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$9 Billion in Fraud? SBA Exposes Massive Scheme in California and Minnesota
Posted
March 5, 2026
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1,131
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March 5, 2026
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6:23Now PlayingA new federal fraud crackdown is underway as officials investigate billions of dollars in alleged abuse of government programs. The Small Business Administration says investigations have already uncovered $9 billion in suspected fraud in California and hundreds of millions more in Minnesota. With a new federal task force being formed, the administration says it plans to aggressively pursue organized fraud networks targeting taxpayer funds.
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