Watchdog: U.S. Government Issued $5.4 Billion in ‘Potentially Fraudulent Pandemic Loans’

The Pandemic Response Accountability Committee (PRAC), a federal watchdog overseeing pandemic-era spending, found that the U.S. government issued $5.4 billion in “potentially fraudulent pandemic loans,” according to a report released Monday.

PRAC identified 69,323 “questionable” Social Security Numbers in connection with the $5.4 billion in loans.

The report explained:

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