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Covid Paycheck Protection Program Has Lost Billions of Dollars to Fraud

Covid Paycheck Protection Program Has Lost Billions of Dollars to Fraud

FromThe Daily Dive


Covid Paycheck Protection Program Has Lost Billions of Dollars to Fraud

FromThe Daily Dive

ratings:
Length:
20 minutes
Released:
Apr 4, 2022
Format:
Podcast episode

Description

Amid shutdowns during the pandemic, the government stepped in quickly to provide much needed financial support to Americans and business owners, but maybe they moved too quickly. One of the plans to help was the Paycheck Protection Program also known as PPP which we now know has been looted by fraudsters to the tune of billions of dollars. The true amount may not be known, but in this program alone it could be about $80 billion and much of it is unrecoverable. To scam the government people inflated the number of employees they had or even created companies out of whole cloth and there was little verification. Laura Strickler, national investigative reporter at NBC News, joins us for the looting of the PPP.




Next, in an update to a story that was first reported on last fall, teen girls are still going to doctors offices with TikTok-related tics and other disorders as well. While some of these tics might seem like Tourette's, they are actually being diagnosed with functional neurological disorders which can include verbal tics and abnormal body movements. New research is supporting other theories that some of these girls were also susceptible to other disorders. Once they got treatment for the tics, other disorders began to develop, but doctors still think that social media videos play a factor. Julie Jargon, family and tech columnist joins us for more.

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Released:
Apr 4, 2022
Format:
Podcast episode

Titles in the series (100)

Start your day with The Daily Dive. News without the noise, told straight. Explore the most interesting news of the day. Connect with the writers, analysts and reporters that know the real story. Hosted by Oscar Ramirez in Los Angeles, this 20 minute podcast will be ready for you when you wake up. (Posted by 6 AM EST)