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.

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.

  • beeboopbeep@beehaw.org
    16·
    1 year ago

    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
      12·
      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.