Reports
Search for reports and investigative results.
Showing 21 - 30 of 562 results
Small Business Administration OIG
SBA’s Collection Efforts on Delinquent COVID-19 EIDLs
The Office of Inspector General is issuing this audit report to determine the U.S. Small Business Administration’s (SBA) efforts to collect on delinquent Coronavirus Disease 2019 (COVID-19) Economic Injury Disaster Loans (EIDL) with collateral and personal guarantors. We found that SBA did not perfect its security interest on borrower deposit accounts, conduct post-default site visits, report all delinquent obligors to credit bureaus, or refer debts to the U.S. Department of Justice for litigation. We recommended SBA conduct a study to determine the minimum loan dollar thresholds for...
Federal Deposit Insurance Corporation OIG
DOJ Press Release: Sacramento Woman Sentenced to 4 Years in Prison for Benefit Fraud Scheme During Pandemic
Department of Labor OIG
COVID-19: ETA Needs to Improve Its Oversight of States' Efforts to Identify Multistate UI Fraud
As of September 2022, the OIG reported $45.6 billion in unemployment insurance fraud, primarily from multistate claimants ($29 billion). The DOL OIG initiated audits, focusing on the ETA's oversight of potentially fraudulent CARES Act UI claims. Regis identified that seven of ten state workforce agencies confirmed fraudulent claims but noted limited action from the ETA in monitoring investigations or ensuring effective fraud identification tools. Regis examined 181 claimants, finding $1.6 million in payments, with $404,288 confirmed as fraudulent (25% fraud rate). Regis offered three...
Consumer Product Safety Commission OIG
Results of Pandemic Relief Fraud Investigations at the CPSC
In June 2024, at our request, the Pandemic Response Accountability Committee (PRAC) found and provided us 36 matches for U.S. Consumer Product Safety Commission (CPSC) employees who were connected to federal government pandemic relief loans. Pursuant to the commitment of the Office of Inspector General (OIG) to fostering and promoting accountability and integrity in government, we undertook an investigation into the 36 matches to determine the appropriateness of these employees receiving pandemic relief loans. Specifically, we sought to detect fraud in these pandemic relief loans.
Small Business Administration OIG
SBA’s Oversight of Shuttered Venue Operators Grant Recipients
The Office of Inspector General (OIG) is issuing this report to present the results of our audit of SBA’s Oversight of Shuttered Venue Operators Grant (SVOG) Recipients. The SVOG program was established on December 27, 2020, as part of the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act. In total, Congress provided $16.25 billion for the U.S. Small Business Administration (SBA) to award grants to eligible businesses in the live arts and entertainment industry. As of October 2024, SBA identified $544 million in potential improper payments that need to be recovered. SBA...
Federal Deposit Insurance Corporation OIG
DOJ Press Release: Ponte Vedra Beach Man Pleads Guilty In Fraud Scheme Involving COVID-19 Personal Protective Equipment
Department of Commerce OIG
EDA Needs to Improve Oversight of CARES Act Revolving Loan Funds to Ensure Loans Are Made to Eligible Borrowers and Used as Intended
Our audit found that loan costs claimed by the RLF operators were not allowable, allocable, and reasonable. Specifically, we found that the four operators awarded 11 of the 19 loans (58 percent), totaling $4,020,050, to ineligible borrowers that did not meet the eligibility criteria in the operators’ respective RLF operational plan, and borrowers did not use the RLF funds for the purpose intended by the CARES Act. As a result, we are questioning $4,020,050 in loan funds. In addition, we found RLF operators with 20 percent or more loans that were delinquent, in default, or written off, and EDA...