Improved Skills and Efficiency:By participating in our training program, you will enhance your knowledge and skills regarding spotting and reporting SBA borrower fraud. This will enable you to perform your duties more effectively and efficiently, leading to improved loan processes and increased customer ...
Government Accountability Office (GAO) which discovered fraud among firms under the Historically Underutilized Business Zone program of the Small Business Administration (SBA). The said program awards federal contracts to small businesses located in low-income communities. According to the author, the ...
If you've been the victim of fraud or identity theft, here's what you can do, and how to report the crime to authorities and your financial institution.
Top tips to help protect against identity theft. Test your business credit score IQ. Basic facts every small business owner should know. Checklist for starting a business. Business fraud activities prevalent in the marketplace today. Business Credit - What You Don't Know Can Hurt You ...
All businesses are subject to business credit approval and all funds are subject to fraud monitoring. In addition, funding is subject to the terms and conditions of the merchant processing agreement. Chase Payments Solutions must receive settled transactions by 10 PM ET (some businesses may qualify...
“That is why, from the very beginning of the pandemic and the COVID EIDL program, SBA imposed a set of rigorous, comprehensive internal controls, both automated and manual, to combat and mitigate the risk of fraud. The OIG failed to highlight this important fact in its report.” The ...
We have a customer that is a victim of fraud. The customer called several different credit reporting agencies to get information and received several different answers regarding credit information. The customer wants us to pull a tri-credit report for them. Would this be a permissible purpose to...
the SBA has already uncovered $190.7 billion in potential fraud across relief programs under its jurisdiction. Specifically, it expects to find upwards of $100 billion within the scandal-plagued Paycheck Protection Program. Acting Treasury Inspector General Richard Delmar admitted to just $2.6 billion ...
GAO highlighted four procurement areas that it deems high-risk, meaning operations that have “vulnerabilities to fraud, waste, abuse, and mismanagement, or that need transformation.” More information is available about each of these areas in separate reports from GAO in the links below. VA ...
Cryptocurrency Fraud Soars, Spurring State Action Elaine S. Povich Stateline.org WWR Article Summary (tl;dr) As Elaine Povich reports, “The FTC reported in May that consumers sent more than... 1.8K LIFE & STYLE Celebrity Chef Joanne Weir Set To Open New Rooftop Restaurant Linda Zavoral...