How Billions In COVID Relief Funds Were Lost To Fraud

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In our series The Fleecing of America, NBC’s Lester Holt reports for TODAY on stories of waste, fraud and abuse of taxpayer money related to the government funding earmarked unemployed Americans, small businesses and struggling health care providers.

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This is such a lie. None of these people will pay back a dime of this money. Once again the taxpayer gets stuck with the bill to not only house them in jail but pay back all that "relief" money.

mepulley
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Get them and lock them up! Too many crooks walking this planet...greedy, selfish thieves!!

dorthymcbride
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Gov doles out billions in relief funds and now crying foul we made a mistake after C19 caused a mass panic UI dept included.Reduced requirements and a shut down caused a problem.If any buisness was a required employer that should have kept rolling was the UI dept.Instead they shut the doors and ran.

leevahal
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Plus you handed out the money before you even said who’s eligible or not so it’s on you.

buddhistpriest
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Thanks for taking a closer look. These thieves are the ultimate selfish, greedy hypocrits. Anything to get over at everybody's expense. They need to be held accountable.

nancychace
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It would take 32, 000 years to count to 1 trillion. 162, 000 years to count to 5 trillion.
I know where the money went….
Check your pockets.

buddhistpriest
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Morning ot a shame that this happened. It's extremely heartbreaking for the mom and pop businesses that had to closed they're doors forever.

bellican
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And what's the jail time for these fraudsters? 2 years with good behavior?

papagen
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This is why the IRS needs to be properly funded. Wealthy individuals have enough funds to run the clock out to avoid accountability.

michaelderosier
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Good for you Scammers, take everything back and send to jail.

terrancevincent
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Wasn't that the whole idea behind it?

alantoon
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I knew it when I saw average people driving up and down I95 with Maserati's, Bently's etc. I knew something was wrong. I'm an insurance agent. So, I saw the trend. How was it going to go when it was time to pay back the loans? They shouldn't have forgiven any of those loans. EDIL won't forgive those loans, and those are legitimate businesses that received those. That loan process was hard to get through and it took months. Not like the PPP loan program, EIDL checked tax transcripts for a three-year period.

tonyaberman
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How trillions were stollen.
Not billions.

RandoBurner
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What's the tab for playing John Wayne in the middle east for 20 years...and what's the cost of the hardware they left when they got out??

catsnow
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Lying Lester is doing something constructive

jillkimmel
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we can clearly solve this just find the people who suddenly got unexplained money, EASY

Foxingban