August 14, 2025

Federal prosecutors

Loans

SBA employee admits approving loans for self, family

The Brief 45-year-old Rena Barrett of Covington admitted to making false statements on loans worth more than $550,000. Barret worked for the Small Business Administration but resigned after her fraud was discovered, prosecutors said. Officials said Barrett ultimately received about half of the $550,000 she sought. ATLANTA – A Small Business Administration employee pleaded guilty

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