Financial technology firms abdicated their responsibility to screen out fraud in applications for a federal program designed to help small businesses stay open and keep workers employed during the pandemic,
Financial technology firms abdicated their responsibility to screen out fraud in applications for a federal program designed to help small businesses stay open and keep workers employed during the pandemic, a report by a House investigations panel said Thursday. The report also names a woman who worked as a news anchor in Phoenix as being the co-founder of one of the companies involved.
House panel says lax screening helped facilitate PPP fraud wtmj.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wtmj.com Daily Mail and Mail on Sunday newspapers.