Thieves using stolen identities to get PPP loans
Identity thieves stealing PPP loans
FOX 26 Consumer Reporter Heather Sullivan has some smart sense on what you should do if you become a victim.
HOUSTON - Paycheck Protection Program loans are saving businesses and jobs. But they re also being misused to rip people off and leave them deep in debt.
Many people are discovering scammers have taken out PPP loans using their stolen names, social security numbers, and financial information, and left them with tens of thousands of dollars in debt. Someone took out a PPP loan in my name, because I am prosecuting to the fullest. I found out they took a second draw, so they have gotten $40,000, said Sharae Young in a Facebook video.