The Great Pandemic Heist: PPP Loan Fraud

In the COVID-19 era, there has been a heist of great value, but it has not gone undetected. Prosecutors have called the heist the largest fraud in U.S. history, with the thieves stealing hundreds of billions of dollars in taxpayer money through fraudulently obtained Paycheck Protection Program (PPP) loans.

9 minute read November 01, 2022 at 12:07 AM
By
Edward T. Kang
The Great Pandemic Heist: PPP Loan Fraud

The "good" thieves are able to abscond with tremendously valuable items while remaining undetected. They take care to cover their tracks, to make sure any witnesses are silenced, and to financially clean the ill-gotten goods as quickly as possible.

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