Protecting your Small Business from CSBF Loan fraud and legal pitfalls
Introduction Background: The CSBFL Loan and the Fraud In this case, Rejuv Medical and its director secured a $350,000 CSBFL loan, along with other credit facilities, by claiming the funds would be used to buy medical equipment for their clinic. However, the business never purchased the equipment, and the supporting invoice was fabricated. The funds were […]