Serious Concerns of Potential Fraud in EIDL Program Pertaining to the Response to COVID-19
… widespread potential fraud in the Economic Injury Disaster Loan and Advance grant programs that require immediate … from financial institutions receiving economic injury loan deposits. Nearly 3,800 of those reported instances of … hotline complaints by May 19, 2020. By June 26, 2020, the number of OIG hotline complaints had increased to 1,038. Of …