Page 8 - Bailey Devries News Today

A watchdog report released Tuesday on fraud and waste in the government's COVID-19 relief efforts showed how the EIDL program emerged as a magnet f...

A watchdog report released Tuesday on fraud and waste in the government's COVID-19 relief efforts showed how the EIDL program emerged as a magnet f...

The inspector general's report said "at least 17 percent of all COVID-EIDL and PPP funds were disbursed to potentially fraudulent actors."

More than $200 billion may have been stolen from two large COVID-19 relief initiatives.

The Great Grift: More than $200 billion in COVID-19 aid may have been stolen

The government squandered more than $200 billion in potential fraud its rush to prop up small businesses during the COVID-19 pandemic, says a gover...

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The numbers issued Tuesday by the U.S. Small Business Administration inspector general are much greater than the office's previous projections and underscore how vulnerable the Paycheck Protection and COVID-19 Economic Injury Disaster Loan programs were to fraudsters

The fraud estimate for the Covid-19 Economic Injury Disaster Loan program is more than $136 billion, which represents 33 percent of the total money spent

More than $200 billion in Covid aid disbursed by the Small Business Administration may have been stolen, a federal watchdog said.