Elon Musk, the world’s most successful businessman and President Donald Trump’s top White House adviser, said this week that the Department of Government Efficiency (DOGE) has uncovered shocking cases of fraud within the federal government.
Musk made the remarks during a Monday meeting with the president and his cabinet secretaries.
“One case of fraud was with the Small Business Administration, where they were handing out loans—$330 million worth of loans—to people under the age of 11,” Musk said. “I think the youngest, Kelly, was a 9-month-old who got a $100,000 loan.”
“That’s a very precocious baby we’re talking about here,” Musk quipped.
SBA Administrator Kelly Loeffler followed up Musk’s remarks by saying, “We’re tackling the fraud, waste, and abuse at the agency.”
“We’ve seen, you know, hundreds of billions of dollars of fraud go unprosecuted, so…
