TECH

US House committee report details how fintech companies, like Blueacorn, allegedly disbursed billions in fraudulent PPP loans, while collecting billions in fees (Tony Romm/Washington Post)

Chloe M December 1, 2022
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Tony Romm / Washington Post:

US House committee report details how fintech companies, like Blueacorn, allegedly disbursed billions in fraudulent PPP loans, while collecting billions in fees  —  Little-known firms such as Blueacorn and Womply allegedly collected taxpayer-funded fees as they overlooked signs of grift …



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