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  The Society for Consumer Advocates and Mavens

News You Can Use!

SMALL BUSINESS ADMINISTRATION CROOKS

The U.S. government lends taxpayer dollars to criminals as part of a federal program! It seems most anyone can apply and receive large sums of cash costing taxpayers millions of dollars yearly!

As usual there seems to be too little accountability in how and where tax dollars are spent. When you fill out the application form for one of these government loans to supposedly assist you in starting up a small business there is a "box" on the form to check-off if you have ever been convicted of a crime.

Even if you have a criminal record and you check the box as if you have no criminal record no one in government may even check it out to see if you are telling the truth! The whole background-check process seems too often to possibly be based on the honor system and criminals everywhere are applying for small business government loans then simply walking away with hundreds of thousands of dollars "each" without ever even attempting or intending to set up and start a small business!

SUPPLEMENTAL SOURCE: NBC-TV NEWS 10/1/97

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