Scale of Pandemic Relief Fraud Grows Larger
There’s no question that billions of dollars in pandemic relief aid was stolen by fraudsters in 2020. Here’s a quick tally of the estimates of how many billions were stolen:
- $400 billion in fraudulent unemployment benefits processed by the Department of Labor.
- $200 billion in Economic Injury Disaster Loans and the Paycheck Protection Program administered by the Small Business Administration.
- $138 billion in fraudulent tax credits processed by the IRS.
Combined, that’s $738 billion in fraudulent payments made by U.S. government agencies to fraudsters. No matter how you slice it, that’s a very big number.
But that’s an underestimate
Testifying before Congress on February 6, 2025, Haywood Talcove, the CEO of Lexis Nexis Risk Solution, puts the total amount of Covid relief lost to fraud much higher. According to Talcove, the total U.S. taxpayer loss to fraud is at least $1 trillion. Worse, most of that money left the United States. Even worse still, the U.S. government’s own payment systems were “accomplices” in the fraud:
Outdated government systems permit criminals to access unlimited sums of money. During the pandemic, they stole $1 trillion dollars, 70 percent of those dollars went overseas. Shockingly, it’s just not criminals exploiting the system, it’s the flawed system itself acting as the accomplice. If left unchecked, the U.S. government will continue to lead the world in funding cyber criminals.
After almost five years, just $4 billion of pandemic relief aid has been recovered. Recovering funds lost to fraud has not been a priority of the officials and bureaucrats who have been running the U.S. government.
The post Scale of Pandemic Relief Fraud Grows Larger appeared first on The Beacon.
Source: https://freedombunker.com/2025/02/27/scale-of-pandemic-relief-fraud-grows-larger/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Online: | |
| Visits: | 1,682,323,727 |
| Stories: | 8,371,952 |
Whistler Blowers, Insiders
