Minneapolis Loan Fraud Crackdown and Weekend Community Events
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Minneapolis Loan Fraud Crackdown and Weekend Community Events
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We're starting with a major federal crackdown that's making national headlines. The U.S. Small Business Administration has suspended nearly sixty-nine hundred borrowers across Minnesota following one of the largest COVID-era loan fraud investigations in American history. Nearly four hundred million dollars in pandemic relief funds have been flagged as potentially fraudulent. SBA Administrator Kelly Loeffler announced this week that those involved will be banned from all SBA programs and referred to federal law enforcement. The agency has also frozen over five and a half million dollars in federal support to Minnesota resource partners. What makes this particularly significant is that at least two and a half million in pandemic loan funds were linked to a Somali fraud scheme based right here in Minneapolis. Thousands of these loans were approved despite red flags, raising serious questions about oversight during the pandemic. This comes as Minnesota Governor Tim Waltz faces intense scrutiny over billions of dollars in alleged social services fraud across the state. The governor released a statement this week outlining steps his administration has taken to fight fraud, including adding more checks and balances, hiring additional investigators and auditors, and working closely with law enforcement.
On the community side, there's plenty happening this weekend. The Walker Art Center is hosting its Free First Saturday Show and Tell event happening right now through today. Over at the Minnesota Historical Society, Holidays on the Hill continues through the weekend with activities both today and tomorrow afternoon. If you're looking ahead, the Museum of Russian Art is hosting Stories and Crafts in the Gallery on January seventeenth, a free family activity perfect for kids ages four through eight where families can hear a Russian story and create their own art project. For theater lovers, Celtic Throne Two Psalter of Ireland is coming to the State Theatre on January eighteenth, featuring traditional Celtic music and storytelling.
Meanwhile, the city is moving forward with civic improvements. Golden Valley Mayor Roslyn Harmon is highlighting progress on a civic center campus master plan. The city brought in Minneapolis-based Perkins and Will to lead the planning process, which kicks off this month and should wrap up by early fall. Mayor Harmon is inviting the public to a town hall event on January twenty-sixth at Brookview to share input on the project.
The Minneapolis American Indian Center continues serving the community with cultural programs, language classes in Dakota and Ojibwe, fitness initiatives, and the Gatherings Cafe serving Indigenous-inspired meals throughout the week.
Looking at your Saturday ahead, it's a good day to get out and enjoy community activities and cultural events happening throughout the Twin Cities.
This has been Minneapolis Local Pulse. Thank you for tuning in, and please subscribe for more local updates tomorrow. This has been a Quiet Please production. For more, check out quietplease dot ai.
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