Trump Admin Uncovers Another $400 Million In Suspected Minnesota Fraud
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January 2, 2026
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Small Business Administration Administrator Kelly Loeffler said Thursday that nearly 7,000 people in Minnesota could face prosecution over potentially fraudulent federal loans taken during the COVID pandemic. Loeffler said her team had identified around $400 million in loans that may have been fraudulently obtained through the Paycheck Protection Program and the Economic Injury Disaster Loan ...
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