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Gaming Disbursements, Fitness Studios, Georgia’s Reopening Top This Week’s News

PYMNTS

Two Men Charged In First US Case Of PPP Stimulus Fraud. Department of Justice said that two individuals were charged in Rhode Island with fraudulently pursuing loans through the PPP. The Trump administration said on Sunday (May 3) per reports that 2.2 million small business loans have been issued with an average size of $79,000.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

And then there were some uncommon and more dramatic causes of failure, including: Financial fraud. Meanwhile, it floated other plans, like starting a print catalogue and delivering for local retailers. But then they discovered that other retailers had their own deliverymen. A most-wanted founder. via Forbes. Company: eToys.

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