Hundreds of PPP loans went to fake farms in absurd places

Hundreds of PPP loans went to fake farms in absurd places
Longship Township: Lots of fudge shops and miniature golf courses on this barrier reef island, but don't expect to find a single cow. (Image: VisitNJ.org)

[Ed. – Fraud has been rampant in this program, but don’t expect Biden to have a clue, much less do anything about it.]

The shoreline communities of Ocean County, New Jersey, are a summertime getaway for throngs of urbanites, lined with vacation homes and ice cream parlors. Not exactly pastoral — which is odd, considering dozens of Paycheck Protection Program loans to supposed farms that flowed into the beach towns last year.

As the first round of the federal government’s relief program for small businesses wound down last summer, “Ritter Wheat Club” and “Deely Nuts,” ostensibly a wheat farm and a tree nut farm, each got $20,833, the maximum amount available for sole proprietorships. … One entity categorized as a cattle ranch, “Beefy King,” was registered in PPP records to the home address of Joe Mancini, the mayor of Long Beach Township.

“There’s no farming here: We’re a sandbar, for Christ’s sake,” said Mancini, reached by telephone. Mancini said that he had no cows at his home, just three dogs.

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