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The Great Grift: More than $200 billion in COVID-19 aid may have been stolen, federal watchdog says (apnews.com)

submitted 1 year ago by Girlparts@kbin.social to c/news@kbin.social

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More than $200 billion may have been stolen from two large COVID-19 relief initiatives. That's according to new estimates from a federal watchdog investigating federally funded programs designed to help small businesses survive the worst public health crisis in more than a hundred years.

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[–] beeboopbeep@beehaw.org 17 points 1 year ago (1 children)

A lot from senators. But I know quite a few small business owners that suddenly had new homes and still let people go… sad

[–] Ertebolle@kbin.social 13 points 1 year ago

I don't think they're even counting those guys - "rich people with legitimate businesses who didn't actually need the money" - as fraud; this mostly seems to be a lot of fake / foreign businesses.