This…is American EIDL Fraud!
Podcast |
Oh My Fraud
Media Type |
audio
Podknife tags |
Scams
Society & Culture
True Crime
Categories Via RSS |
Comedy
True Crime
Publication Date |
Aug 02, 2023
Episode Duration |
01:09:08

In previous episodes Caleb and Greg have discussed the rampant fraud in the Paycheck Protection Program (PPP). But in this episode, the guys discuss a much less talked about program that was also subject to a lot of pandemic relief fraud: Economic Injury Disaster Loans (EIDL). 

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Sources:

PostscriptSince we recorded this episode, there have been a couple developments:

1. The Small Business Administration released a new report entitled "COVID-19 Pandemic EIDL and PPP Loan Fraud Landscape" on June 27, 2023. It estimates that the total amount of fraud between EIDL and PPP is ~$200 billion.

2. Former Florida Representative Joe Harding requested that his sentencing be pushed back a couple months. He still faces a maximum sentence of 35 years after pleading guilty to wire fraud, money laundering and making false statements about COVID-19 relief aid he received.

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