Nearly 100 billion in Covid relief Stolen

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Criminals have stolen nearly $100 billion in Covid relief funds, Secret Service says

KEY POINTS

Criminals have stolen close to $100 billion in pandemic relief funds, the U.S. Secret Service said Tuesday.

The stolen funds were diverted by fraudsters from the Small Business Administration’s Paycheck Protection Program, the Economic Injury Disaster Loan program and a another program.

The government has shelled out about $3.5 trillion in Covid relief money since early 2020, when the pandemic began.

https://www.cnbc.com/2021/12/21/cri...ion-in-covid-relief-funds-secret-service.html

 

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