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US Congress admits over $250 billion in COVID-19 aid stolen by fraudsters

US Covid fraud news

More than $250 billion were stolen in the United States as a result of fraudulent schemes in government aid payments during the coronavirus pandemic, according to a report by US congressmen following a two-year investigation.

“Fraudsters cost the American taxpayer more than $191 billion dollars by taking advantage of the federal government’s unemployment system and exploiting individuals’ personally identifiable information,” the report, published by the Select Subcommittee on the Coronavirus Pandemic, says.

In addition, at least $64 billion in US government money was stolen by fraudsters and criminals who took advantage of the so-called “Paycheck Protection Program,” which provided Americans with financial assistance in the form of loans that could be forgiven if the funds were used to compensate for the difficulties caused by the pandemic.

Another $200 million was “lost” due to insufficient control over support for small businesses.

On December 31, 2019, the Chinese authorities informed the WHO about an outbreak of unknown pneumonia in the city of Wuhan in the central part of the country (Hubei Province). Initial claims, now refuted, were that the first cases were somehow connected with the local seafood market. In early January 2020, China officially announced that the outbreak of viral pneumonia of unknown origin was caused by a new type of coronavirus. On March 11, 2020, the head of the WHO, Tedros Adhanom Ghebreyesus, announced that the spread of the new coronavirus was of a pandemic nature.

Image credit: cottonbro studio

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7 COMMENTS

  1. “Fraudsters”, lol.

    “RUSSIAN fraudsters”, I’m sure 😉

    And pay no attention to the many senators and congressmen and all the massively wealthy corporate oligarchs who finance their campaigns and instruct them on how to vote and which laws to pass. None of them profited in the slightest, we promise.

  2. The American politicians are jealous that the rest of the country stole almost as much as they do.
    The only thing Covid is over but the political corruption continues.

    Look at jacinda. When she started her and Clarke borrowed money for their Auckland home. When she retired my understanding is they have 7-8 million. Amazing on a prime minister salary , a fishing guy
    That’s a lot of money in no time ????

    • 30 million USD prize for Jacinda, for being such a hero, from Melinda Gates. Ex hubbies money of course, but hardly a drop in the ocean for either of them and nice wee reward for doing her duties well.

      She already had around 25mil. by that stage from God knows where. ‘Oh look what I just found Clarkie, time for new veneers!’

  3. And a facelift and fillers and electrolysis for all that tired old skin, hairy uper lip and out of control eyrbrows. “Just look what it’s done to me, ruining the country, running! My poor depleted tank.”

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