Now Reading
US Secret Service estimates billions stolen from Covid relief funds
Subscribe
Sign In

US Secret Service estimates billions stolen from Covid relief funds

$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.

Primary Sources

Direct, authoritative source material on this story.

Reference Articles

Articles Citable has ingested related to this story.

Reference Articles

Articles Citable has ingested related to this story.

Media Coverage

Why did we include this story

Most covered story by the media today

of articles referenced this story

Coverage by Media Outlet

Media outlets covering this story along with their positive or negative sentiment toward this story.

© 2021 Citable. All Rights Reserved.