SBA Granted Loans to Children plus It's Time to Self Deport

SBA Granted Loans to Children plus It's Time to Self Deport

The 47 Morning Update with Ben Ferguson

  1. Fraudulent Loans to Children:

    • The Department of Government Oversight (DOGE) discovered that the Small Business Administration (SBA) granted approximately 5,600 loans worth $312 million to borrowers listed as eleven years old or younger.
    • These loans were issued over a two-year period (2020-2021) and involved incorrect Social Security numbers.
  2. Loans to Centenarians:

    • The SBA also issued over 3,000 loans totaling $333 million to borrowers aged 115 or older.
    • One notable case involved a 157-year-old individual receiving $36,000 in loans.
  3. Fraud Investigation and Accountability:

    • DOGE is working with the SBA to address these fraudulent loans and ensure accountability.
    • The agency aims to uncover the true recipients of the funds and prosecute those involved in the fraud.
  4. Political and Immigration Issues:

    • We discuss the arrest of a Syrian radical in New York and the Trump administration's stance on deporting individuals who incite violence or support terrorist organizations.
    • The Trump administration has repurposed the CBP One app into a self-deportation app, encouraging illegal immigrants to voluntarily leave the country.

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