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The Gazette in Medina, Ohio

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Newspaper

The Gazette

Location

Medina, Ohio, United States of America

Date

Jun 13, 2023

Page

7

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.

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.

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
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