More than $200 billion may have been stolen from two large COVID-19 relief initiatives. That's according to new estimates from a federal watchdog investigating federally funded programs designed to help small businesses survive the worst public health crisis in more than a hundred years.

More than $200 billion may have been stolen from two large COVID-19 relief initiatives. That’s according to new estimates from a federal watchdog investigating federally funded programs designed to help small businesses survive the worst public health crisis in more than a hundred years.

  • AttackBunny@kbin.social
    22·
    1 year ago

    All this, while actual small businesses couldn’t even get funding, during the first round, because the banks had already given all their allocated money to their friends and “whale” customers, BEFORE the application went live online.

    I went through this during first round. Then once FinTech finally opened up, some people had better luck, BUT there were some of us that couldn’t get the first round at all because they hadn’t accounted for certain business structures in regards to paperwork.

    I was a giant shitshow setup by trump to give money to the people that didn’t need it.