ilmscore | Prediction Details
"And so what happened? Well, some businesses use the money for good. And some people said, "Well, I don't have a business, but I wonder if I can look up a registry of businesses and say, "Ooh, these are some businesses." And just start applying under these business names and say that I need the money. Billions and billions and billions of dollars were stolen."
By Minority Mindset | November 16, 2025 | Correct
From video
This Is the Once-in-a-Decade Opportunity to Build Wealth 00:25:24 - 00:25:41
Interpreted Prediction
Billions of dollars were stolen through fraudulent applications for PPP loans, with individuals claiming to represent non-existent businesses.
AI Evaluation Notes
Reports and investigations have confirmed widespread fraud in the PPP loan program, with billions of dollars stolen through fraudulent applications. Multiple sources indicate that individuals did apply for loans using non-existent businesses or misrepresented their businesses to obtain funds.

Prediction Details

Topic
PPP Loan Abuse

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