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Almost $100 billion of COVID-relief funds stolen, Secret Service says

More than 900 active criminal investigations are pending

The U.S. Secret Service announced Tuesday that criminals used fraudulent COVID-19 relief applications and other means to steal nearly $100 billion in pandemic benefits.

“The Secret Service currently has more than 900 active criminal investigations into fraud specific to pandemic-related relief funds,” Roy Dotson, the assistant special agent in charge of the national fraud investigation, said in a statement. “That’s a combination of pandemic benefits and all the other benefits programs too.”

The criminals took advantage of several pandemic relief programs established by the CARES Act, the agency said, which included the Paycheck Protection Program (PPP) for small businesses and direct stimulus payments to individuals. Funds administered through statewide unemployment insurance were also stolen.

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5 thoughts on “Almost $100 billion of COVID-relief funds stolen, Secret Service says”

  1. Very interesting to see the list of people here that all got the same amount $20,833 in their name, not in a company name.

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