US says fraudsters got millions for jewelry, cars from Small-Business Program | VOA News
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US says fraudsters got millions for jewelry, cars from Small-Business Program | VOA News

The government established a loan program to help out small business survive the pandemic as many were forced to shut down. There have been reports of people abusing the program to take out loans to personally buy themselves luxury gifts. Someone in Georgia has been found to use the money to buy themselves a Rolex and a Rolls Royce. The Justice Department has been busy tracking down fraud that is associated with programs like these. They have prioritized hunting down fraud related to people who are taking advantage of COVID-19 for their own personal gain.

Source: https://www.voanews.com/covid-19-pandemic/us-says-fraudsters-got-millions-jewelry-cars-small-business-program

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