“It's scary. The fact that they can start taking money from us. What are we going to do? It's the government.”
Dr. Richard and Donna Loew have been struggling to clear their names after the SBA informed them they owe nearly $100,000 of covid relief loans they say they never took out.A little over two years ago, Richard Loew and his wife Donna were settling into a relaxing, new stage of their life: retirement in Florida.
“It's scary,” Donna Loew told ABC News. “The fact that they can start taking money from us. What are we going to do? It's the government.” But people like the Loews have slipped through the cracks — a major part of the problem, they say, but not a focus of the solution.Michael Horowitz, chairman of the Pandemic Response Accountability Committee tells ABC News he expects the number of covid-related fraud claims to grow.
“What we're seeing is the victims are often struggling out there to deal with these problems that were created by others, that the agencies didn't do enough to protect their identities,” he said.“A decision was made at the outset of the pandemic. Speed was the key. We're going to send the money out. We're not going to vet people,” Horowitz said.
Ware noted that SBA faced unprecedented demand in 2020, processing the same amount of loans it had in the last 14 years in just 14 days. It also expanded its staff by 10 times. The SBA did eventually implement a reporting process for identity theft within their programs, setting up a central email address in February 2021 where people with claims could send a set of forms outlined at sba.gov/fraud, under a section called “Report identity theft to SBA.”
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