Small Business Administration (SBA) Administrator Kelly Loeffler revealed during a White House cabinet meeting on Wednesday that her agency has uncovered staggering amounts of fraud, including $200 billion in fraudulent Paycheck Protection Program (PPP) loans that the Biden regime kept hush-hush.
“We found $200 billion in fraudulent PPP loans that the Biden administration tried to hide and forgive and sweep under the rug,” she said.
Amid discussions about fraud and Vice President JD Vance’s Task Force to Eliminate Fraud, Loeffler made the stunning announcement.
As The Gateway Pundit reported, President Trump went off on the Somali fraudsters in Minnesota and Somali Rep. Ilhan Omar for pillaging the US Treasury. He further suggested that even more fraud has been discovered that will shatter the earth.
“In two months, we’ve exposed 10s of billions of dollars of defrauded taxpayer money, prosecuted numerous fraudsters,” he said.
“You haven’t seen anything yet,” Trump added. “Wait till you see. I’m getting reports from Todd, from JD. I’ve never seen anything like it.”
Hellbound and Down 