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COVID Relief Fraud & NY Pizza Oven Regulation | 6.29.23

Morning Wire

COVID Relief Funds and Grants Were Distributed to Fraudsters Since 2020

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A new report estimates that is stunning at $200 billion in COVID relief funds and grants were distributed to potential fraudsters since 2020. An estimated $64 billion was stolen from PPP and $136 billion from the Economic Injury Disaster Loan Program. In total, $1.2 trillion tax dollars were distributed for these programs, so nearly one-fifth of all that money was given to fraudsters.

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