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Report: More than $100 billion in COVID aid ‘misspent,’ stolen or swindled
Post Millenial ^ | Feb 16 2021 | Ari Hoffman

Posted on 02/15/2021 11:37:31 PM PST by Chad C. Mulligan

"At least $63 billion of the $630 billion in disbursements" from CARES Act funds "has been misspent" in the state of California, with the full scope of the loss of taxpayer funds likely to be more than $100 billion, according to state officials.

According to a new report from NBC News, "The scale of the fraud in the unemployment program created by the CARES Act has reached a staggering level." The Justice Department has assembled a task force research and prosecute the fraud in all 50 states and US territories.

(Excerpt) Read more at thepostmillennial.com ...


TOPICS: Business/Economy; Crime/Corruption; Government
KEYWORDS: blogpimp; cares; coronavirus; corruption; covid; fraud; waste
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Just follow the money
1 posted on 02/15/2021 11:37:31 PM PST by Chad C. Mulligan
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To: Chad C. Mulligan
A big chunk of that money ended up in the Biden and other Dems campaign coffers.
2 posted on 02/15/2021 11:40:09 PM PST by SmokingJoe
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To: Chad C. Mulligan

“The Justice Department has assembled a task force...”

LOL


3 posted on 02/15/2021 11:42:42 PM PST by Mr. N. Wolfe
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To: Chad C. Mulligan

Only 100 billion? Maybe they don’t count the misspending that was designed into the relief.


4 posted on 02/15/2021 11:45:28 PM PST by ArcadeQuarters (Socialism requires slavery.)
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To: Chad C. Mulligan

Doesn’t this sound like the American Recovery and Reinvestment Act of 2009? Same topic, same screw-ups, same swindle?


5 posted on 02/15/2021 11:47:53 PM PST by pepsionice
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To: SmokingJoe

No i’m sure PLENTY ended up in R pockets.

People here still think there’s some major difference.

Maybe in about 20 percent of Rs in office.

The rest are worthless.


6 posted on 02/15/2021 11:50:43 PM PST by dp0622 (Tried a coup, a fake tax story, tramp slander, Russia nonsense, impeachment and a virus. They lost.)
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To: Chad C. Mulligan

Shocking....

How’s Fauci’s bank account?


7 posted on 02/16/2021 12:00:06 AM PST by Organic Panic (Democrats. Memories as short as Joe Biden's eyes.)
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To: Organic Panic

He just got a pallet of personal cash from israel.


8 posted on 02/16/2021 12:01:20 AM PST by momincombatboots (Ephesians 6... who you are really at war with)
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To: Chad C. Mulligan
How shocking ....someone actually got caught in this grand warp speed extortion racket

Paging COVID extortion racket manager CEO Mike Pence,

9 posted on 02/16/2021 12:03:02 AM PST by KTM rider (Expatriated at home by no choice of my own, living in a socialist country taken over in a coup )
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File this as a feature, not a bug.


10 posted on 02/16/2021 12:03:18 AM PST by RandallFlagg (Only a moronic, suicidal group would try a Great Purge 2021 on an armed American. We're ready!)
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To: pepsionice
"Doesn’t this sound like the American Recovery and Reinvestment Act of 2009? Same topic, same screw-ups, same swindle?"

except that now they have us cowering in fear and wearing damn masks

11 posted on 02/16/2021 12:05:58 AM PST by KTM rider (Expatriated at home by no choice of my own, living in a socialist country taken over in a coup )
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To: Chad C. Mulligan

They stole 100 billion dollars - but nobody would try to steal an election that controlled that 100 billion dollars...


12 posted on 02/16/2021 12:13:46 AM PST by kiryandil (New Movie: The Assassination Of Ashli Babbitt By The Anonymous Coward)
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To: Chad C. Mulligan

Noooooo....seriously? /s


13 posted on 02/16/2021 12:19:47 AM PST by DesertRhino (Dog is man's best friend, and moslems hate dogs. Add that up. .... )
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To: kiryandil

For that kind of money, we could have finished the border wall and protected our nation from imported diseases, drugs, lifelong parasites on welfare, illiterates, and criminals.


14 posted on 02/16/2021 12:30:08 AM PST by EinNYC
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To: Chad C. Mulligan

In other news, remarkable GDP growth in Nigeria last year!


15 posted on 02/16/2021 12:54:15 AM PST by Wally_Kalbacken
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To: Chad C. Mulligan

Oooh, shocker!

CC


16 posted on 02/16/2021 1:11:40 AM PST by Celtic Conservative (My cats are more amusing than 200 channels worth of TV.)
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To: Chad C. Mulligan

Wish I were clever enough to get a few chunks of the loot that’s being tossed around so casually!


17 posted on 02/16/2021 1:15:02 AM PST by Oscar in Batangas (An Honors Graduate from the Don Rickles School of Personal Verbal Intercourse)
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To: Chad C. Mulligan; All
Whenever the government announces they have an aid program, a stimulus program, a welfare program, a poverty program and they are going to hand out millions and billions of dollars to people, there is going to be massive fraud.

It's human nature. Go to where the money is. Like flies drawn to fly paper.

When infamous bank robber, Willie Sutton, was asked why he robbed banks, he replied, "Because that's where the money is."

IOW, this is not suprising.

18 posted on 02/16/2021 1:30:00 AM PST by HotHunt
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To: dp0622; SmokingJoe; pepsionice; All

Republican governor Hogan of Maryland has just announced a significant theft of money being defrauded from unemployment payment accounts. People are discovering that their accounts have been frozen and money wiped from their state-issued unemployment debit cards. A TV report today said that around 85% of accounts have been affected. See Baltimore Sun article below:

https://www.baltimoresun.com/coronavirus/bs-md-hogan-wednesday-20200715-34ybumhlx5bjfojizql7rmqeue-story.html


19 posted on 02/16/2021 1:30:04 AM PST by gleeaikin
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To: Chad C. Mulligan

TRUMPRID-19


20 posted on 02/16/2021 1:34:04 AM PST by AbolishCSEU (Amount of "child" support paid is inversely proportionate tfo mother's actual parenting of children)
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