- Advertisement -spot_img

The Great Grift: Five things to know about how COVID-19 relief aid was stolen or wasted

- Advertisement -spot_img

Must read

AARON KESSLER, RICHARD LARDNER and JENNIFER MCDERMOTT

The greatest grift in U.S. history was brazen, even simple. Criminals and gangs grabbed the money. So did an U.S. soldier in Georgia, the pastors of a defunct church in Texas, a former state lawmaker in Missouri and a roofing contractor in Montana.

Over the last three years, thieves plundered billions of dollars in federal COVID-19 relief aid intended to combat the worst pandemic in a century and to stabilize an economy in free fall.

Here are some key takeaways from an Associated Press analysis of what may have been stolen or wasted.

HOW MUCH WAS STOLEN?

An Associated Press analysis found that fraudsters potentially stole more than $280 billion in COVID-19 relief funding; another $123 billion was wasted or misspent. Combined, the loss represents a jarring 10% of the $4.2 trillion the U.S. government has so far disbursed in COVID-relief aid.

That

You’ve reached your free article limit

Subscribe to enjoy unlimited access to trusted journalism. Cancel anytime.

Subscribe now

Need help? molokom@insidepolitic.co.za

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Inside Education E-edition August 2026

spot_img

Services Seta 2026

spot_img

CATHSSETTA

spot_img

AVBOB STEP 12

spot_img

Inside Metros G20 COJ Edition

spot_img

JOZI MY JOZI

spot_img

QCTO

spot_img

Latest article