Advertisement

Author Topic: We don't need COVID relief fund so we usually try to help the little guys first  (Read 762 times)

0 Members and 1 Guest are viewing this topic.

Offline theking

  • Elite Poster
  • *****
  • Posts: 69771
  • Respect: +1410
    • View Profile
..because the small mom and pop shops, Kickstarter and Start-up businesses need help the most on average during this pandemic. My wife lies Dunkin but we've buying donuts from the small mom and pop shops exclusively in the last several months. Unlike the big guys like Walmart, Amazon, etc., these little guys don't have much wiggle room so we think of them first. We helped this Kickstarter business recently..ever y little bit can help the little guys  O0:







"Greed is the root of all evil"



Like this post: 0

Adverstisement

Offline theking

  • Elite Poster
  • *****
  • Posts: 69771
  • Respect: +1410
    • View Profile
I'm thankful and feel bless to be financially stable after working diligently and earning an honest pay over the years considering my background coming from Laos to the projects of America in my younger years.. O0



Like this post: 0

Offline theking

  • Elite Poster
  • *****
  • Posts: 69771
  • Respect: +1410
    • View Profile
Many small businesses that qualify for PPP never got it because the funds ran out mainly due to the SHAMELESS SELFISH NASTY FRAUDs negative behaviors...so I will continue to help them as much as possible because when there's no room to wiggle, every little bit can still help.



Like this post: 0

Offline theking

  • Elite Poster
  • *****
  • Posts: 69771
  • Respect: +1410
    • View Profile
Sad:

"In Illinois, more than one-third of PPP funds, meant for small businesses, went to larger companies that got loans of $1M or more. Search the SBA list."

When the $659 billion Paycheck Protection Program launched in April, it was supposed to help small businesses survive a few months of disruption until the COVID-19 pandemic subsided.

Eight months later, the pandemic persists, small businesses are still hurting and the biggest beneficiaries of the forgivable PPP loans include publicly traded companies and larger enterprises that are far closer to Wall Street than Main Street.





Like this post: 0

Offline theking

  • Elite Poster
  • *****
  • Posts: 69771
  • Respect: +1410
    • View Profile
That's how it is with SHAMELESS SELFISH NASTY FRAUDs ..I mean if they have no problems going "underground" to steal from the poor or use and abuse their own mom by leeching off her, living in her basement, etc., why would they have any problems doing this too.. :idiot2::

Quote
"Spotting $62 Million in Alleged P.P.P. Fraud Was the Easy Part
Investigators have charged big spenders with cheating the Paycheck Protection Program for small businesses. But more fraud lies below the surface, and it’ll be harder to find."


The criminal complaints read like catalogs of luxury bling: a diamond-laden $52,000 Rolex, a gambling spree at the Bellagio, two Lamborghinis, a pair of Cadillac Escalades, a Rolls-Royce. All that and more, law enforcement officials said, was financed through schemes to defraud the federal government’s signature coronavirus relief program for small businesses.

The Justice Department has made at least 41 criminal complaints in federal court against nearly 60 people, who collectively took $62 million from the Paycheck Protection Program by using what law enforcement officials said were forged documents, stolen identities and false certifications .



« Last Edit: December 04, 2020, 11:17:35 PM by theking »

Like this post: 0

 

Advertisements