Townhall - Tipsheet - Katie Pavlich
Criminals are Cashing in on COVID Relief Funds
Katie Pavlich | @KatiePavlich | Posted: Dec 25, 2021 3:00 PM
Source: (AP Photo/Mark Lennihan)
When Congress passed more than $6 trillion dollars in Wuhan coronavirus relief funds through a series of packages from 2020 through early 2021, criminals took notice.
According to the Secret Service, more than $100 billion has been stolen through a number of programs. The agency is working to find and prosecute the thieves, in addition to recovering the taxpayer money.
"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. The exploitation of pandemic-related relief is an investigative priority for the Secret Service and its partners," the Secret Service release in a statement.
According to the agency, hundreds of investigations have been launched into potential fraud and theft.
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