This is How the Covid Relief Plan Led to the 'Biggest Fraud in a Generation'

NBC found numerous cases of waste, fraud and abuse in federal funding through Covid relief plans, such as the Paycheck Protection Plan.

"The fraudsters are bold buying luxury cars, lights on private jets, mansions like this Los Angeles," Lester Fraud reported.

"Couple who led a massive $20 million fraud ring using fake IDs to apply for loans for fake businesses. They texted about the cash that was available."

"What didn't happen was even minimal checks to make sure that the money was getting to the right people at the right time."

It interviewed Department of Justice Inspector General Michael Horowitz, who is overseeing a DOJ task force to investigate if the $5 trillion in Covid relief money went to the right place.

It is being called the "Biggest fraud in a generation." For Americans who lived through the Obama administration, and witnessed such boondoggles as "Cash for clunkers," this may seem like an extravagant claim.

Due to the scale of the fraud and the fact that it exploited the crisis of a Covid pandemic, that claim appears to be well-justified.

https://trendingpolitics.com/this-is-how-the-covid-relief-plan-led-to-the-biggest-fraud-in-a-generation-knab/