The rapid distribution of COVID-19 relief funds was a perfect storm for fraud, according to a Government Accountability Office (GAO) report. Most of the nearly $5 trillion in emergency relief spending “went to the intended recipients,” the report stated, but large amounts were siphoned off by fraudsters. A major factor contributing to the fraud was the need for quick distribution of funds with limited ability to verify eligibility. U.S. House Ways and Means Subcommittee Chair David Schweikert (R-AZ) said in a recent hearing that Congress must “dive deeper into how this fraud was carried out and examine the tactics used to steal governments benefits.” Here’s the report: https://bit.ly/3S851In
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