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Shocking $8.6 billion new fraud uncovered in California
NY Post ^ | 02/06/2026 | Katie Jerkovich

Posted on 02/06/2026 8:51:24 AM PST by DFG

More massive fraud has been uncovered in California.

Only a day after the state’s Attorney-General Rob Bonta dismissed as ”baseless” claims of widespread fraud raging across the state, the Small Business Administration announced they’ve uncovered $8.6 billion in dodgy COVID-era loans.

SBA administrator Kelly Loeffler announced Friday the agency has suspended more than 111,000 California borrowers suspected of committing fraud during the pandemic.

They are accused of collecting money under the paycheck protection and economic injury disaster loans from the federal government that were supposed to ease the economic burden from COVID.

“Once again, the Trump SBA is taking decisive action to deliver accountability in a state whose unaccountable welfare policies have created a culture of fraud and abuse at the expense of law-abiding taxpayers and small business owners,” Loeffler told The Post.

“This staggering number represents the most significant crack-down on those who defrauded pandemic programs, and it illuminates the scale of corruption that the Biden Administration tolerated for years.”

“As we did in Minnesota, we are actively working with federal law enforcement to identify the criminals who defrauded American taxpayers, hold them to account, and recoup the stolen funds,

“As we continue our state-by-state work, our message is clear: pandemic-era fraudsters will not get a pass under this Administration.”

(Excerpt) Read more at nypost.com ...


TOPICS: US: California
KEYWORDS: aliens; california; covid; fraud; habitualcomplainers; habitualcomplaining; kellyloeffler; malcontentsoffr; ppp; sba

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1 posted on 02/06/2026 8:51:24 AM PST by DFG
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To: DFG

Not shocked. Nope. Not one bit. Completely predictable. Corruptible by design. Not shocked.


2 posted on 02/06/2026 8:53:15 AM PST by paulcissa (The left hates you and wants you dead.)
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To: DFG
“With dozens of investigations underway, the conclusion is unavoidable: Minnesota cannot be trusted to administer federal tax dollars. It's socialist welfare system has enabled fraud at industrial scale, at the expense of honest Americans – and these are the consequences.” -- Kelly Loeffler, SBA Administrator

Way to call it out, Ms. Loeffler!! That is the blatant truth. It seems that the vast majority of all welfare funds go to cheats and frauds.

3 posted on 02/06/2026 8:58:32 AM PST by ProtectOurFreedom
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To: DFG

OH BOY!!!
Another “Blockbuster” about which nothing will be done.


4 posted on 02/06/2026 9:02:21 AM PST by skimbell
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To: DFG

par for the course for Californication state govt


5 posted on 02/06/2026 9:05:08 AM PST by faithhopecharity ("Politicians aren't born, they're excreted." Marcus Tullius Cicero (106 to 43 BCE))
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To: DFG

“Covid” made it so easy to ripe off both government and citizens at every level that it looks premeditated and deliberate.


6 posted on 02/06/2026 9:07:15 AM PST by sjmjax
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To: DFG

The Covid scam has cost taxpayers billions in unaccounted money and it made lots of people rich. Time to prosecute. Yeah, right.


7 posted on 02/06/2026 9:11:19 AM PST by From The Deer Stand (Mp)
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To: paulcissa

“Not shocked. Nope. Not one bit. Completely predictable. Corruptible by design. Not shocked.”

Agree. And I won’t hold my breath waiting for some accountability.


8 posted on 02/06/2026 9:12:10 AM PST by brownsfan (We are already on the slippery slope.)
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To: DFG

It’ll dwarf the fraud in Minnesota by a hundred times easily. Millions of illegals are getting assistance from Sacramento.


9 posted on 02/06/2026 9:13:07 AM PST by dowcaet
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To: sjmjax

That’s why Biden kept the COVID scam going two years after it ended. Dems wasted trillions, drove up inflation and got Trump in return.


10 posted on 02/06/2026 9:14:05 AM PST by DeplorablePaul
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To: DFG

Not shocked here, either.

It’s going to be billion$ and billion$, in the blue states.


11 posted on 02/06/2026 9:14:58 AM PST by simpson96
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To: skimbell

No, they are really good at prosecuting the small people, who actually commit the fraud. It’s the big people who are complicit and facilitate it all who skate.


12 posted on 02/06/2026 9:16:21 AM PST by jimtorr
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To: dowcaet

Deep blue states and their fraud and crime will soon be no go zones for business or residents.


13 posted on 02/06/2026 9:23:07 AM PST by cnsmom
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To: DFG

There is a reason why Arizona and CA suddenly had a huge jump in exotic cars driven by those who clearly can’t afford them.
Covid loans


14 posted on 02/06/2026 9:25:52 AM PST by Zathras
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To: DFG
Image from Gyazo
15 posted on 02/06/2026 9:26:31 AM PST by Samurai_Jack (This is not about hypocrisy, this is about hierarchy!)
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To: DFG

Our printed, fiat money enables massive government debt - to be spent on government fraud and marxist social engineering.

When does it all collapse?


16 posted on 02/06/2026 9:36:59 AM PST by PGR88
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To: DFG

Only $8.6 billion? Since when did the feds get the idea they should harass busy state officials over small stuff like this? They will be wanting to count paperclips and ballpoint pens next. /OFF SARC


17 posted on 02/06/2026 9:40:53 AM PST by Cincinnatus.45-70 (What do DemocRats enjoy more than a truckload of dead babies? Unloading them with a pitchfork!)
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To: jimtorr

“small people commit the fraud. It’s the big people who are complicit and facilitate”

“Big people” also commit fraud. Example: Deloitte Enterprise Master Person Index does not fit any definition of Master Person Index and is therefore fraud. Deloitte fraud across Medicaid, CHPS, SNAP/EBT, WIC, TANF, Sec8, etal is far bigger than any welfare mom. But yes, Deloitte also facilitates the small time fraudsters. Example: Deloitte has people known to be dead as alive with claims from providers and with capitation expenses. Deloitte has Sue Smith, Susan Smith, Susan-Jones Smith with the same DOB, SSN and address ... and 3 distinct ID for collecting welfare. Sue didn’t intend to be fraudulent. But when duplicate SNAP exist why not take advantage of it? And Sue’s doctor didn’t plan to be fraudulent. But why not bill all of Sue’s Medicaid ID for the same procedure performed on Sue?


18 posted on 02/06/2026 9:46:17 AM PST by spintreebob
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To: DFG

Is Bonta a close friend and student of Keith Ellison of Minneapolis?


19 posted on 02/06/2026 9:48:20 AM PST by chopperk
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To: DFG

Seems Bonta is on the take.


20 posted on 02/06/2026 9:49:28 AM PST by chopperk
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