Massive Fraud Uncovered in Government's Pandemic Relief Programs

The Small Business Administration lost over $200 billion to fraud, waste, and abuse during the pandemic relief efforts.
Investigations into COVID-19 EIDL and PPP fraud have resulted in 1,011 indictments, 803 arrests, and 529 convictions as of May.
The fraud estimate for the COVID-19 Economic Injury Disaster Loan program is more than $136 billion, representing 33% of the total money spent on that program.
Scammers potentially swiped about $280 billion in COVID-19 emergency aid, with an additional $123 billion wasted or misspent.
million potentially fraudulent loans and grants were paid out, accounting for 21% of the total disbursed.