Small Business Administrator Chief Kelly Loeffler has shut down 111,620 fraudulent loans in California, totaling $8.6 billion. The fraud is occurring mostly in Democrat districts, and it is orchestrated mostly by illegal aliens.
The enormity of it is breathtaking.
Loeffler’s announcement:
Today, following a visit to San Diego, U.S. Small Business Administration (SBA) Administrator Kelly Loeffler announced that the agency has suspended 111,620 California borrowers amid suspected fraudulent activity across SBA pandemic-era loan programs. In total, these borrowers received 118,489 Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL) totaling over $8.6 billion.
“Once again, the Trump SBA is taking decisive action to deliver accountability in a state whose unaccountable welfare policies have created a culture of fraud and abuse at the expense of law-abiding taxpayers and small business owners,” said SBA Administrator Kelly Loeffler. “Today, we announced we have suspended nearly 112,000 borrowers tied to at least $9 billion in suspected fraud.
This staggering number represents the most significant crackdown on those who defrauded pandemic programs, and it illuminates the scale of corruption that the Biden Administration tolerated for years. As we did in Minnesota, we are actively working with federal law enforcement to identify the criminals who defrauded American taxpayers, hold them to account, and recoup the stolen funds. As we continue our state-by-state work, our message is clear: pandemic-era fraudsters will not get a pass under this Administration.”
Influencers checked out some of the home healthcare fraud:
TikTok influencer saw my post about the California home health care spending and decided to fact check every claim
He pulls up government data and charts to look into it for himself
Spoiler. California politicians need to go to prison immediately
“Significant fraud happening” pic.twitter.com/gWJqWvwgmM
— Wall Street Apes (@WallStreetApes) February 6, 2026
Not prison, up against a damn wall is more fitting the crime.
Crooks steal money as our government hands it to them. So of course the illegals swarm to the USA.
This is the only administration that would be handling the problem.
Imagine what some of that money was used for (drug operations, election stealing).
I have been saying for years that Democrats are a crime syndicate… Of course I did not know all the things that are coming out now, but there were many many signs that Democrats are far more crooked than Republicans are… Because of course there are some corrupt Republicans, but they are often RINOs. The champions of fraud are Democrats,… Read more »
Did she get the permission of a leftist judge in CA to do this! Democrat bureaucrats will go running to a lefty Democrat “judge” to continue the money laundering in CA.
The ERC CREDIT was abused, look at that hard. Those that sold this were saying that supply chain interruption was the only thing needed even when a business was profitable during the time and sales increased 400%. Commission drove the fraud period.