COVID-19 pandemic relief: Over $200 billion may have been stolen
More than $200 billion in COVID-19 relief loans and grants for small businesses may have been stolen by fraudsters, according to new estimates.
Source: usatoday.com
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More than $200 billion in COVID-19 relief loans and grants for small businesses may have been stolen by fraudsters, according to new estimates.
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An Associated Press analysis found that fraudsters potentially stole more than $280 billion in COVID-19 relief funding; another $123 billion was wasted or misspent. The loss represents 10 percent of the $4.2 trillion the U.S. government has disbursed in pandemic aid. (Animation Eva Malek)