Nearly $100 billion at minimum has been stolen from COVID-19 relief programs set up to help businesses and people who lost their jobs due to the pandemic, the U.S. Secret
Most of that figure comes from unemployment fraud. The Labor Department reported about $87 billion in unemployment benefits could have been paid improperly, with a significant portion attributable to fraud.
The U.S. Secret Service announced Tuesday that criminals used fraudulent COVID-19 relief applications to steal nearly $100 billion in pandemic benefits.
The agency is running “more than 900 active criminal investigations into fraud specific to pandemic-related relief funds,” said Assistant Special Agent in Charge Roy Dotson
The release of COVID-19 federal relief funds has unleashed a wave of individuals and criminal networks responsible for what the Secret Service says is nearly $100 billion in stolen benefits.
The Secret Service announced almost $100 billion had been stolen from pandemic relief programs and it has over 900 active pandemic fraud investigations.
Nearly $100 billion at minimum has been stolen from COVID-19 relief programs set up to help businesses and people who lost their jobs due to the pandemic, the U.S. Secret Service said Tuesday.
