[Daily Wire] More than 1,000 firms that could get no-bid contracts from the federal government because they are owned by purportedly "disadvantaged" minorities have been banned from the program after they missed a deadline to turn over anti-fraud documents.The documents were requested by the Small Business Administration because of the frequency of "pass-through" scams where minority "fronts" get contracts, then have large or white-owned businesses do the work while keeping a cut.
The now-suspended firms received more than $5 billion in federal money in the last four years, SBA said, and make up a quarter of all contractors getting preference under the so-called "8(a)" law.
| Only a quarter? That’s not bad for the first pass... |
The Senate Committee on Small Business held a hearing on waste, fraud, and abuse tied to the 8(a) program, during which this reporter testified on the widespread fraud that exists around it.
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