Pandemic Fraud Potentially US$ 200 Billion

Posted on 06/28/2023


The Office of Inspector General of the Small Business Association says US$ 1.2 trillion in federal aid was handed out to businesses in the pandemic, and US$ 200 billion or more was potentially stolen by fraudsters and used for nefarious purposes. However, it is possible that number could be as low as US$ 36 billion.…

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