Defense contractor who gave to Susan Collins accused of defrauding her business loan program

Date
Publication
The Bangor Daily News

Lam was linked to a shadowy $150,000 donation to a pro-Collins super PAC, the Honolulu Civic Beat reported in February. It was the subject of a federal ethics complaint that month from the nonpartisan Campaign Legal Center, which cited evidence the company making the contribution had no legitimate income and was set up to hide the true donors. The Paycheck Protection Program, which was co-authored by Collins, has offered more than $660 billion in forgivable loans to small businesses, including more than $2.3 billion that went to 28,000 businesses in Maine, according to federal data.

Read the full article here.