Monday, July 25, 2022

Marco Rubio downplays PPP fraud: Government programs have 'fraud embedded in them'

Florida Republican senator, a chief architect of the Paycheck Protection Program during the pandemic, said law enforcement is not going to find every fraudster but he hopes they get as many as possible.  

  1. In a separate case, a California man was convicted for "submitting fraudulent applications seeking money from the Paycheck Protection Program (PPP), submitting false statements to a financial institution, and money laundering." The fraud in that case totaled $27 million.
  2. D'Antuono, head of the FBI's Washington Field Office, told Just the News in May that it is preferable to find ways to prevent fraudsters from obtaining taxpayer funds in the first place rather than trying to claw money back after it's already been spent by criminals.
  3. National Pandemic Fraud Recovery Coordinator Roy Dotson, who has 30 years experience in law enforcement, said in May that he had "never seen" so much fraud in a government program prior to passage of the CARES Act, which set up the PPP, federal pandemic unemployment insurance and other economic relief programs.
  4. "Look, any government program, including legacy programs have, unfortunately, fraud embedded in them," Rubio told Just the News after speaking at a small business summit organized by Goldman Sachs.

https://justthenews.com/government/congress/rubio-ppp-fraud-government-program-have-fraud-embedded-them 

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