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DOJ Says Covid Loan-Fraud Crackdown Finds $245 Million in Losses

Source: Bloomberg

Legal & LitigationRegulation & LegislationPandemic & Health Events

The US Justice Department said its summer federal crackdown uncovered hundreds of millions of dollars in fraud involving Covid-relief programs. Prosecutors brought criminal charges against dozens of defendants, underscoring ongoing legal and oversight risks tied to pandemic-era aid.

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