Pandemic relief fraud costs billions nationwide
An Associated Press analysis shows fraudsters stole or wasted more than 400 billion dollars of COVID relief across the United States. The report details schemes using dead people SSNs, misused unemployment funds, and relaxed safeguards that allowed billions to flow to criminals, state workers, and even a U.S. soldier and various individuals across several states. It notes 2230+ charged cases, SBA programs, and calls for stronger Do Not Pay checks and extended prosecutions.
MENTIONED IN THIS ARTICLE
Washington
Treasury Department
U.S
Georgia
Texas
Missouri
Montana
Associated Press
Dan Fruchter
U.S. Attorney’s Office
Trump
Joe Biden
America
Centers For Disease Control and Prevention
Michael Horowitz
U.S. Justice Department
Horowitz
The
Mike Galdo
U.S. Justice
Ment
Donald Trump
Gene Dodaro
Congress
IRS
Small Business Administration
SBA
Hannibal
Mike” Ware
Ware
University of Texas At Austin
John Griffin
Biden Administration
Biden
Gene Sperling
White House
American Rescue Plan
Sperling
SRA
Han Nguyen
Nguyen
Brent Parton
U.S. Labor Department
Employment and Training Administration
Labor Department
Larry Turner
Turner
Federal Bureau of Prisons
Emery Nelson
Ohio
Keith Faber
Faber
Department of Job and Family Services
CDC
Capitol Hill
Fruchter
Justice Sperling
SEC targets Binance and Coinbase in crypto exchange lawsuits
U S regulators sue Binance and Coinbase for operating as unregistered securities exchanges and seek asset freezes at Binance US. The cases signal a tightening of crypto regulation as lawmakers and industry figures debate how to define and oversee digital assets.
MENTIONED IN THIS ARTICLE
Washington
FTX
Sam Bankman-Fried
U.S. Securities and Exchange Commission
Binance
Coinbase
SEC
U.S
Gary Gensler
Bloomberg
Federica Pantana
Davidoff Hatcher & Citron
New York
Pantana
Crypto
Commodity Futures Trading Commission
Yellen
Congress
House Financial Services Committee
Patrick McHenry
R-N.c
Glenn Thompson
R-Penn
House Committee On Agriculture
McHenry
Kristin Smith
The
Blockchain Association
Also Mentioned on This Page
David Smith
Office of Investigations
U.S. Secret Service
House Oversight and Accountability Committee
Gensler
Treasury
Janet Yellen
CNBC