Eric M. Thorson Inspector General U.S. Small Business Administration Before the Committee on Small Business and Entrepreneurship United States Senate November 13, 2007
… him with making at least 76 fraudulent SBA-guaranteed loans totaling about $76 million. We believe this is the … admitted to making about 96 fraudulent SBA-guaranteed loans, so attempts to identify and investigate additional fraudulent loans, not charged in his indictment, are ongoing. Since his …