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The U.S. Secret Service says nearly $100 billion has been stolen from COVID-19 relief programs set up to help businesses and people who lost their jobs due to the pandemic.
COVID relief fraud has been lucrative for scammers.
Washington, Dec 23:The White House downplayed a statement by the US Secret Service that nearly USD 100 billion at minimum has been stolen from COVID-19 relief programs, saying Wednesday that the estimate is based on old reports. White House press secretary Jen Psaki, when asked to comment on the figure, said, “There is no new research, data or analysis of fraud here.” The Secret Service told The Associated Press on Tuesday that the estimate is based on Secret Service cases […]
COVID relief fraud has been lucrative for scammers.
The Secret Service said it has recovered $2.3 billion of the stolen funds.