SBA Inspector General Tells Sen. Kerry There Are Few Instances of Size Fraud

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SBA Inspector General Tells Sen. Kerry There Are Few Instances of Size Fraud

Minority Business Insider
March 1, 2005

The inspector general of the Small Business Admin. assures Sen. John Kerry (D-MA) he has found "very few instances where a large company falsely certified it was small." But a regulation, proposed nearly two years ago to make it easier to catch any fraud languishes at SBA.

IG Harold Damelin made his comments to Kerry, ranking member of the Small Business Committee, in response to a letter raising questions by the extent of size-stand fraud inspired by a report done for the Office of Advocacy which found nearly 40 companies among the 1,000 top small business contracts were actually large (MBI, 05/2p2)


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