How Billions in COVID-19 Relief Aid Was Stolen or Wasted
An inside look at the great grift.
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An inside look at the great grift.
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The U.S. government has charged more than 2,230 defendants with pandemic-related fraud crimes and is conducting thousands of investigations.
WASHINGTON — Much of the theft was brazen, even simple.
WASHINGTON -- In the greatest grift in U.S. history, thieves plundered billions of dollars in federal covid-19 relief aid intended to combat the worst pandemic in a century and to stabilize an economy in free fall. 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. Combined, the loss represents 10% of the $4.2 trillion the U.S. government has so far disbursed in covid relief aid.