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The Crackdown on PPP Loan Fraud Continues
3 years ago
83
As a result of the pandemic, millions of people lost their jobs, and the government provided billions of dollars in aid. However, any situation involving large amounts of money becomes a target for scammers and fraudsters.
PPP loan fraud is a recent scam that you've probably heard of. According to many sources, PPP loan fraud may be the largest of all time, with scammers stealing $100 billion or more. But what exactly is PPP loan fraud? And could it endanger you?
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