ZERO TOLERANCE - Justice is finally hitting California
SBA Administrator Kelly Loeffler just SUSPENDED over 111,000 California borrowers suspected of orchestrating $8.8 BILLION in pandemic fraud
By News on the Net -- ⁿᵉʷˢ Barron Trump—— Bio and Archives--February 7, 2026
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No more looking the other way. No more excuses.
One address. Fourteen fake “small businesses.” Two million dollars in loans. Not a dime repaid. And that’s just the tip of the iceberg.
Thousands of loans were handed out using fabricated records, shell companies, and outright lies. Now every one of these fraudsters is BARRED from future federal loans and government contracts.
Loeffler didn’t mince words. She blamed socialist welfare policies in states like California and Minnesota for inviting massive criminal abuse. She says the previous administration tried to sweep this disaster under the rug. That era is over.
ZERO TOLERANCE????Justice is finally hitting California.
— ⁿᵉʷˢ Barron Trump ???????? (@BarronTNews_)February 6, 2026
SBA Administrator Kelly Loeffler just SUSPENDED over 111,000 California borrowers suspected of orchestrating $8.8 BILLION in pandemic fraud.
No more looking the other way. No more excuses.
One address. Fourteen fake “small… pic.twitter.com/Qqxh0UXfR0
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