US Secret Service estimates billions stolen from Covid relief funds
December 23, 2021
US Secret Service, COVID relief programs
$100B suspected stolen from COVID relief funds. Majority of funds linked to unemployment fraud.
Where: United States
The Facts
The Secret Service has announced that they suspect the theft of nearly $100 billion from US government COVID relief programs.
Most of the money was stolen in unemployment fraud.
Secret Service pandemic fraud recovery coordinator, Roy Dotson, said, “The sheer size of the pot is enticing to the criminals.”
Last week, the Justice Department announced that its fraud section had prosecuted over 150 people in over 95 cases related to the Paycheck Protection Program.
So far, the government have seized $75 million in cash, real estate, and luxury items bought with the stolen proceeds.
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