TVirginia Radio, which paid millions of dollars for the spread of Chinese Communist Party propaganda, has been asked by its supervisor to investigate a small business after receiving more than $ 100,000 in payment checks.
Potomak Radio Group, which registered this month under the Foreign Agents Registration Act for China-led China Global Television Network, received a $ 106,228 loan from SBS in April 2020, and the US government pardoned the loan eight months later. . A source familiar with the matter said. Washington Detective SBA fraudsters review the loan after pardoning it and also submit it to the SBA’s Inspector General to investigate the dispute.
Potomak owns WCRW AM 1190, which is available in Virginia, Maryland and Washington, DC.
“SBA does not comment on individual borrowers. SBA takes fraud seriously, and all applicants are required to submit certificates of eligibility on the application, said SBA Public Affairs Officer Shannon Gills. Washington Detective. “Disqualification is illegal, and when necessary, these cases will be referred to the Office of the Inspector General. The Office of the Inspector General and the Federal Partnership Agency are working diligently to address fraud.
Potomaak co-owner Brian Lane told him. Washington Detective“We do not comment on potential or future government communications issues,” but “we believe we have fully implemented the rules and procedures.”
SPLA Assistant Inspector Sheldon Shoemaker b Washington Detective “It is OIG’s job to deny or deny investigative activity.
DC Radio Station Broadcast CCP Propaganda
When Congress passed the Financial Supervision Aid Act in December 2020, it added stricter credit eligibility requirements. The S21 Act, 2021, prohibits many additional categories of borrowers from receiving second-hand PPP loans. People’s Republic of China “as well as” anyone wishing to submit a registration statement “by FARA.
A source such as Potomak is now considered unfit for PPP loans because it is considered a lobbyist.
Horizon Advisory Strategy Consulting According to a report released in August 2020, between 192 million and $ 419 million in PPPP loans have been disbursed to more than 125 Chinese-owned companies and at least 32 Chinese companies have received valuable loans. Over $ 1 million in total, between $ 85 million and $ 180 million. Since then, those numbers have undoubtedly increased.
“CCP considers COVID-19 recovery as a competitive interaction,” the study authors wrote. Ways to protect, US tax dollars for aid, recovery and US economic growth – and especially for small businesses – are at risk of supporting foreign competitors, namely China.
In March 2021, Republican Senator Marco Rubio introduced a law to prevent SBA aid from going to China in a bid to prevent further SBA aid from reaching Chinese bodies.
“American businesses are no strangers to the broad strategies that Chinese companies use to compete with their rivals,” said the Florida Republican. “One of the worst things that can happen to us is the use of taxpayer-sponsored SBA programs designed to grow our small businesses.
The Potomak WRRW Bridge Podcast was launched in August 2020, co-produced by Chicago-based John St Augustine and CRI’s ዡ Heang. Parts of the podcast praised St. Augustine’s and China’s response to the Corona virus outbreak, but St. Augustine repeatedly attacked the United States and the United States, saying he did not care where Covidy-19 came from.
Under pressure from Trump’s Department of Justice, CGTN was registered as China’s foreign representative in 2019. The Trump State Department named CGTN and CRI China’s “Foreign Missions” by 2020.
Potomak acquired WUST and WCRW in 2019, WUST broadcasts religious Spanish content and the WCRW Broadcast CRI program for years.
“We have applied for loans for both our sites. Spanish pastors had difficulty guarding their churches during Kovid and could not come to the studios to perform their performances, ”said Lane. Washington Detective, “We did not apply for a second round of PPP loan after WUST was sold,” he said.
Potomak’s FARA records show that before the April 2020 loan, $ 527,627 in CGTN in July 2019, $ 804,119 in August 2019, and $ 259,872 in September 2019, and since then CCP.
“We have completed some work with them and we are currently reviewing our options, including the sale of the site,” Lane said.
FARA’s presentation to Potomak is the CGTN’s “External Principal”, which is controlled by the CCP Advertising Unit.
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Potomak said it bought the station in January 2019 and “continues to distribute programming materials for CGTN.”
“We are not agents of the CCP,” Lane said. “Former owners were not required to register with the Department of Justice in 2015 … but the DOJ’s views have improved since then … although we continue to believe we do not need to register, we do.”
Dodge spokesman Wyn Hornbuckle told him Washington Detective The Department of Justice “does not confirm or deny the existence of an ongoing investigation.”