In close collaboration with
@WHFraudTF, the Trump SBA has exposed $122 billion in suspected fraud within the PPP and COVID EIDL programs that were widely abused throughout the pandemic.
Today,
@SBAGov is calling on members of the public, federal employees, lenders, and small business owners to join us in the fight by reporting suspected fraud through the new Fraud Whistleblower Incentive Program.
Whistleblowers may receive up to $30,000 for information leading to criminal charges relating to certain subject areas. Examples of potentially fraudulent or improper conduct include:
❗ Submitting false, fabricated, or altered financial records, payroll reports, or tax documents to secure SBA-backed commercial financing.
❗ Using SBA loan proceeds, disaster loans, or grant funds for personal enrichment.
❗ Unlawful kickbacks, fee-splitting, or misrepresentations involving the identities of loan packagers, brokers, or borrowers.
❗ Continued possession or misuse of government assistance by phantom or shell entities.
Submit a report at