The amount represents 3% of the $3.4 trillion dispersed for COVID relief.
Nearly $100 billion at minimum has been stolen from COVID-19 relief programs set up to help businesses and people who lost their jobs due to the pandemic, the U.S. Secret Service said Tuesday.
Most of that figure comes from unemployment fraud. The Labor Department reported about $87 billion in unemployment benefits could have been paid improperly, with a significant portion attributable to fraud. The Justice Department said last week that its fraud section had prosecuted over 150 defendants in more than 95 criminal cases and had seized over $75 million in cash proceeds derived from fraudulently obtained Paycheck Protection Program funds, as well as numerous real estate properties and luxury items purchased with the proceeds.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Secret Service: Nearly $100B stolen in pandemic relief funds | AP NewsNearly $100 billion at minimum has been stolen from COVID-19 relief programs set up to help businesses and people who lost their jobs due to the pandemic, the U.S. Secret Service said Tuesday. The estimate is based on Secret Service cases and data from the Labor Department and the Small Business Administration, said Roy Dotson, the agency's national pandemic fraud recovery coordinator, in an interview.
Weiterlesen »
Behind a New Pill to Treat Covid: A Husband-and-Wife Team and a HunchIn early 2020, a husband and wife team took a chance on a drug that had never been tested in humans. It became a pill for Covid. “We thought this should be done even if there were risks.”
Weiterlesen »
Baby Food Startup Yumi Notches $67 Million In Funding From Jazz Ventures Partners And Anne Wojcicki, Among OthersBaby food startup Yumi lands $67 million in Series B funding to expand its product offerings amid high growth during the pandemic.
Weiterlesen »
Mackenzie Davis on ‘Station Eleven,’ ‘Terminator: Dark Fate’ and Furiosa DreamsMackenzie Davis says she would have loved to play Furiosa in George Miller's upcoming film: “I was just like, ‘Agh, I would love to do that.’ And then it was obviously cast with Anya Taylor-Joy, who is unbelievable, but I definitely was like, ‘NOOO!’”
Weiterlesen »
I live in a zero-covid worldMany foreigners living in Beijing have gone for more than 18 months without seeing their spouse or children. DSORennie is one of them
Weiterlesen »
Welsh budget: Climate change a priority says Rebecca EvansTories say pandemic recovery should be the priority as Rebecca Evans prepares to deliver budget.
Weiterlesen »