Daily Archives: September 2, 2020

Protect Your Business From COVID-19 Scams

Protect Your Business From COVID-19 Scams

Financial institutions are raising red flags about suspected fraud surrounding the Small Business Administration’s COVID-19 Economic Injury Disaster Loan (EIDL) program, according to the SBA’s Office of Inspector General. Nearly 440 financial institutions ranging from small, local credit unions to major national institutions are alerting the SBA about suspected fraudulent EIDL loan applications. The IG’s office identified $250 million in…

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