Vrede too wrote: ↑Tue Mar 29, 2022 8:50 amYou predicted the fraud, though I don't know what proportion of the scammers are RepuQs.billy.pilgrim wrote: ↑Tue Mar 10, 2020 11:59 amI heard on the radio that donnie is already crying about the poor hotel owners may need federal (taxpayer) assistance.
Probably more to come; afterall, ask not what the workers can do for the country, ask what they can be do for the rich.'Biggest fraud in a generation': The looting of the Covid relief program known as PPP
hey bought Lamborghinis, Ferraris and Bentleys.
And Teslas, of course. Lots of Teslas.
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. Also mansions, private jet flights and swanky vacations.
They came into their riches by participating in what experts say is the theft of as much as $80 billion — or about 10 percent — of the $800 billion handed out in a Covid relief plan known as the Paycheck Protection Program, or PPP. That’s on top of the $90 billion to $400 billion believed to have been stolen from the $900 billion Covid unemployment relief program — at least half taken by international fraudsters — as NBC News reported last year. And another $80 billion potentially pilfered from a separate Covid disaster relief program....
https://www.vanityfair.com/news/2020/07 ... lief-money
"According to the Associated Press, up to $273 million in PPP funding went to the companies of major Trump donors—including Newsmax, the right-wing website whose CEO, Christopher Ruddy, is a longtime friend of the president and a big contributor to PACs that support him. Allies of the president on Capitol Hill and the media also cashed in. The Daily Caller, the conservative news organization co-founded by Tucker Carlson, one of Trump’s favorite Fox News personalities, secured up to a million dollars in taxpayer funds; its sketchy nonprofit arm, the Daily Caller News Foundation, accepted between $150,000 and $300,000. A winery partly owned by Representative Devin Nunes, the Trump ally who recently lost a legal case to a fictional cow, received at least $1 million in PPP funding."
"two hotels, owned by the family of Jared Kushner, the president’s son-in-law and senior adviser, benefitted from PPP money. (The Joseph Kushner Hebrew Academy in New Jersey, named after the powerful Trump adviser’s grandfather and supported by his parents’ family foundation, received up to $2 million.) The family business of Transportation Secretary Elaine Chao—who is married to McConnell, the Senate Majority Leader—received as much as $1 million in taxpayer dollars, as well. The trucking company founded by Agriculture Secretary Sonny Perdue and bearing his name got between $150,000 and $300,000. Trump’s own companies did not apparently receive any funding, but several organizations that operate out of properties owned by his real estate company did, as did the law firm headed by his longtime lawyer Marc Kasowitz, who helped defend the president during Robert Mueller’s Russia probe."