Is A Fraud A Fraud If It’s A Pandemic Relief Fraud Too Small To Draw A Fraud Probe?



As we’ve seen, the rather hasty way in which the federal government pumped first $3.1 trillion and then a further $1.9 trillion into the pandemic-stricken economy, and the rather slap-dash and hasty way those $5 trillion were distributed, appeared almost designed to encourage hilarious frauds. Like the hedge-fund manager who used the Paycheck Protection Program as a fundraising tool; or all the Lambos and Porsches purchased; or buying airplane hangers to store them in. Happily for us here at Dealbreaker, the Justice Department will be providing more than enough sequels to those to fill these virtual pages for the next decade.

Agents in the Labor Department’s inspector general’s office have 39,000 investigations going. About 50 agents in a Small Business Administration office are sorting through two million potentially fraudulent loan applications….

Earlier this month, President Biden signed bills extending the statute of limitations for some pandemic-related fraud to 10 years from five…. “There are years and years and years of work ahead of us,” said Kevin Chambers, the Department of Justice’s chief pandemic prosecutor. “I’m confident that we’ll be using every last day of those 10 years.”



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