Philadelphia, PA – CNN interviewed Ethan Smith on the Paycheck Protection Program implemented in response to the Covid-19 pandemic. Ethan gave his insight on fraud committed in the PPP program as exemplified by an alleged scammer who was granted at least six Covid-19 bailout loans from the federal government. “There was no way to put the controls in to ferret out [fraudsters] without punishing people who weren’t committing fraud…At a certain point, it was an emergency. It wasn’t the perfect solution, but it was the best solution we could come up with at the time,” says Ethan.
Click here to access the full CNN interview.