SBA Suspends 7,000 Minnesota Borrowers Over “Suspected Fraudulent Activity”
2nd January 2026
Small Business Administration Administrator Kelly Loeffler announced late Thursday that nearly 7,000 Minnesota borrowers have been suspended over suspected fraud. The move follows a bombshell report last week by citizen journalist Nick Shirley, who detailed alleged large-scale fraud tied to daycare centers operated by Somali-linked networks. The revelations sparked national outrage, with many Americans angered that their taxes are funding what appears to be industrial-scale migrant welfare fraud.
Oh, say it ain’t so….