Arizona-mainly based Blueacorn questioned when you look at the congressional PPP loan scam studies

Arizona-mainly based Blueacorn questioned when you look at the congressional PPP loan scam studies

SCOTTSDALE, AZ – An area team, and this assisted concert pros and you can mommy-and-parent have the government loans to stay in team for the pandemic, is now at the center out of good Congressional probe towards if the latest funds were made in order to fake otherwise ineligible individuals.

Blueacorn is depending when you look at the Scottsdale and you can helped process more than $twelve mil inside the Salary Safeguards Program finance, with regards to the business

one-third of the work related to $15,000 of cash received in advance was performed this period.

Now our house Come across Subcommittee on Coronavirus Drama are inquiring providers professionals on how far it generated and you can what they did to try to steer clear of the you can easily waste, fraud, and you may discipline regarding tax bucks.

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