Covid relief funds defrauded of more than £157bn, says US watchdog
The US Small Business Administration said two principal schemes had been conned out of enormous sums of cash.
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The US Small Business Administration said two principal schemes had been conned out of enormous sums of cash.
The federal government squandered more than $200 billion in its rush to prop up small businesses during the COVID-19 pandemic, according to a gover...
More than $200 billion may have been stolen from two large COVID-19 relief initiatives
A report by the U.S. Small Business Administration inspector general says at least 17 percent of loans were awarded 'to potentially fraudulent actors.'
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