What Happened to PPB Loans?

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"Loop hole is sort of too strong word in the sense that the programmed rules were so untargeted and so non-binding," he says. "If you went out and bought yourself a bright yellow Lamborghini and drove it around at super legal speeds around the highway, that would be illegal." He points to charter schools for profit schools or non-for-profit schools who continued to be paid for having their students during the pandemic.

As the coronavirus pandemic disrupted business in the US, the government sent billions of dollars to people and businesses that were affected. That led to an epidemic of financial scams.

This episode was produced by Jon Ehrens, fact-checked by Serena Solin and Tori Dominguez, engineered by Paul Robert Mounsey, and edited by Matt Collette and Noel King, who also hosted.

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