Secret Service Reports Crime Of “Close To $100 Billion” – Taxpayer Relief Funds Have Been Plundered By Criminals

   < < Go Back
from Patriot Journal,

From CNBC:

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 another program set up to dole out unemployment assistance funds nationwide.

More than $2.3 billion in stolen funds have been recovered so far, resulting in the arrest of more than 100 suspects who span the spectrum from individuals to organized groups.

Yes, you read that right. Criminals stole nearly $100 billion from the federal government’s relief efforts connected to the pandemic.

More From Patriot Journal: