Revealed: Extent of Pandemic Fraud and Waste on a Massive Scale

The pandemic was a time when people were paid to stay home and businesses became more dependent on the federal government than ever before.

None of this was by accident and it certainly wasn’t done to save lives. It was part of a transition to a digital, government-run future as part of the globalist plan to get rid of America.

Now, the true amount of fraud that went on during the pandemic “relief” programs is being exposed as well; it’s far worse than anyone imagined.

Small Business Pandemic Fraud

The Small Business Administration (SBA) recently put out a report, showing more than $200 billion of its $1.2 trillion spending was stolen. In other words, a large chunk of the hundreds of billions it gave out to keep small businesses alive during the pandemic went to fraudsters, liars, and criminals.

In particular, the Paycheck Protection Program (PPP) and the EIDLs (Economic Injury Disaster Loans) were used by people to steal money or try to get rich off government funding they weren’t entitled to.

EIDL was a particularly big hotspot of fraud, sucking up $136 billion in false claims, while PPP took up about $64 billion of the false claims amounting to $200 billion.

The SBA formerly said they’d been robbed of about $100 billion and now claims it was around $36 billion, but experts are estimating it closer to $200 billion. The total amount of pandemic grift, meanwhile, is actually surpassing a staggering $400 billion.

$400 Billion in Waste, Fraud and Abuse

The SBA is trying to say they lost even less, but a new Associated Press investigation shows the $200 billion they got stiffed on is actually just the tip of the iceberg.

In fact, the AP says the total government funds shelled out wrongly or to people and businesses that didn’t need them is closer to $400 billion.

That’s almost half a trillion in government money sent out to fraudsters. That’s money contributing to inflation, making it harder for honest people to earn their own money.

According to the AP, people took about $280 billion in pandemic relief funds that they shouldn’t have received; another $123 billion was spent incorrectly by the government or lost.

The feds spent $4.2 trillion total to try to keep the economy stable during COVID and it would have been relatively easy to put in place stricter controls on it.

So why didn’t they?

What’s the Deal?

Over 2,000 individuals have been hit with fraud charges so far. $30 billion has been gotten back, but most of it is gone forever.

This article appeared in StatesmanPost and has been published here with permission.

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Written by Western Reader

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