FBI report the victim’s lost $333 million at bitcoin ATM’s last year; double the year before
Small Business Administration suspends thousands of accounts in Minnesota over PPP fraud
Thoughts on fraud stealing government benefits. Fraud is fraud. Stealing money from the government simply spreads the losses among everyone, and takes money from those who have a legitimate need for those funds. Apparently 100 million people have now seen the Nick Shirly video on X. The US Attorney’s office there says that they expect at least $9 billion in fraud against these programs. And this is quickly expanding to many other states. Not all of the fraud can be attributed to immigrants, of course, but anyone engaged in fraud should be prosecuted, and those in charge of these programs must do a better job of screening for fraud.
