You're correct - the legislation had fraud baked into it since it didn't have any provisions for oversight other than delegating that to a specific office (and

You're correct - the legislation had fraud baked into it since it didn't have any provisions for oversight other than delegating that to a specific office (and the Sec. Treasury at the time - Trump admin appointee Steven Mnuchin - didn't do any oversight). It was entirely a corrupt endeavor and everyone knew it. The subsequent write-offs of the loans was also predictable.