President Joe Biden is set to sign two bills to assist prosecutors' crackdown on pandemic relief frauds. abc15
President Joe Biden signed a pair of bills to assist prosecutors' crackdown on pandemic relief frauds.
The bills will extend the statute of limitations for prosecuting cases of fraud against the government to 10 years. The law aims to give prosecutors more time to investigate potential crimes. Federal officials identified $78.1 billion in potentially fraudulent EIDL loans and grants that were given to ineligible entities, as well as $6.7 billion in loans and grants related to identity theft allegations.
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