$200 BILLION IN COVID WASTE: The Inspector-General at the Small Business Administration (SBA) has found an estimated $200 billion in COVID-19 relief funds lost to fraudsters.
But that’s just the beginning because Mike Ware, the SBA IG, claims to still have “tens of thousands” of leads likely to produce more confirmed fraud.
Somewhere, Willie Sutton is kicking himself and wondering why he wasted all that time at the banks when the real money to be stolen was there for the taking in the federal bureaucracy.