Marco Rubio downplays PPP fraud: Government programs have 'fraud embedded in them'

Marco Rubio downplays PPP fraud: Government programs have 'fraud embedded in them'

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The Facts Inside Our Reporter’s Notebook Addressing the massive amount of fraud leeching off the Paycheck Protection Program during the pandemic, Florida Republican Sen. Marco Rubio said government programs have "fraud embedded in them."
One academic study from last year conservatively estimated the total amount of fraud at about $76 billion. There were roughly 21 million forgivable loans distributed, but only about 180 people have been arrested in connection with PPP fraud.
Most recently, 8 people were charged for a $7 million PPP fraud scheme. In a separate case, a California man was convicted for "submitting fraudulent applications seeking money...
Source: https://justthenews.com/government/congress/rubio-ppp-fraud-government-program-have-fraud-embedded-them?utm_source=justthenews.com&utm_medium=feed&utm_campaign=external-news-aggregators