IRS finds more than $1.8 billion in fraud related to COVID-19 stimulus bill
IRS investigators said on March 23 local time that they had uncovered more than $1.8 billion in fraud related to the COVID-19 economic stimulus bill.
In the two years since the Trump administration passed the first stimulus package, the IRS has handled 660 criminal cases related to various stimulus bills, including "fraudulent loans," according to the IRS. Credit and Payments for American Workers, Families, and Small Businesses," many of which were wire fraud cases, or false statements about their business or financial status in order to obtain funds from the government.
(CCTV reporter Liu Xu)