A U.S. enforcement push, dubbed "Heartland fraud surge," probed losses involving the Paycheck Protection Program and Economic Injury Disaster Loan program.
Kansas City, Missouri — Vice President JD Vance announced Monday the Trump administration will suspend roughly 870,000 people suspected of defrauding pandemic-era small business programs from receiving future federal loans. "If you screwed the American taxpayer, the federal government is now going to say you're cut off, no more," Vance told reporters. "You shouldn't be applying anymore, and if you do apply, you're no longer able to get those benefits." His remarks came as the Justice Department announced a slew of cases in a nationwide crackdown on fraud involving the COVID-19-era Paycheck Protection Program.
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