Congress approved about $4.6 trillion in spending from six coronavirus relief laws, beginning in March 2020 when Donald Trump was president, but thousands have pleaded guilty to fraud.
Congress approved about $4.6 trillion in spending from six coronavirus relief laws, beginning in March 2020 when Donald Trump was president.
The Government Accountability Office is expected to tell the committee that the number of cases of suspected fraud is certain to grow in the coming months. For example, the inspector general for the Small Business Administration has more than 500 ongoing investigations involving loan programs designed to help businesses meet operating expenses during the pandemic. The inspector general for the Labor Department continues to open at least 100 unemployment insurance fraud investigations each week.
“We must identify where this money went, how much ended up in the hands of fraudsters or ineligible participants, and what should be done to ensure it never happens again,” Comer said.
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