Secret Service Reports that Nearly $100 Billion Now Stolen from COVID Relief Funding

The Secret Service is reporting that nearly $100 billion in funding that was supposed to go to COVID relief spending has been stolen and misused. Once again, we find that the billions in COVID relief funding was not necessary.

The money was supposed to go to relief programs to help businesses and people who lost their jobs due to the pandemic.

Per ABC News:

The estimate is based on Secret Service cases and data from the Labor Department and the Small Business Administration, said Roy Dotson, the agency’s national pandemic fraud recovery coordinator, in an interview. The Secret Service didn’t include COVID-19 fraud cases prosecuted by the Justice Department.

While roughly 3% of the $3.4 trillion dispersed, the amount stolen from pandemic benefits programs shows “the sheer size of the pot is enticing to the criminals,” Dotson said.

Most of that figure comes from unemployment fraud. The Labor Department reported about $87 billion in unemployment benefits could have been paid improperly, with a significant portion attributable to fraud.

The Secret Service said it has seized more than $1.2 billion while investigating unemployment insurance and loan fraud and has returned more than $2.3 billion of fraudulently obtained funds by working with financial partners and states to reverse transactions. The Secret Service says it has more than 900 active criminal investigations into pandemic fraud, with cases in every state, and 100 people have been arrested so far.

Of course, this is just more evidence that government can’t do anything right.

First, Biden shuts down the nation, destroys businesses and jobs, then orders billions in unnecessary spending to “help” the people HE hurt in the first place, then the same money gets stolen and wasted.

Sounds like government, huh?

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