Small Business Administration:

Inadequate Oversight of Capital Management Services, Inc.-an SSBIC

T-OSI-95-19: Published: Aug 7, 1995. Publicly Released: Aug 7, 1995.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

GAO discussed its investigation of a specialized small business investment company (SSBIC). GAO noted that: (1) the Small Business Adminstration's (SBA) oversight of the firm was inadequate; (2) the SSBIC director made questionable financing transactions with ineligible recipients or that violated SBA regulations; and (3) the director has been convicted of conspiracy to defraud SBA.

Jun 30, 2017

Jun 29, 2017

Jun 15, 2017

May 31, 2017

May 4, 2017

Apr 26, 2017

Apr 25, 2017

Mar 29, 2017

Mar 2, 2017

Looking for more? Browse all our products here