Small Business Loan Fraud

Witnesses testified about alleged small business loan fraud. Small Business Administration officials were questioned about oversight… read more

Witnesses testified about alleged small business loan fraud. Small Business Administration officials were questioned about oversight activities. The chief executive officer of Business Loan Express and others testified about fraud allegations, as well as business relationships with Small Business Administration.

In January, 18 employees and a former vice president of the Troy, Michigan branch of Business Loan Express (BLX) were charged with fraud for allegedly making more than $76 million in fraudulent loans to unqualified borrowers. close

*The transcript for this program was compiled from uncorrected Closed Captioning.

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Small Business Loan Fraud

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Program ID:
202286-1
Category:
Senate Committee
Format:
Senate Committee
Location:
Washington, District of Columbia, United States
First Aired:
Nov 13, 2007
Last Aired:
Nov 21, 2007

Airing Details

  • Nov 13, 2007 | 10:32am EST | C-SPAN 3
  • Nov 14, 2007 | 4:18am EST | C-SPAN 2
  • Nov 14, 2007 | 3:56pm EST | C-SPAN 3
  • Nov 21, 2007 | 1:41pm EST | C-SPAN 2
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