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IPFS News Link • Crime

Over $100 Billion Was Stolen From Pandemic Relief Funds, Secret Service Says

• https://www.barrons.com, ZeroHedge

When it comes to government waste, we've seen some pretty big numbers of recent – including $80 billion worth of military equipment that was left behind in Afghanistan just months ago.

But trumping that number, according to the Secret Service, is more than $100 billion that was stolen from pandemic relief funds. The $100 billion figure is "at a minimum," a new report from AP says.

The estimate is based on "Secret Service cases and data from the Labor Department and the Small Business Administration," the report says.

"The sheer size of the [$3.4 trillion dispersed] is enticing to the criminals", said Roy Dotson, the agency's national pandemic fraud recovery coordinator.


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