Page 9 - Bailey Devries News Today

More than $200 billion may have been stolen from two large COVID-19 relief initiatives in the pandemic's early months, the Small Business Administration said in a new report.

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

That is according to a report published Tuesday by the inspector general of the Small Business Administration, the entity charged with managing the payouts.

Fraud in pandemic unemployment assistance programs stands at $76 billion, according to congressional testimony from Labor Department Inspector General Larry...

More than $200 billion may have been stolen from two large COVID-19 relief initiatives in the pandemic's early months, the Small Business Administration said in a new report.

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

Fraud in pandemic unemployment assistance programs stands at $76 billion, according to congressional testimony from Labor Department Inspector General Larry...

A senior SBA official disputed the findings, claiming "serious flaws that significantly overestimate fraud."

Fraud in pandemic unemployment assistance programs stands at $76 billion, according to congressional testimony from Labor Department Inspector General Larry...

A federal watchdog found more than $200 billion may have been stolen from two large COVID-19 relief initiatives.