MASSIVE PLUNDER: Nearly $100B STOLEN in pandemic relief funds

Democrats are breaking our backs, plundering our hard earned wages for nefarious criminal activity. They don’t earn it so they don’t respect it.

Nearly $100 billion of COVID relief funds has been defrauded across the United States since the pandemic began, the Secret Service announced Tuesday, adding that there are almost 1,000 separate investigations into these startling financial frauds.

Two high profile athletes have already been cuffed for the crime: US Olympic speedskater Allison Marie Baver is accused of ripping off $10 million, as well as former New York Jets wide receiver and onetime millionaire Kenbrell Thompkins, whose damages are in the hundreds of thousands.

There have also been plenty of “average Joe” perps getting busted after spending their lavish relief dough on trivial purchases, such as flashy cars or rare, five-figure Pokémon cards (both true, real examples, sadly). Gotta catch ’em all, right?

A group of deceitful dingbats in Brooklyn were even found out after posing online with some $2 million of ill-begotten relief funds.

Read on for the most ridiculous, and egregious, COVID relief scammers that have been caught — so far, the NY Post is reporting.

https://apnews.com/article/coronavirus-pandemic-health-pandemics-us-secret-service-9d5c43814ef2c1ffb45c2a6f4e13faa9

Secret Service: Nearly $100B stolen in pandemic relief funds

By: Jennifer McDermott, AP, December 23, 2021;

FILE – Web pages used to show information for collecting unemployment insurance in Virginia, right, and reporting fraud and identity theft in Pennsylvania, are displayed on the respective state web pages, on Feb. 26, 2021, in Zelienople, Pa. The Secret Service said it has seized more than $1.2 billion while investigating unemployment insurance and loan fraud and has returned more than $2.3 billion of fraudulently obtained funds by working with financial partners and states to reverse transactions. (AP Photo/Keith Srakocic, File)
FILE – Web pages used to show information for collecting unemployment insurance in Virginia, right, and reporting fraud and identity theft in Pennsylvania, are displayed on the respective state web pages, on Feb. 26, 2021, in Zelienople, Pa. The Secret Service said it has seized more than $1.2 billion while investigating unemployment insurance and loan fraud and has returned more than $2.3 billion of fraudulently obtained funds by working with financial partners and states to reverse transactions. (AP Photo/Keith Srakocic, File)

Nearly $100 billion at minimum has been stolen from COVID-19 relief programs set up to help businesses and people who lost their jobs due to the pandemic, the U.S. Secret Service said Tuesday.

The estimate is based on Secret Service cases and data from the Labor Department and the Small Business Administration, said Roy Dotson, the agency’s national pandemic fraud recovery coordinator, in an interview. The Secret Service didn’t include COVID-19 fraud cases prosecuted by the Justice Department.

While roughly 3% of the $3.4 trillion dispersed, the amount stolen from pandemic benefits programs shows “the sheer size of the pot is enticing to the criminals,” Dotson said.

Most of that figure comes from unemployment fraud. The Labor Department reported about $87 billion in unemployment benefits could have been paid improperly, with a significant portion attributable to fraud.

The Secret Service said it has seized more than $1.2 billion while investigating unemployment insurance and loan fraud and has returned more than $2.3 billion of fraudulently obtained funds by working with financial partners and states to reverse transactions. The Secret Service says it has more than 900 active criminal investigations into pandemic fraud, with cases in every state, and 100 people have been arrested so far.

The Justice Department said last week that its fraud section had prosecuted over 150 defendants in more than 95 criminal cases and had seized over $75 million in cash proceeds derived from fraudulently obtained Paycheck Protection Program funds, as well as numerous real estate properties and luxury items purchased with the proceeds.

One of the best-known programs created through the March 2020 CARES Act, PPP offered low-interest, forgivable loans to small businesses struggling to meet payroll and other expenses during pandemic-related shutdowns.

Law enforcement early in the pandemic focused on fraud related to personal protective equipment, the Secret Service said. Authorities have now prioritized the exploitation of pandemic-related relief because the federal funding through the CARES Act attracted the attention of individuals and organized criminal networks worldwide.

“Can we stop fraud? Will we? No, but I think we can definitely prosecute those that need to be prosecuted and we can do our best to recover as much fraudulent pandemic funds that we can,” said Dotson, who is the Secret Service’s assistant special agent in charge of the agency’s field office in Jacksonville, Florida.

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