Thanks for your covid relief money
Joliet Police Chief William Evans said Wednesday that 25 people were part of the alleged fraud scheme to get Paycheck Protection Program checks while not operating actual businesses. More than two dozen have been charged in Illinois with fraudulently obtaining pandemic relief money. Some of them were behind bars when they used their relief money to post bond and free themselves from jail. Evans said each fraudulently obtained loan was for between $19,000 and $20,000, with the fraud costing taxpayers upwards of $500,000. Investigators found that some of the defendants were inmates at the Will County Jail in Joliet, a Chicago suburb, when they applied for and received loans through the pandemic program, and then used the money to bond out of jail on their felony cases. Evans said some of the defendants were in custody and used jail phones “to complete the fraudulent PPP loan process.” “Some of the targets bonded out on their felony cases days after receiving their fraudulent PPP loan,” he said Wednesday at a news conference. Emergency loans made to small businesses during the coronavirus pandemic were added last year to a list of government programs considered at high risk of waste, fraud or mismanagement.
Many who participated in what prosecutors are calling the largest fraud in U.S. history — the theft of hundreds of billions of dollars in taxpayer money intended to help those harmed by the coronavirus pandemic — couldn’t resist purchasing luxury automobiles. They came participated in what experts say is the theft of as much as $80 billion of the $800 billion handed out in a Covid relief plan known as the Paycheck Protection Program. That’s on top of the $90 billion to $400 billion believed to have been stolen from the $900 billion Covid unemployment relief program as NBC News reported last year. And another $80 billion potentially pilfered from a separate Covid disaster relief program. the total fraud in all Covid relief funds amounts to a mind-boggling sum of taxpayer money that could rival the $579 billion in federal funds included in President Joe Biden’s massive 10-year infrastructure spending plan, according to prosecutors. “Nothing like this has ever happened before,” said Matthew Schneider, a former U.S. attorney from Michigan who is now with Honigman LLP. “It is the biggest fraud in a generation.”
I need a loan
To get a loan
You need to prove that you don’t need a loan.
My girlfriend borrowed $100 from me. After 3 years, when we separated, she returned exactly $100.
I lost Interest in that relationship.
Always borrow money from a pessimist.
He doesn’t expect to be paid back.
If anyone is spending Christmas alone this year, please let me know.
I need to borrow some chairs.
September 23rd Birthdays
1961 – Elizabeth Peña, 1967 – Lisa Ray McCoy, 1984 – Anneliese Van Pol, 1981 – Misti Traya
1930 – Ray Charles, 1979 – Anthony Mackie, 1943 – Julio Iglesias, 1959 – Jason Alexander