In response to the estimated $300 billion lost to fraud during the distribution of $4.5 trillion in pandemic relief, Congress is considering a new bill that would extend the timeframe for prosecuting fraud in specific aid programs. Introduced by Senators and Representatives, the bill targets the Restaurant Revitalization Fund and Shuttered Venue Operators Grant. A report highlighted that large amounts from these funds reached high-profile musicians instead of struggling businesses. If enacted, the bill would give prosecutors up to ten years to pursue cases of fraud, doubling the current limitation.
Fraudsters were let off the hook for the last four years, but there is a new sheriff in town. These bad actors stole billions in relief...
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