Secret Service – Covid Fraud Is Enormous – $100 Billion

The Secret Service has appointed an industry vet, Roy Dotson, to handle COVID-related fraud. They have seized $1.2 Billion in funds and returned another $2.3 Billion in funds via ACH.

According to the report, this is the Super Bowl of Fraud and believe up to $100 billion in Covid relief funds were stolen by criminals.

I am Frank McKenna, a fraud expert from San Diego. The views and opinions expressed here are entirely my own and do not reflect those of Point Predictive.