Pandemic relief efforts results in massive Fraud

 DC Daily Journal:

...

A scathing watchdog report released Wednesday revealed that federal agencies squandered nearly $80 billion in pandemic relief funds on applications linked to stolen or invalid Social Security numbers, exposing a glaring failure in oversight that fueled rampant fraud.

The Pandemic Response Accountability Committee (PRAC) slammed the lax controls in three major programs—Economic Injury Disaster Loans, the Paycheck Protection Program, and enhanced unemployment benefits—highlighting how basic verification could have prevented this colossal loss.

This revelation points to the urgent need for robust anti-fraud measures, aligning with President Donald Trump’s push to root out waste and restore accountability in government spending.
Billions Lost to Preventable Fraud

The PRAC report detailed that between 1.4 million and 1.5 million applications, representing potentially fraudulent payments, were approved despite using bogus Social Security numbers.
....

This looks like incompetence on the part of the Biden administration, which was so eager to push money out the door that it did not take the care necessary to stop the theft of government funds.  Those responsible for the loss of billions should be held accountable, and if they are still employed should be removed from a position to make a similar mistake again.

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