used a front business to hide their crimes. and this is it. from a couple of portakabins, they planned to take over the local cocaine market. but what s really extraordinary is they managed to get a £25,000 bounce back loan to help their business through the pandemic. and they weren t the only ones. it s a bounce back loan application that s been approved for £50,000. last year, this undercover investigator showed us how criminals were setting up fake companies to exploit the system. it seems to be free money for the scammers. it s going to cost us billions. 4.9 billion, according to today s report. anti fraud measures, it says, were implemented too slowly to be effective and are inadequate. well, today we announced a brand new loan scheme for the smaller businesses. designed as a life saver forsmall firms, more than £47 billion was handed out. but how much of that will legitimate
have done so much to cover the issue. their academics and they re journalists and you have been sent it has been water off the dust. you can never say never. i think these issues with the scc are very serious. i do think we could be witnessing something of the beginning of the end. facebook is facing so much trouble right now. they are multiple lawsuits, multiple legal actions. there is the antitrust action by the ftc. there is some very interesting lawsuit which has just being filed which is alleging that facebook covered up after the cambridge analytical scandal and alleging that facebook over paid by $4.9 billion paid to the ftc.
and yet it has been water off the duck s back. you can never say never, but i think these issues with the sec are very serious. and i really actually do think that we could be witnessing of the beginning of the end. facebook is facing so much trouble right now. there are multiple lawsuits, multiple legal actions. there s the antitrust action by the ftc. there s a very interesting lawsuit that s just been filed, which is alleging that facebook covered up after the cambridge analytical scandal. it s actually alleging that facebook overpaid by $4.9 billion in fine it paid to the ftc, and it s alleging it did that just to save mark zuckerberg s skin. and that has been what it s all been about. i think that moment when the
this will slow the economy to a crawl and i think our chances of stopping it are pretty good. they would have to get every single democrat to bow on this. they may be able to pull it off but it will be really hard. reporter: the white house has a problem on the left, the progressive squad in the house led by alexandria ocasio cortez, the second capital security bill yesterday, speaker pelosi backed with $4.9 billion for capital police among other things. the squad opposed it saying it funded broken police system. the bill passed by one vote 213-212 emmons trading how narrow the margins are. with one vote margin in the senate, if what negotiators come up with is too little they may face problems on the left, difficult problems for president biden. to say the least. thank you.
stamps. the benefits program also known as s.n.a.p. the new rule makes it harder for states to wave s.n.a.p. s work requirements in areas with high unemployment. the administration says the move will encourage self-sufficiency, because you know, making people go hungry will somehow get them jobs. joining me now, the chairman of the campaign. bishop barber, we know this will impact 680,000 people who lose their benefits. it s a $5.8 billion reduction in spending over the next five years, which doesn t amount to a whole lot of money when compared to the budget. it s going to affect 39.7 million people received s.n.a.p. benefits in 2018. it was $64.9 billion in government spending and the average monthly benefit is only $255. it s almost no money in the actual budget, but it s really going to hurt people. what do you make of this policy? it s another policy rooted in the lies of extremism, that somehow, if you take food away from people that need it, that