Secret Service Has Seized Over $1.4 Billion in Fraudulently Obtained Pandemic Loans

The U.S. Secret Service said connected Aug. 26 that it had seized $286 cardinal successful fraudulently obtained pandemic loans, bringing the full magnitude of stolen funds recovered by the bureau to $1.4 cardinal since the alleviation programme was rolled retired successful 2020. The Secret Service said successful a statement that it had returned the $286 cardinal to the Small Business Administration (SBA), the national bureau liable for distributing alleviation funds nether ...