PPP scammers made fintech their lenders of choice

 

Source: Michelle Davis, Bloomberg

Financial technology companies handled 75% of the approved PPP loans that have been connected to fraud by the U.S. Department of Justice, a Bloomberg analysis of more than 100 loans at the center of the cases shows. The fintech companies arranged just 15% of PPP loans overall.

Read Full Article: PPP scammers made fintech their lenders of choice

Tags/Keywords

 

Search

Quick Menu

Facebook FTwitter T
 

Consumer Help Desk

Advocacy