It has been called the greatest grift in American history: an estimated $280 billion of taxpayer money that was supposed to help needy families and businesses through the COVID pandemic has been stolen.
Only about $8 billion has been recovered through Justice Department prosecutions, according to a new congressional letter that is raising serious concern that the government is essentially yawning at a staggering amount of loss in tax dollars.
House Oversight and Accountability Committee Chairman James Comer wrote the letter to the Justice Department last week that he believes the vast majority of unrecovered money was stolen by criminal rings in Russia, China and Nigeria.