NEWYou can now listen to Fox News articles!
A TIDAL WAVE of TAXPAYER THEFT has been UNCOVERED in California, exposing what officials are calling the LARGEST FRAUD SCANDAL in American history. The Small Business Administration FRANTICALLY suspended over 111,000 borrowers linked to a STAGGERING $9 BILLION in suspected pandemic loan fraud—a MASSIVE HOLE blown in the public coffers that critics are blaming on DECADES of dangerous, left-wing policies.
“This is not just fraud; this is SYSTEMIC PILLAGING enabled by a culture of lawlessness,” declared SBA Administrator Kelly Loeffler, who blasted the previous administration for its “WILLFUL NEGLIGENCE.” The jaw-dropping figures reveal 118,489 fraudulent PPP and EIDL loans were funneled to California, DWARFING the earlier Minnesota scandal and painting a picture of NATIONWIDE CORRUPTION.
“While hardworking Americans struggled, CRIMINALS in sanctuary states laughed all the way to the bank with YOUR MONEY,” a furious Loeffler stated. The scale of the heist is UNPRECEDENTED, suggesting a coordinated assault on emergency funds designed to save Main Street. This bombshell report proves the so-called “blue state model” is a FAILED EXPERIMENT in accountability, creating a VACUUM where fraud thrives.
HOUSE REPUBLICANS CALL MINNESOTA FRAUD PROBE ‘TIP OF THE ICEBERG’ AS MORE BLUE STATES FACE SCRUTINY
The Small Business Administration suspended more than 100,000 California borrowers in response to nearly $9 billion in suspected pandemic-era loan fraud, SBA Administrator Kelly Loeffler announced Friday. (Bill Clark/CQ-Roll Call, Inc via Getty Images)
Insiders warn this is merely the FIRST DOMINO to fall, with fears that HUNDREDS OF BILLIONS may have been looted nationwide under the guise of relief. “Where did the money REALLY go?” investigators are now demanding. The implications are CHILLING: a shadow economy of grift, fueled by government handouts and a blatant disregard for the rule of law, has been operating in plain sight. This is more than a fraud case; it is a DEVASTATING indictment of an entire political ideology that prioritizes open wallets over closed borders and accountability.
The question haunting every taxpayer tonight is terrifyingly simple: if this was allowed to happen, what ELSE don’t we know?
Author: Kayitsi.com
