More than $569 million stolen during COVID-19 pandemic

By
Carol Duff, MSN, BA, RN
-
1
1129

Justice Dept. Has Charged 474 People With Trying to Steal More Than $569 Million in Covid-Related Fraud Schemes

by Matt Zapotosky/Washington Post

Health Editor’s Note: COVID related schemes have become big business. While the coronavirus has been devastating the health and well fare of our lives, it has also been an opportunity for the evil to steal money. Why am I not surprised?…Carol

The Justice Department has charged 474 people over the past year with trying to swipe more than $569 million by using criminal fraud schemes connected to theĀ coronavirus pandemicĀ and seized at least $580 million in civil proceedings, officials announced Friday, demonstrating how taxpayer-funded programs meant to ease the economic burden of the crisis have become susceptible to scammers.



The department said it has seen fraud attempts connected to several government aid programs. The Criminal Divisionā€™s Fraud Section, for example, has charged at least 120 people in connection with fraud of the Paycheck Protection Program, a taxpayer-subsidized loan program regulated by the Small Business Administration, which has long been of concern because of how program funds were disbursed with relatively little oversight.
The department said it had also seen immense fraud in connection with the Economic Injury Disaster Loans program, and, along with the Secret Service and U.S. attorneyā€™s office in Colorado, had seized $580 million of possibly stolen money from that program through administrative procedures. That money, authorities said, is separate from the funds explicitly tied to criminal charges.

ATTENTION READERS

We See The World From All Sides and Want YOU To Be Fully Informed
In fact, intentional disinformation is a disgraceful scourge in media today. So to assuage any possible errant incorrect information posted herein, we strongly encourage you to seek corroboration from other non-VT sources before forming an educated opinion.

About VT - Policies & Disclosures - Comment Policy
Due to the nature of uncensored content posted by VT's fully independent international writers, VT cannot guarantee absolute validity. All content is owned by the author exclusively. Expressed opinions are NOT necessarily the views of VT, other authors, affiliates, advertisers, sponsors, partners, or technicians. Some content may be satirical in nature.Ā All images are the full responsibility of the article author and NOT VT.

RELATED ARTICLESMORE FROM AUTHOR

1 COMMENT

  1. This is not counting the $6.13 trillion that the Feds gave the banksters and the big corpse back in March of last year to bail them out from the collapsing derivatives market. Like Gordon told us on June 3rd, “We are also told that [bioweapon] COVID 19, as VT reported in March, was deployed against China, then Italy, then France, then Iran and Spain and then the US as a ‘fund raiser.'” That “fund raiser” was most likely why the USA was so pitifully unprepared for a pandemic that we knew would be headed our way back in November of 2019 according to the Times of Israel. Lies, lies, lies… Oh, and more lies.

Comments are closed.