Trump and Elon Musk’s D.O.G.E find $333M in federal loans to 110+ year olds

[rangerrebew]

Trump and Elon Musk’s D.O.G.E find $333M in federal loans to 110+ year olds
 
The Small Business Administration (SBA) approved 3,095 loans, totaling $333 million, for borrowers listed as 115 years or older in the Social Security database between 2020 and 2021, according to a post on Elon Musk’s D.O.G.E’s official X account account today.

One of them, officially 157 years old, received $36,000. The Department of Government Efficiency (D.O.G.E) called the records part of a massive federal scam.
 
In the same period, the SBA granted 5,593 loans, worth $312 million, to businesses owned by children aged 11 or younger. While some legal business arrangements could make this possible, all 5,593 cases had one thing in common—each loan application used a Social Security number (SSN) that did not match the name on file.

https://www.msn.com/en-us/money/personalfinance/trump-and-elon-musk-s-d-o-g-e-find-333m-in-federal-loans-to-110-year-olds/ar-AA1Az38h?ocid=msedgdhp&pc=HCTS&cvid=aeeccfe91bda4ee6b342a5f7094de8c1&ei=95

[Smokin Joe]

Just Damn...
Major 'senior' bennies, there.
I wonder whose 'kids' got that?

[bilo]

So if I'm reading this correctly, they found loans totaling $642,000,000 that were to people who's names didn't match the social security number and the age of the person was more than a little suspect.

I wonder how much more we will find with social security and medicaid.

I bet the next thing we are going to find out is the recipients of these loans are not in the country.

[libertybele]

So if I'm reading this correctly, they found loans totaling $642,000,000 that were to people who's names didn't match the social security number and the age of the person was more than a little suspect.

I wonder how much more we will find with social security and medicaid.

I bet the next thing we are going to find out is the recipients of these loans are not in the country.

That's definitely a real possibility.