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How billions in U.S. COVID-19 relief aid was stolen or wasted --AP analysis
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Mon, 2023-06-12 09:40 — mike kraft
The Great Grift: How billions in COVID-19 relief aid was stolen or wasted An Associated Press analysis found that fraudsters potentially stole more than $280 billion in COVID-19 relief funding; another $123 billion was wasted or misspent. Combined, the loss represents 10% of the $4.2 trillion the U.S. government has disbursed in COVID relief aid AP NEWS
WASHINGTON (AP) — Much of the theft was brazen, even simple.
Fraudsters used the Social Security numbers of dead people and federal prisoners to get unemployment checks. Cheaters collected those benefits in multiple states. And federal loan applicants weren’t cross-checked against a Treasury Department database that would have raised red flags about sketchy borrowers.
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