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So it's not 20 million checks, then?
by loktarogar 2y ago
So it's not 20 million checks, then?
- MrBuddyCasino 2y agoToo early to tell. But if the Covid PPP Loan Fraud is any indication, the potential is massive.
- loktarogar 2y agoHere's how to tell, far easier: take the number of people receiving checks in that age bracket. From what I read, it was 44,000 ish, but I can't verify that. If it's not - it's still going to be a number far less than 20 million. Do all those people have correct data? If not, correct that. If they do, then there's no fraud. And even after that, even if the data is incorrect, it doesn't mean there's fraud. You have to go case by case to check if they're actually being collected and not just sitting somewhere. So .. yes. There's potential for fraud, but we're not going to (accurately) know about the scale for a long time, and it's definitely not going to be on the scale of 20 million recipients.