PPP Carding: Everything You Need to Know

While millions of individuals were losing their jobs as a result of the Covid-19 outbreak, the American government responded by providing billions of dollars in assistance. Con artists and fraudsters, on the other hand, will seek to exploit any situation in which significant sums of money are flowing around. PPP loan fraud is a relatively new scam that you are almost certainly already aware of.

According to multiple accounts, the PPP loan fraud may be the largest in history, with fraudsters plundering more than $100 billion. But what exactly does the term “PPP loan fraud” mean? To comprehend this, we must first comprehend the PPP lending system.



The Paycheck Protection Program

The Paycheck Protection Program (PPP), a federal program, was established by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The goal was to provide help to businesses so that they could continue to employ their employees.

The PPP was a lifeline for business owners who were scared of having to lay off their hardworking staff, depriving them of income and health insurance in the middle of a pandemic. It continued intermittently from April 2020 until May 2021.

Companies were eligible to apply to the federal government for PPP loans through their local commercial banks, up to a maximum of $10 million. However, they had to meet a number of standards in order to be qualified.

Even after getting a PPP loan, a business must remain adhere to the loan’s tight restrictions and prohibitions on how the money can be spent. The PPP funds are likely to be utilized to cover operational and personnel expenditures. If spending exceeds these limits, the FBI, IRS, or Department of Justice may become involved.


How To Work The PPP System

The PPP system is a bit tough to navigate because everyone must apply with information about themselves and their firms, as well as documentation to back up their claims. Many individuals have done it and gotten away with it, so there’s no reason you can’t, too. It’s just like any other carding procedure, but with a twist. Here are the actions you need to take to go inside.

Get on the Darknet

This is unavoidable. You must first connect to the darknet and learn how to use Tor. Download it and practice navigating with it. There are many internet guides regarding this, so if you’re new or doing something for the first time, you’ll have plenty of resources. But don’t be afraid if you’re new. If you know what you’re doing, the darknet is safe. It provides greater anonymity than you would find anywhere on the internet.

Buy Fullz

You must first obtain these details before entering them into a PPP application. Fullz is what it is. It is a term that refers to a complete collection of ID information, including first and last names, relevant documents to validate the identification, and a credit card number. It should be noted that the CC is regarded optional, however it is always preferable to have it on hand.

Get your hands on credit info

Continuing from the preceding point, this is where the credit card information comes into play. Credit institutions, you see, don’t appreciate being duped. We realize this is surprising. They have safeguards in place to protect them against scams, such as credit scores. You may avoid this by ensuring that the credit card information you purchase with your fullz has a high credit score. Pay it off with any old credit card you have lying around and avoid spending money out of your own pocket.

Protect your IP and get it validated

You’re in luck if you’ve never done anything like this before. Your IP address is unlikely to be watched or marked as suspicious. However, for individuals who have previously blown their IP, a Socks5 investment is a must. Socks5 allows you to purchase a legitimate IP address that will seem as yours throughout screens and searches. If you buy them from Socks5, they will largely be from the United Kingdom, but there are other similar sources you can utilize.

Get a bank account

Because the PPP is essentially a loan, it will be paid immediately into the applicant’s bank account. You are not interested in using your personal bank account. So you go to the darknet and open a temporary bank account. These are simple to obtain, but please make them appear as legitimate as possible. It may cost a little extra, but getting one that includes a debit or credit card as well as an IBAN number is always worthwhile. After all, you always want to look the part.

Get a verified phone number

Other security measures are in place, so this is not the end of the road. Two-factor authentication, sometimes known as 2FA, is one of the most common. This is essentially a means to ensure that you are who you say you are. For example, if you check in anywhere using your email address, they will send you a code on another device—usually your phone—that you must verify in order to gain access.

Do it here. Obtain a confirmed phone number for your burner from any of the services that provide this service. You don’t even need to search the darknet; the Play Store or App Store will provide you with plenty of possibilities.


Use photoshop to validate the ID

Normally, this would be sufficient, but the PPP goes above and above. You will be required to give documents to back up what you have provided at the end of the application, after you have filled in all possible detail they could have asked for. This is why you should practice your Photoshop skills. You can also use an internet provider to have the documents you require created for you.

Cashing out with crypto

Because you’re requesting for a loan, the accepted amount will be sent directly into the bank account you’ve specified. Then, send the money to a cryptocurrency exchange and cash it out in Bitcoin or whatever cryptocurrency you like. The anonymity of cryptocurrency is ideal for getting the money into your hands without generating suspicion.

After you’ve completed all of this, you may fill out that application without hesitation! With the money in your hands, you can do whatever you want with it, but be cautious! You don’t want to be discovered! We’ll go over what might happen if you do get caught, as others have.


Be Aware of the Risk You Run

Accepting a false PPP loan constitutes fraud against the United States Federal Government and the Treasury Department. You can be certain that they are not taking these transgressions lightly.

The United States federal government has taken aggressive action against many examples of pandemic fraud that targeted assistance programs such as the PPP and Unemployment Insurance (UI) Programs.

As of March 26, 2021, the Department of Justice has made the following information public:


  • Four hundred seventy-four defendants have been charged with criminal offenses as a result of fraudulent schemes that attempted to obtain over $569 million from the United States government and individuals who were not paying attention.
  • In connection with a PPP fraud scheme that was worth $11 million, additional charges have been brought against 22 individuals.
  • A man, age 46, was given a sentence of two years in prison for participating in a Covid-19 relief fraud scheme.
  • A man from Texas pled guilty to the charge of obtaining more than $1.6 million in government-guaranteed loans, according to reports.

In conjunction with fraudulent PPP lending schemes, even well-known celebrities have been investigated and occasionally charged with misconduct. Famous people on this list include Kanye West (for his clothing and sneaker company, Yeezy), Reese Witherspoon, and others (for her clothing brand, Draper James).

Although these celebrities have not been proven to have committed fraud in connection with their PPP loans, others have.

Mo Fayne, a rapper who previously appeared on Love & Hip Hop: Atlanta, was sentenced to 17.5 years in jail and ordered to pay $4.4 million in restitution. Josh Bellamy, an NFL athlete, was arrested for his suspected role in a PPP fraud scam in which persons sought for loans totaling more than $24 million.


A Few Words in Closing

It takes a lot of skill to defraud the US government. Take all necessary care because this will warrant everything and more. People are still being arrested and penalized for witchcraft in 2022. Don’t make any rash purchases—the sudden purchase of Lamborghinis, Ferraris, and Teslas is how individuals get caught—so once you get the money, keep your head down.

Above all, exercise caution in your approach. Make certain that the documents you submit are flawless and as authentic as possible. Take your time and don’t rush through things. Even today, the PPP carding scam is worthwhile, and you will want to take advantage of every opportunity.