Whistleblowers who provide credible information about those who defrauded federal pandemic relief programs could receive up to $30,000 if criminal charges are filed against the alleged fraudster.
The U.S. Small Business Administration, which oversaw the Paycheck Protection Program, COVID-19 Economic Injury Disaster loans and other relief, has stepped up efforts to recover more than $200 billion in stolen aid.
SBA is part of the new Fraud Whistleblower Incentive Program from the Department of Justice. The program offers cash rewards of between $10,000 and $30,000 for reliable tips that lead to indictment, plus additional payments after the alleged fraudster is convicted and sentenced.
Individuals, businesses and lenders “who know about fraud now have a direct, secure way to report it and help bring bad actors to justice,” said Matt Coleman, head of SBA’s Atlantic Region, which includes…
Verify any request for money or sensitive data by hanging up and calling the organization back using a verified number found on their official website or the back of your physical bank card.