REPORT: Valley company facilitated fraud
Published Date: 12/2/2022
Source: ABC15 Arizona
A new congressional report alleges Valley company Blueacorn, co-founded by former Valley newscaster Stephanie Hockridge, facilitated fraud by processing PPP loans. The report concluded that Blueacorn took only minimal steps to prevent fraud in its facilitation of billions of dollars in PPP loans while abusing the program to enrich its owners.
More on the report: https://www.abc15.com/news/state/scottsdale-based-blueacorn-ppp-facilitated-fraud-per-newly-released-congressional-report
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