SBA Lost $200 Billion In Covid Pandemic Relief To Fraud And Abuse, Government Watchdog Finds

The Small Business Administration lost more than $200 billion to fraud, waste and abuse during its push to help small businesses during the pandemic through programs like the Paycheck Protection Program, a government watchdog report published Tuesday found—the latest astronomical figure of misspending of federal COVID-19 money. READ MORE: https://www.forbes.com/sites/anafaguy/2023/06/27/sba-lost-200-billion-in-covid-pandemic-relief-to-fraud-and-abuse-government-watchdog-finds/?sh=46c1c22b75eb Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more: https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript Stay Connected Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com