DOGE Discovers Hundreds of Millions in Fraudulent Loans Given to Children And Impossibly Old Individuals

During the COVID pandemic, millions of taxpayer dollars were loaned to young children and impossibly old individuals, highlighting widespread government fraud and waste.

Key Facts:

DOGE identified 5,593 loans totaling $312 million given to borrowers aged 11 and younger.
These questionable loans were issued by the Small Business Administration (SBA) in 2020 and 2021.
Another $333 million went to borrowers listed as over 115 years old, including one supposed 157-year-old who received $36,000.
DOGE terminated 162 unnecessary government contracts, saving approximately $90 million.
Elon Musk, who leads DOGE, is working with lawmakers to target up to $1 trillion in federal government waste.

The Rest of The Story:

The Department of Government Efficiency (DOGE), led by Elon Musk, revealed extensive fraud and waste in government loan programs during the COVID-19 pandemic.

DOGE found thousands of loans worth hundreds of millions of dollars went to suspicious recipients, including young children and impossibly elderly individuals.

The Small Business Administration, responsible for managing pandemic-related loans, approved these loans despite clear issues like mismatched Social Security numbers.

DOGE is now working alongside the SBA to address these serious discrepancies.

The agency also canceled a $10.3 million Department of Agriculture contract that ironically was intended to spot unnecessary spending.

These findings come as Musk meets with lawmakers to further uncover and eliminate wasteful spending.

🚨 🇺🇸 DOGE FINDS $312M IN COVID LOANS WENT TO ELEVEN-YEAR-OLDS

Trump's Department of Government Efficiency exposed 5,593 SBA loans granted to "business owners" who were 11 years old or younger during 2020-2021.

The kicker? All these suspicious loans used Social Security numbers… https://t.co/i4xdYKgPT8 pic.twitter.com/WeHtZE87jx

— Mario Nawfal (@MarioNawfal) March 9, 2025

Commentary:

This incident is yet another troubling reminder of how carelessly taxpayer money has been managed.

Handing out $312 million in COVID relief loans to kids younger than 12 is not just absurd—it’s a clear sign of serious systemic failures within the federal bureaucracy.

Every taxpayer should demand accountability, because it’s their money that was squandered.

Beyond simple mistakes, these cases represent criminal fraud.

Anyone involved in intentionally obtaining these loans should face swift prosecution.

Law enforcement must vigorously investigate each case, holding fraudsters accountable to the fullest extent of the law.

There can be no tolerance for those who exploit emergencies to steal taxpayer funds.

Equally important is addressing the government officials who allowed these errors to happen in the first place.

Terminating a handful of contracts is just the start.

Immediate dismissal should be mandatory for those responsible, to send a clear message that incompetence and neglect will no longer be tolerated.

This disaster highlights why DOGE has become necessary.

Previous attempts to rein in government spending have failed, largely due to entrenched bureaucrats who benefit from a lack of transparency and accountability.

Elon Musk’s aggressive pursuit of waste and fraud is overdue, demonstrating precisely the kind of tough oversight needed to safeguard taxpayer dollars.

If Musk and DOGE are able to root out even a fraction of the estimated trillion dollars in waste, it would prove a monumental win for American taxpayers.

However, it remains to be seen if political leaders in Washington will support this drive toward real accountability or continue to defend a broken system.

Ultimately, citizens must demand action and refuse to accept excuses.

The Bottom Line:

Millions of taxpayer dollars were carelessly handed out to children and improbable elderly loan recipients during the COVID-19 pandemic.

This exposes deep failures and corruption in government spending, highlighting the urgent need for reform and accountability.

Elon Musk and DOGE’s actions are vital—but only the beginning of the fight against widespread government waste.