Fraud Rampant in Loan Program

According to Bloomberg, the Small Business Administration gave away millions of dollars in fraudulent Small Business Economic Injury Disaster loans.

For a few months this year, a U.S. government aid program meant for struggling small-business owners was handing out $10,000 to just about anyone who asked. 

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Small Business Most Often Hurt Most by Credit Card Fraud

Credit Card Guide reports that banks are not legally obligated to cover small businesses that are victim of credit card fraud.

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