Tag: covid fraud

Over $250 billion swindled from US pandemic fund

Via RT

Over $250 billion swindled from US pandemic fund – report

More than $250 billion in Covid-19 relief funds were lost to “fraud” and “waste,” the directors of three US government agencies testified before the House Oversight and Accountability subcommittee on Thursday.

Compounding what Deputy Inspector General Sheldon Shoemaker of the Small Business Administration (SBA) called “the biggest fraud in a generation,” the officials stressed that the figures they gave represented an extremely conservative estimate of the total amount lost as they did not include the amount defrauded from the Pandemic Unemployment Assistance program.

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COVID DATA FRAUD

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Covid Fraud: A Staggering $600 Billion

Guest Post by James Bovard

COVID fraud is at this point a redundant phrase. Congress appropriated more than $5 trillion for COVID relief but almost $600 billion may have been lost to fraud — an astounding 12%. Washington’s pandemic pratfalls are the greatest federal boondoggle of this century.

Prosecutors are having a turkey shoot nailing COVID crooks: More than 1,500 have been indicted and almost 500 have been convicted. On September 14, the Justice Department announced the creation of three COVID-19 fraud strike force teams.

When President Biden recently signed a law to extend the time to prosecute COVID fraud, he declared, “My message to those cheats out there is this: You can’t hide. We’re going to find you.” But the sheer amount of fraud makes it unlikely that the vast majority of thieves will be charged.

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