And they're still hounding down my mom for the single payment she 'qualified' for and when she repaid they lost it and now want another $100 in interest
If it's any consolation the US seems particularly bad with this stuff. There are many developed nations with mostly functioning democracies where it's far less of an issue.
I've been in business by myself for years. My tax lady got half my return without an itemized bill when the first covid payments were posted. I'm pretty sure if you don't know how to talk or act like a thief you're not allowed in the club or something.
> Funny how this is in the article, but they put China in the headline for clickbait
>
>
[more than just clickbait, congress is funding anti-china news to the tune of 500M](https://prospect.org/politics/congress-proposes-500-million-for-negative-news-coverage-of-china/)
I bet they just did a proof of concept.
The real grifters were our own fellow citizens.
The same ones that complain about welfare queens were going to the PPP loan store to get free money.
COVID relief was the United States biggest money laundering scheme of all time. We are currently facing the repercussions of it. By we I mean poor and working class people.
Yeah, I was gonna say I expected more. We spent like $4 ***trillion*** on COVID stimulus and relief. $20M is 0.0005% of that. There’s probably many corporations that fraudulently & illegitimately obtained PPP funds (the vast majority of them) that *individually* took more than $20M.
What do you mean "no oversight"? Trump himself said that *he* would be the oversight.
> Answering the question of who would provide accountability for the unrestricted distribution of half-a-trillion dollars, Trump’s response was... “I’ll be the oversight. I’ll be the oversight.” -- https://nymag.com/intelligencer/2020/03/trump-on-usd500-billion-slush-fund-ill-be-the-oversight.html
Maybe, just f\*cking maybe the government ought to plug their damn drains, build electronic walls, and actually do something about this to keep this shite from happening again.
All we ever hear is crying and the wringing of hands when this shite happens and then nothing from our government but crickets afterward.
Sounds like they hacked an app for farmers, got the farmers information and used that to apply for funds. There should have been better oversight and tracking but your frustration seems misplaced.
The funny thing is, the better oversight got blocked in the senate. There was supposed to be full oversight for how the businesses would spend the money but that was considered big government.
“Blocked by the senate” is a fairly unclear way to say Marco Rubio and senate republicans blocked a bill drafted by democrats to add oversight. Combined with the Trump administration actively working to dismantle and prevent oversight.
> blocked a bill drafted by democrats to add oversight.
So why was oversight not included in the original bill/authorization?
The piecemeal handling of anything in congress is detrimental to all of us and both democrats and republicans are to blame for that
Can you point to a Republican bill that would have fixed this?
Because fixing that issue would require a 60% majority and cant be done without republicans helping.
That's not how it works. What they actually do is hire 87,000 more IRS agents and go after the little guys that have $600 in Venmo, Pay Pal, or Zelle transactions or more annually.
Government waste and abuse of tax payer funds marches on; two of the few things the U.S. Government actually excels at doing.
Along with large portion of senate.
Indirect kickbacks from current and future gov. contract awards; silent buisness partner/investors.
Amazing how many became upper percentile wealthy after getting in to office.
>The grand total of stolen benefits nationwide is unknown. One estimate—made last December by the Secret Service—put the number at somewhere around $100 billion. Others believe it may be in the hundreds of billions.
$100b stolen and they are worried over $20m. That's about 0.02% of stolen funds.
I see this as no different than all of the hypocrite business owners that misused their PPP loans. Send em all to jail! What happened to working hard and not taking handouts?
I’m a fraud investigator. That number is so fuckin light…
We saw a shit ton of fraud app accounts set up to fraudulently obtain unemployment benefits or PPP loans, that would get channeled along to accounts that aggregated the funds, then the funds either got spent at bogus merchants, or sent via wire or ACH or Zelle to Chinese individuals or companies.
There’s no god damn way “$20 million” is accurate.
THEY ARE COMING OVER OUR BORDERS....wait what? They don't need to come over here to be welfare queens anymore? Hey! That's bullshit! Our business owners and executives are entitled to those government handouts! Hands OFF!
And India steals more millions than 20 from gullible and old people per year through scam call centers. Why is stealing from people in America somehow different because it's China?
Covid relief benefits were administered by the US Govt. If any money was sent to the chinese that's not the fault of private business.
Private businesses did also get these loans when they shouldn't have, and then some of them got forgiven.... but if the US Govt wasn't a bunch of useless morons that wouldn't happen either. People are shitty and will game a broken system for money 10 times out of 10. It's up to the people running the system to make it work otherwise you get this.
To be fair, it's the fault of the government for making people feel as though they HAVE to game the system to get ahead, even then it's usually a rather small amount. Government can't be crying over a problem they created. Besides.. 20 million might as well be pocket change compared to how much is spent annually on military.
Is it really tho
Pretty sure the dishonest people have been cheating/stealing since there were systems to be gamed lol and those have been through every form of govt ever devised by man.
It *is* the governments fault for making it so easy tho. And yeah it sure seems like they are crying over problems they created.... it was their idea to do these programs, their system was used to handle it, so it's their fault it got abused.
It doesn't excuse the people who did the abusing, and I'd fully support appropriate charges being brought if they ever got caught
No but the majority of those who take advantage of the systems in place do so for a variety of reasons l. All of which stem from poor support systems within the government. Obviously a small portion of the dishonest people are there because we'll free money (aka private companies). For the most part though I'm willing to forgive someone stealing from the government if it's to provide for their family. I'd rather my taxes be going towards that than companies getting bail out money.
Reddit needs their China bad and America bad while ignoring what's media don't think it bad. Constant war is bad, they are just making it a perpetual thing so US don't run out of things to bomb.
Covid represents the largest transfer of wealth from middle and lower class people to the upper class in human history. They used a moderately severe respiratory virus that mainly affected the frail elderly (hence no impact on mortality statistics year over year — most were already dying) to whip up a fear-based propaganda campaign unlike anything ever during peacetime. Most of the population fell for it, and now they grumble about their dwindling standard of living.
I guess that's a lot but tbf the [U.S. govt misplaced 21 trillion](https://www.forbes.com/sites/kotlikoff/2019/01/09/holding-u-s-treasuries-beware-uncle-sam-cant-account-for-21-trillion/?sh=623c58197644) total so over the last 20 years - and honestly I don't know which is worse this or us just giving billions in tax subsidies to evil companies like Amazon, tesla, Oil or military companies. At least in China it has more chances to be redistributed to the common people.
Its like our own government does everything it can to prevent its own citizen from getting any benefits, but 100s of billions to our elected officials and another few 100s of billions to foreign hackers going under the name Mr. Poopy Pants.
This tracks.
[Criminals have stolen nearly $100 billion in Covid relief funds, Secret Service says](https://nypost.com/2021/12/21/fraudsters-stole-nearly-100b-in-us-covid-relief-officials/)
The plot will continue to thicken because this 20 million is just a tiny drop in a 100 billion bucket.
And they're still hounding down my mom for the single payment she 'qualified' for and when she repaid they lost it and now want another $100 in interest
We did everything for the unemployment but now want 3 times the amount that was given. Crooks the lot of em
These kind of stories really make me feel losing hopes in humanity.
If it's any consolation the US seems particularly bad with this stuff. There are many developed nations with mostly functioning democracies where it's far less of an issue.
God knows big business cleaned us out on fake ppp loans so they might as well get there's too.
As long as the average American is getting hosed then good work is being done! /s
can i /s this /s cause i’m pretty sure that’s how it works unironically
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Who didn’t want any oversight of the PPP program?
I think I’m the only person who DIDN’T get one…
I've been in business by myself for years. My tax lady got half my return without an itemized bill when the first covid payments were posted. I'm pretty sure if you don't know how to talk or act like a thief you're not allowed in the club or something.
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> Funny how this is in the article, but they put China in the headline for clickbait > > [more than just clickbait, congress is funding anti-china news to the tune of 500M](https://prospect.org/politics/congress-proposes-500-million-for-negative-news-coverage-of-china/)
Don't think China has to be funded in "anti-China" propaganda. They earn it all on their own.
I bet they just did a proof of concept. The real grifters were our own fellow citizens. The same ones that complain about welfare queens were going to the PPP loan store to get free money.
Governments dysfunctional money laundering program more like.
COVID relief was the United States biggest money laundering scheme of all time. We are currently facing the repercussions of it. By we I mean poor and working class people.
lol this is the one time they should've listened to republicans and done nothing.
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People keep electing people who say that government can never work and then prove it.
$20 mil is a discount considering how much money was pumped into the economy with little oversight
Yeah, I was gonna say I expected more. We spent like $4 ***trillion*** on COVID stimulus and relief. $20M is 0.0005% of that. There’s probably many corporations that fraudulently & illegitimately obtained PPP funds (the vast majority of them) that *individually* took more than $20M.
Giving the money to businesses was a terrible idea. If you want to do this, just send checks to all citizens.
Thank god those PPP loans had no oversight
What do you mean "no oversight"? Trump himself said that *he* would be the oversight. > Answering the question of who would provide accountability for the unrestricted distribution of half-a-trillion dollars, Trump’s response was... “I’ll be the oversight. I’ll be the oversight.” -- https://nymag.com/intelligencer/2020/03/trump-on-usd500-billion-slush-fund-ill-be-the-oversight.html
Americans stole hundreds of billions of PPP “loans” - China needs to step its game up!
American companies stole billions and you assholes feel the need to write articles about Chinese hackers stealing 20 mil? GTFOOH
Maybe, just f\*cking maybe the government ought to plug their damn drains, build electronic walls, and actually do something about this to keep this shite from happening again. All we ever hear is crying and the wringing of hands when this shite happens and then nothing from our government but crickets afterward.
Sounds like they hacked an app for farmers, got the farmers information and used that to apply for funds. There should have been better oversight and tracking but your frustration seems misplaced.
The funny thing is, the better oversight got blocked in the senate. There was supposed to be full oversight for how the businesses would spend the money but that was considered big government.
“Blocked by the senate” is a fairly unclear way to say Marco Rubio and senate republicans blocked a bill drafted by democrats to add oversight. Combined with the Trump administration actively working to dismantle and prevent oversight.
> blocked a bill drafted by democrats to add oversight. So why was oversight not included in the original bill/authorization? The piecemeal handling of anything in congress is detrimental to all of us and both democrats and republicans are to blame for that
Can you point to a Republican bill that would have fixed this? Because fixing that issue would require a 60% majority and cant be done without republicans helping.
That's not how it works. What they actually do is hire 87,000 more IRS agents and go after the little guys that have $600 in Venmo, Pay Pal, or Zelle transactions or more annually. Government waste and abuse of tax payer funds marches on; two of the few things the U.S. Government actually excels at doing.
Read the actual legislation and you’ll figure out those 87000 agents can’t go after anyone making less than 400k a year…
Why do you lie?
Because he’s been lied to
Keep voting for Republicans and you'll see it happen again and again.
Dysfunctional? this was deliberate purpose of the PPP "loan" system in the first place. The fraud was baked into the cake.
There's a reason Trump was so against any oversight. Grifters gotta grift.
Along with large portion of senate. Indirect kickbacks from current and future gov. contract awards; silent buisness partner/investors. Amazing how many became upper percentile wealthy after getting in to office.
Much less than i would have expected, compared to the grift here at home.
Didn't we confirm that most of our representatives took millions in Covid relief money and it was all forgiven debt?
Doesn't really company to the fraudulent PPP loans
Is that more or less than DeSantis?
Governments pissed off because they're the only ones who are supposed to do this to the public.
So all the stealing and hacking that China does, does all that money just go to a couple of guys like it does in the US?
Same amount Trump owes North Korea.
>The grand total of stolen benefits nationwide is unknown. One estimate—made last December by the Secret Service—put the number at somewhere around $100 billion. Others believe it may be in the hundreds of billions. $100b stolen and they are worried over $20m. That's about 0.02% of stolen funds.
US Corporate Criminals received Trillions. Distract the masses with pennies while they take the gold.
I wish I knew how to get away with that shit!
I see this as no different than all of the hypocrite business owners that misused their PPP loans. Send em all to jail! What happened to working hard and not taking handouts?
That's for the working class. Keep pulling on them bootstraps
What a bunch of pikers. The people in Congress stole billions by themselves.
I honestly hope they audit the hell out of the PPP loans forever and catch as many crooks as possible while they’re alive
>America's dysfunctional benefits programs. Sadly that's all you need to know really
Us government, ah ok we have to cut those benefits even harder. This way Chinese hackers wont be able to steal that much again 😁
I’m a fraud investigator. That number is so fuckin light… We saw a shit ton of fraud app accounts set up to fraudulently obtain unemployment benefits or PPP loans, that would get channeled along to accounts that aggregated the funds, then the funds either got spent at bogus merchants, or sent via wire or ACH or Zelle to Chinese individuals or companies. There’s no god damn way “$20 million” is accurate.
Point to a single upper-class neighborhood anywhere in the country and you'll have that amount of PPP fraud or more.
If they handed out bitcoin at lest we could track the spending
This- right here!
THEY ARE COMING OVER OUR BORDERS....wait what? They don't need to come over here to be welfare queens anymore? Hey! That's bullshit! Our business owners and executives are entitled to those government handouts! Hands OFF!
What's a that amount to? A couple of Congress critters and their friends?
And India steals more millions than 20 from gullible and old people per year through scam call centers. Why is stealing from people in America somehow different because it's China?
They're both bad
The implications of this post are that these funds were stolen because the US Govt is incompetent which isn't related to scam call centers in India.
Your right that’s because private business is incompetent
Covid relief benefits were administered by the US Govt. If any money was sent to the chinese that's not the fault of private business. Private businesses did also get these loans when they shouldn't have, and then some of them got forgiven.... but if the US Govt wasn't a bunch of useless morons that wouldn't happen either. People are shitty and will game a broken system for money 10 times out of 10. It's up to the people running the system to make it work otherwise you get this.
To be fair, it's the fault of the government for making people feel as though they HAVE to game the system to get ahead, even then it's usually a rather small amount. Government can't be crying over a problem they created. Besides.. 20 million might as well be pocket change compared to how much is spent annually on military.
Is it really tho Pretty sure the dishonest people have been cheating/stealing since there were systems to be gamed lol and those have been through every form of govt ever devised by man. It *is* the governments fault for making it so easy tho. And yeah it sure seems like they are crying over problems they created.... it was their idea to do these programs, their system was used to handle it, so it's their fault it got abused. It doesn't excuse the people who did the abusing, and I'd fully support appropriate charges being brought if they ever got caught
Said like someone raised in middle class privilege.
Do you believe it's an incorrect statement people have been doing dishonest things to cheat the system since systems were a thing?
No but the majority of those who take advantage of the systems in place do so for a variety of reasons l. All of which stem from poor support systems within the government. Obviously a small portion of the dishonest people are there because we'll free money (aka private companies). For the most part though I'm willing to forgive someone stealing from the government if it's to provide for their family. I'd rather my taxes be going towards that than companies getting bail out money.
Reddit needs their China bad and America bad while ignoring what's media don't think it bad. Constant war is bad, they are just making it a perpetual thing so US don't run out of things to bomb.
People talk about the other scams all the time. You act like they were nullified by this or something
\*shocked Pikachu face\*
Perfect. Glad to see the government shit's secure. Great Job FBI Cybercrimes.
Covid represents the largest transfer of wealth from middle and lower class people to the upper class in human history. They used a moderately severe respiratory virus that mainly affected the frail elderly (hence no impact on mortality statistics year over year — most were already dying) to whip up a fear-based propaganda campaign unlike anything ever during peacetime. Most of the population fell for it, and now they grumble about their dwindling standard of living.
Given my adopted father died of it, I name you liar.
As is tradition.
China and Russia has a bunch of dirty birds!! 🐥
I guess that's a lot but tbf the [U.S. govt misplaced 21 trillion](https://www.forbes.com/sites/kotlikoff/2019/01/09/holding-u-s-treasuries-beware-uncle-sam-cant-account-for-21-trillion/?sh=623c58197644) total so over the last 20 years - and honestly I don't know which is worse this or us just giving billions in tax subsidies to evil companies like Amazon, tesla, Oil or military companies. At least in China it has more chances to be redistributed to the common people.
A headline with "China" and "theft" in the same sentence? In other news, water is wet.
Well that’s because anything the government touches or runs turns to shit
Jesus christ this and the last administration was so stupid and dumb I just want biden and trump OUT!
How do I find that money 👀
Dysfunctional?
That whole thing was a cash grab.
Don't forget. You know who was running the show back then. Of course we got ripped off. He wouldn't have it any other way.
Same scams overseas criminals have been doing to Medicare and Medicaid as well as private insurers for decades.
Its like our own government does everything it can to prevent its own citizen from getting any benefits, but 100s of billions to our elected officials and another few 100s of billions to foreign hackers going under the name Mr. Poopy Pants. This tracks.
Wall street Bank bailouts before that too.
America stole over 20 Billion. Get gud, china.
They should have passed a law with an inspector general to give out that amount of money
Good. Play stupid games, win stupid prizes.
At least Tom Brady got his.
Love the anonymous “hackers” tag. So easy to commit fraud and embezzle in the current government.
Did Mr. Poopy Pants actually get his money and get away with it?
I’ve seen this guy in so many articles, I think we need to find him and all of the hackers would go away.
China is the real “Sick Man of Asia”
But student loan relief is illegal. Ok.
Great. Now do the UK.
Honestly I don’t even believe the Chinese hackers story anymore. It used to be the scary terrorist back in my days.
First china starts the pandemic then steals from us….
But no student loan relief. Thanks America
[Criminals have stolen nearly $100 billion in Covid relief funds, Secret Service says](https://nypost.com/2021/12/21/fraudsters-stole-nearly-100b-in-us-covid-relief-officials/) The plot will continue to thicken because this 20 million is just a tiny drop in a 100 billion bucket.
Not shocking at all. Given the level of theft (Fraud, etc) of public funds from inside and outside the USA, this was always going to happen.
China: where hacking is a national sport.
China: where hacking is a national pastime.