• DOGE revealed $312 million in SBA loans were approved for businesses owned exclusively by children (some as young as 9 months old), with many linked to mismatched Social Security numbers, indicating systemic fraud.
• Over 5,500 loans went to minors, while $333 million was approved for borrowers listed as over 115 years old—highlighting blatant oversight failures.
• COVID-19 relief programs (PPP, EIDL) became targets for fraud, with criminals, foreign agents and even deceased individuals receiving funds, leading to over $70 billion in unrecoverable losses.
• Elon Musk’s DOGE is working to reclaim up to 1 trillion in wasted taxpayer money, canceling 90 million in nonessential contracts, but accountability remains lacking.
• The scale of fraud suggests systemic failure, prompting calls for prosecutions and reforms to prevent further misuse of public funds.

The American people were promised that COVID-19 relief funds would save small businesses, protect jobs and keep the economy afloat. Instead, billions were handed out with little oversight — and now, thanks to Elon Musk’s Department of Government Efficiency (DOGE), we’re learning just how brazen the theft really was.

In a bombshell revelation, DOGE uncovered that $312 million in Small Business Administration (SBA) loans were approved for businesses whose only listed owners were children aged 11 or younger — including a 9-month-old infant who somehow “qualified” for a $100,000 loan.

“That’s a very precocious baby!” Musk quipped in a post on X. But this is no laughing matter. This is outright fraud — and it’s a damning indictment of the reckless spending that defined the pandemic era.

The shocking details of the scam

According to DOGE’s investigation, 5,593 loans were approved for businesses owned exclusively by minors, with no adult oversight listed. Even more absurd? Many of these loans were tied to Social Security numbers with incorrect names, making it clear that this was not a case of legitimate child entrepreneurs.

“While it is possible to have business arrangements where this is legal, that is highly unlikely for these 5,593 loans, as they all also used an SSN with the incorrect name,” the agency stated.

This wasn’t just a bureaucratic error — it was systemic fraud, enabled by the government’s refusal to implement basic safeguards.

But the scandal doesn’t stop there.

DOGE also found that $333 million in loans were approved for borrowers listed as over 115 year sold — with one 57-year-old “businessowner” receiving $36,000.

“I know some people who are rather elderly but not quite that elderly,” former President Donald Trump remarked during a recent address, highlighting the absurdity of 3.47 million people mysteriously listed in the Social Security database as being between 120 and 129 years old.

A pattern of waste and corruption

This isn’t the first time pandemic relief programs have been exposed as a goldmine for fraudsters.

• PPP Loans (Paycheck Protection Program) and EIDL (Economic Injury Disaster Loans) were supposed to help struggling businesses. Instead, they became a free-for-all, with criminals, foreign agents and even dead people receiving taxpayer money.
• By the end of FY 2024, COVID-EIDL charge-offs had already exceeded $70 billion — money that will never be recovered.
• Meanwhile, DOGE has already canceled 162 nonessential federal contracts, saving $90 million, including one $10.3 million USDA contract ironically meant to “identify unnecessary contracts.”

The sheer scale of the theft is staggering. And yet, no one has been held accountable.

Will justice ever be served?

Elon Musk and DOGE are now working to claw back as much as $1 trillion in wasted taxpayer funds. But the real question is: Why wasn’t this fraud stopped in the first place?

“The executive DOGE team is confident, they think they can get $1 trillion,” a lawmaker familiar with Musk’s discussions told Fox News. “Now, we’ll see, right? And the thing is, he acknowledged that we’re going to make mistakes, but we’re going to correct them very quickly.”

That’s a start—but it’s not enough. Prosecutions must follow.

If a 9-month-old can get a six-figure loan, then the system wasn’t just broken — it was designed to fail. The American people deserve answers. They deserve justice. And most of all, they deserve a government that doesn’t treat their hard-earned tax dollars like a slush fund for criminals.

Sources include:

FoxNews.com

X.com

Debanked.com