Editorial: Hawaii embezzlement case reveals cracks in SBA program

On June 27, 2023, federal agents raided the offices of the Hawaii Native Corporation (HNC) and its several subsidiaries, seizing documents. The feds’ investigation ultimately alleged that HNC’s founder, Chris Dawson, diverted $17 million from contracts awarded to HNC under a federal program that prioritizes contracts with native-owned companies that benefit their communities.

See the original article at: Honolulu Star-Advertiser