Santa Barbara Current

Santa Barbara Current

Legal Perspective

Small Businesses, Large Fraud at the SBA

by Brent E. Zepke, Esq,

Apr 03, 2025
∙ Paid

This is the story of the Small Business Administration’s (SBA) large fraud.

A fraud that involved SBA employees using those still in baby cribs as well as those in cemeteries, to mask their distribution of hundreds of millions of dollars.

The structure for the SBA was created when Congress passed, and President Herbert Hoover in 1932 signed the Reconstruc…

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