10% Of $4.2 Trillion US COVID Relief Was Lost To Fraud, Waste
June 14th, 2023I’d say the chance that it’s only 10% is somewhere around 0%, but since the entire situation was a fraud…
Yeah.
Via: ZeroHedge:
As much as 10 percent of the $4.2 trillion the U.S. government has disbursed in COVID-19 relief aid may have been lost to fraud and waste.
A new analysis of COVID relief spending by The Associated Press estimates that fraudsters collected more than $283 billion, while another $120 billion was wasted or misspent. The news outlet expects estimates of pandemic waste and fraud to grow as investigators continue to review additional potential fraud schemes.
My parents belong to a country club in Illinois that received $1 million from the Feds for Covid “relief”. They ended up using the $ to redesign their golf course. I would say that is the epitome of “waste” or “misspent”.
haha That sounds about right.