Fanatics Raises Offer to Buy PointsBet’s U.S. Business by 50%

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Minnesota business man killed in WWII plane crash

PublishedJune 27, 2023 6:35PM (FOX 9) – A Minnesota businessman was killed Tuesday morning in a plane crash in Montana while flying a World War II-era plane. Paul Ehlen, founder of Precision Lens in Bloomington, was flying a vintage World War II P-40 Warhawk, when it suffered a mechanical failure shortly after takeoff from the … Read more

Over $200B in COVID-19 business loans paid to ‘potentially fraudulent actors’: watchdog estimates

( The Hill ) – The Small Business Administration’s (SBA) oversight office released new findings, estimating that tens of billions of dollars disbursed by the agency through pandemic loan programs intended to help small businesses was paid to “potentially fraudulent actors.” The SBA’s Office of Inspector General (OIG) said in a report on Tuesday that … Read more

Top House Republican slams Small Business Administration after agency admits twice as much COVID loan fraud

Author Michael Shellenberger says Congress needs a bipartisan commission, similar to the panel that investigated 9/11, to look into the origins of COVID. FIRST ON FOX: The Republican chairman of the House Committee on Small Business is accusing the Small Business Administration (SBA) of failing to protect coronavirus loan programs from fraud after a government … Read more

Investigators scramble to recover pandemic small business support lost to fraud

F ederal investigators are scrambling to recover over $200 billion they believe was fraudulently diverted from the government’s effort to stabilize small businesses during the COVID-19 pandemic. The missing funds make up 17% of the $1.2 trillion disbursed by the Small Business Administration. A report from the SBA’s inspector general, Hannibal “Mike” Ware, updated previous … Read more