Covid-19 Relief Fraud Potentially Totals $100 Billion, Secret Service Says – The Wall Street Journal

WASHINGTON—Some $100 billion has potentially been stolen from Covid-19 relief programs designed to help individuals and businesses harmed by the pandemic, the U.S. Secret Service said.

The funds have “attracted the attention of individuals and organized criminal networks” world-wide, the agency said in a news release, though its estimate of stolen benefits represents just a fraction of the trillions of dollars in government relief provided since last year.

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