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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.