Report: Online Lending Platform Issued $7M in PPP Loans to Fake Recipients

May 21, 2021

Online lending platform Kabbage issued 378 Paycheck Protection Program loans worth $7 million to fake recipients, according to a new report by ProPublica.Some of the businesses that obtained loans through the Georgia company had names like ”Ritter Wheat Club” and ”Deely…

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Report: Online Lending Platform Issued $7M in PPP Loans to Fake Recipients

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