minus-squareTheDuffmaster@lemmy.worldtoExplain Like I'm Five@lemmy.world•ELI5 How did people steal PPP loans? Was it really easy or did they just know how to get around the red tape and stuff?linkfedilinkEnglisharrow-up0·2 months agoA lot of large companies would file with their subsidiaries, pretending to be much smaller companies and thus eligible for these loans meant for small businesses. linkfedilink
minus-squareTheDuffmaster@lemmy.worldto196@lemmy.blahaj.zone•Hungrulelinkfedilinkarrow-up28·3 months ago linkfedilink
A lot of large companies would file with their subsidiaries, pretending to be much smaller companies and thus eligible for these loans meant for small businesses.