Eric M. Thorson Inspector General U.S. Small Business Administration Before the Committee on Small Business and Entrepreneurship United States Senate November 13, 2007
… General (OIG) and the U.S. Secret Service began a sweep in Detroit, Michigan, resulting in the arrest of 18 … Mr. Harrington’s indictment charged him with making at least 76 fraudulent SBA-guaranteed loans totaling about … allowed BLX to originate and approve loans with virtually no prior SBA review. Our report disclosed that SBA, based on …