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China-Linked Firm Raked In $2 Billlion With Fraudulent PPP Loans

Writer's picture: Lone Star Truth InitiativeLone Star Truth Initiative

Womply, a Silicon Valley-based financial technology company, is alleged to have pulled in $2 billion in U.S. taxpayer dollars during the COVID-19 pandemic through defrauding the U.S. government by processing blatantly fraudulent Paycheck Protection Program (PPP) loans.

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