The COVID Panic will formally finish May 11 – greater than three months from now, in order that the feds can maintain funneling tons of of billions extra in free humorous cash to the non-working lessons and undocumented Democrats.
They’ve squandered greater than $4 trillion thus far on the most important rip-off ever, and it’s breaking the Democrats’ hearts to even take into consideration lastly ending any of them.
What a boondoggle the Panic has been – thousands and thousands of presidency hacks paid to do nothing, bloated food-stamp funds, additional welfare of every kind, hire and student-loan moratoriums, so-called, to not point out the condoning of these “mostly peaceful” looting and arson sprees within the title of fairness.
Someday, I consider, historical past could regard the COVID rip-off as a larger catastrophe for American society than the War on Poverty, and even the Great Depression.
The destruction of the nation’s work ethic, thousands and thousands of companies destroyed for no motive, a technology of younger individuals whose educations have been ruined, rampant drug and alcohol abuse, the top of any religion in authorities after years of formally sanctioned authorities lies….
In a associated growth, a House committee this morning will start hearings on the “rampant waste” on assorted pandemic applications.
I hope the solons have put aside quite a lot of time. I imply, quite a lot of time, as a result of there’s by no means been something like the extent of flim-flams and grifts inspired by the federal government during the last three years.
You can try the U.S. lawyer’s web site – any U.S. lawyer’s – to get a small thought of how endemic this fraud has been. The superb factor is, you generally discover out about COVID welfare applications you by no means heard of that have been ripped off for thousands and thousands, perhaps billions.
Here’s an instance: did you ever hear of the Provider Relief Fund (PRF) for health-care professionals? Well, an accountant for a Hyannis dentist did, and he stole $52,000 as half of a bigger $1.2 million embezzlement.
As with all kinds of crime, a wildly disproportionate quantity is dedicated by unlawful aliens.
Here’s a “Boston man” who stole $65,000 from one other handout program – Pandemic Unemployment Assistance (PUA). The title of the “Boston man” is Wilson Radhames Peguero Brea, age 53, and he pleaded responsible to “fraudulently representing that he was a U.S. citizen.”
In different phrases, he wasn’t a “Boston man” in any respect. But he was a COVID fraudster.
The studies in regards to the billions – trillions? – in COVID fraud come out on an virtually every day foundation. Here’s a headline yesterday from The Hill:
“Almost 70K ‘questionable’ Social Security numbers used for $5.4B in pandemic-related loans: watchdog.”
When the aid applications with the “forgivable” loans have been introduced three years in the past, it was like blowing a canine whistle that solely fraudsters might hear.
I personally knew the primary man arrested within the U.S. for scamming the most important boondoogle of all of them – the Payroll Protection Program (PPP). He was already an ex-con, a radio man from the Cape. When he was lugged in Providence, he’d simply gotten out on parole for earlier scams involving, amongst different issues, financial institution fraud, diamonds and a minor-league baseball staff.
I knew him as Kurt Sanborn, however now he’s locked up at Devens beneath the title of David Staveley, BOP #04230-049. His launch date is July 13, 2024.
This former worker of WXTK on Cape Cod wasn’t the one native recidivist fraudster to dip his crooked snout into the free-money trough. There’s a man named James Joseph Cohen, age 59, of Wenham, who pleaded responsible to stealing $1.2 million in PPP funds.
I discussed this case on my radio present and someone texted me that this Cohen was once generally known as Jamie Edelkind. Under the title Edelkind, Cohen had been convicted twice, in accordance with the feds, “including a 2005 conviction for bank fraud.”
He bought 60 months and was ordered to pay $3.2 million in restitution, “much of which remains unpaid,” the grievance famous.
All you wanted to get a “forgivable” PPP mortgage was an formally integrated enterprise. Now, quite a lot of companies are briefly integrated, however then go beneath after a short time. The bust-out house owners then cease paying what in Massachusetts is the $500 annual submitting price for companies.
Guess what occurred in 2020, when the feds blew that dog-whistle for the David Staveleys of the world? There was a stampede on the MA secretary of state’s workplace, as all of the “dissolved” companies have been abruptly recreated, so as to… properly, you recognize what.
Politicians rushed to the entrance of the road when the feds began handing out barrels of money, no questions requested. Dementia Joe Biden likes to speak about $186,000 (which he generally calls $186) that Rep. Marjorie Taylor Green collected for her enterprise.
However, Brandon by some means by no means mentions an organization generally known as EDI Associates, through which Paul Pelosi has an 8.1 p.c curiosity.
Pelosi’s firm was “forgiven” its $1.7-million “loan.”
Some native derelict ex-pols did fairly properly with this largest welfare program of all time. I bear in mind a former legislator a few years in the past bragging that his spouse had simply scored $12,000 for her tiny enterprise.
“Putting in a new bathroom!” he stated.
I maintain a file with current headlines and tales:
“’Deplorable’: Ex-Stonecrest (GA) mayor gets 57 months in COVID fund fraud case… Two California fugitives flee FBI to luxury Montenegro exile…. Rapper Nuke Bizzl pleads guilty to $1.2M COVID relief fraud after bragging in video… Queens mail carriers busted in alleged $16M fraud scheme….”
Most of those scammers spent the cash on medicine, playing, Bentleys – vital stuff, in different phrases.
Consider one Vinicius Santana, 34, of Boca Raton FL, previously of Revere, who was convicted of stealing $2.5 million in PPP funds. He bought three loans claiming to have three staff in a home-care firm. After realizing how there was completely no one minding the shop, on his fourth mortgage he claimed 154 staff.
According to the feds’ press releases, along with the same old actual property and luxurious automobiles, Vinicius “invested in cryptocurrency.”
Cryptocurrency… or kleptocurrency, a la Sam Bankman-Fried? Is it doable that one rip-off artist was swindled by an excellent greater con man? As the unique Flim Flam Man used to say, “You can’t cheat an honest man.”
Easy come, straightforward go, even while you’re speaking $4 trillion. Maybe particularly while you’re speaking $4 trillion.
Source: www.bostonherald.com”