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Thursday, December 23, 2021

Pandemic Relief Fraud Surpasses $100 Billion

The U.S. Secret Service named a pandemic fraud recovery coordinator Tuesday as it frantically moves to stem stolen benefits draining upwards of $100 billion from government relief provisions.  The $100 billion in fraud has accumulated only during the Biden era. (Breitbart).

The U.S. Secret Service has named Assistant Special Agent in Charge (ASAIC) Roy Dotson of the Jacksonville field office. In this role, ASAIC Dotson will coordinate efforts across multiple ongoing Secret Service investigations into the fraudulent use of COVID-19 relief applications, with potential fraudulent activity nearing $100 billion. While fraud related to personal protective equipment (PPE) was of primary concern to law enforcement, including the Secret Service, early in the pandemic, the release of federal funding through the Coronavirus Aid, Relief and Economic Security (CARES) Act has attracted the attention of individuals and organized criminal networks worldwide (US Secret Service).

From CNN: The Secret Service says its work has led to the return of more than $2.3 billion in ill-gotten gains. One hundred people have been arrested. But the agency still has more than 900 active criminal investigations into Covid-19-related financial fraud (CNN).

In a related COVID fraud...  President Biden extended the student loan repayment moratorium.

The Biden administration announced Wednesday that the moratorium on federal student loan payments would be extended through May 1, as the highly transmissible omicron variant of the coronavirus poses a new threat to the economy (NBC News).

AOC, always ready to spend someone else's resources, tweeted, "Thank you! Next step: cancellation" (Twitter).  AOC perfectly belongs in the Twitterverse.

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