Has the SBA gotten better at preventing fraudulent loans?




Federal Drive with Tom Temin show

Summary: No one is yet sure how much money appropriated under the CARES Act last spring was expended on fraudulent loans. But for the second big chunk of business relief spending, enacted last week, the Small Business Administration has revised its procedures. My next guest has been watching carefully. He teaches national security at Georgetown University and is founder of Giant Oak Search Technology, Gary Shiffman. Learn more about your ad choices. Visit megaphone.fm/adchoices