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An online lending platform called Kabbage sent 378 pandemic loans worth $7 million to fake companies (mostly farms) with names like “Deely Nuts” and “Beefy King.”

The Small Business Administration had to quickly disburse coronavirus relief loans. But some of that may have been handed out to fraudsters, an agency report says.

Prosecutors say those charged attempted to steal more than $175 million from the Paycheck Protection Program, which is meant to provide relief to small businesses impacted by the pandemic.

Not-so-small companies like Shake Shack and organizations like the LA Lakers were able to get loans that were meant for suffering small businesses. What happened?