On Thursday, the U.S. Senate Committee on Small Business and Entrepreneurship advanced a bill led by U.S. Senators Todd Young (R-Ind.) and Joni Ernst (R-Iowa) to crack down on fraudsters.
The Assisting Small Businesses Not Fraudsters Act would prevent criminals convicted of defrauding the Small Business Administration (SBA) from receiving future assistance from the agency.
"Covid-era programs meant to support small businesses were repeatedly taken advantage of by fraudsters, depriving businesses of much-needed relief. I'm leading this effort to ensure that those convicted of defrauding the SBA will no longer be able to access future financial assistance from taxpayers," said Senator Young.
“After the previous administration failed to pursue pandemic fraud, we are making up for lost time by holding criminals accountable,” said Senator Ernst.
The bill now heads to the full Senate for consideration.
Crawfordsville’s Ben-Hur Building earns Indiana’s top restoration honor
HIP work requirements pre-screening tool now available
Parke County health officials urge action if experiencing measles symptoms
Trail re-opened at Turkey Run following storm damage, repair
Shipment of counterfeit watches stopped by Indianapolis CBP
Stellar Pathways program accepting applicants
Southwest Parke Community School Corporation ready for school year
Rosedale man arrested on child sex crimes charges
Vermillion County Commissioners meeting halted before big topic
Rockville woman injured in Monday rollover crash
United Way of the Wabash Valley creates grant to support kindergarten readiness
IDEM announces grants to improve local waste management
48 hours until the Indiana State Fair opens
New Office of Cybersecurity established in Indiana
