![]() ![]() I think some of that was increased by the generous referral programs being offered by companies like Womply. There's been a feeding frenzy of sorts, with a lot of people looking at the PPP as free money. I say this from my observations in driver forums and Facebook groups. However, I think the problem goes beyond that. ![]() I think it took some time, but scammers eventually figured out they could do the same thing with the PPP Program. That opened the door to large scale identity theft and fraudulent unemployment claims. The system was so overwhelmed with applicants, it was like all they could do was just approve applicants. It's already been a huge problem with unemployment. If it's easier to get the money, it's easier to commit fraud. They tried to streamline the process and speed things up.īut here's the thing when you streamline things like this. They didn't want the process to get bogged down too much. The thing is, Congress wanted to get money out to people who need it as quickly as possible. The CARES Act, in response to the pandemic, created the Paycheck Protection Program as a means to help small businesses (including sole proprietors) keep paying its people when the economy ground to a halt during the shutdowns. I think the problem here is, the US Government is a victim of their own desire to quickly get ppp funds in the hands of people who really need it. ![]()
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