Introduction

In 2020, the world population was herded by fear tactics into locking down. This Fauci-prescribed lockdown plunged millions into poverty and severely restricted constitutionally protected freedoms.

The government’s attempts to alleviate the economic pain resulted in billions of dollars being stolen through fraudulent claims.

Toxic Lockdowns

Johns Hopkins University released a study that concluded lockdowns, presumably based on the best scientific advice, did nothing to curb the spread of COVID and only reduced COVID deaths by .2 percent.

In October 2021, Professor Douglas Allen of Simon Fraser University Canada said “Lockdowns may go down as one of the greatest peacetime policy failures in modern history.”

Billions in Stolen Funds

The rush to provide financial assistance to Americans forced out of their jobs during the COVID lockdown resulted in a billion-dollar bonanza for fraudsters.

Of the $1.2 trillion distributed by the Small Business Administration, at least 17% was given to fraudsters. The fraud estimates of over $200 billion were primarily in two programs; the Economic Injury Disaster Loans and the Paycheck Protection Program.

Separately, the General Accounting Office announced in January 2023 that as much as $43 billion was spent on fraudulent claims for unemployment insurance during the COVID pandemic.

Conclusion

In April 2020, the unemployment rate reached a record high of 15 percent after lockdowns to slow the spread of COVID. In response to this unemployment, the federal government rushed through trillions of dollars in relief legislation.

A House Committee chaired by Rep. James Comer (R – Ky) joined the Senate in investigating the rampant waste of taxpayer dollars in COVID relief programs.

Rep. Comer issued a statement, “We owe it to Americans to identify how hundreds of billions of taxpayer dollars spent under the guise of pandemic relief were lost to waste, fraud, abuse, and mismangament.”

Photo by Jonathan Stackhouse

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