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The Fox News Rundown

COVID Fraud: Where Did The Billions Of Dollars Go?

The Fox News Rundown

FOX News Podcasts

News, Daily News, Politics

3.41.7K Ratings

🗓️ 15 February 2023

⏱️ 32 minutes

🧾️ Download transcript

Summary

During the height of the pandemic, Congress swiftly approved trillions of dollars in COVID relief funds, but the US Department of Labor estimates that hundreds of billions of those funds were fraudulent. At the beginning of February, the GOP-led House Oversight Committee began investigating how COVID-19 programs like Paycheck Protection Program loans and enhanced unemployment insurance were unprepared for the exploitation they quickly faced from scammers. FOX News Senior Congressional Correspondent Chad Pergram joins the Rundown to explain why COVID relief fraud was so prevalent and how Congress aims to reclaim the billions defrauded from these programs. Later, FOX Business Correspondent Grady Trimble joins to discuss the methods fraudsters used and the chances the federal government has in convicting these criminals and recovering the money. Last Monday, a 7.8-magnitude earthquake devastated southern Turkey and northern Syria, and only nine hours later, a 7.5-magnitude earthquake struck the area once more. The quakes, along with their aftershocks, collapsed thousands of buildings and took the lives of tens of thousands of people, with a death toll that continues to rise. Although it has been over a week since the disaster, people refuse to give up hope when it comes to the search for survivors. John Morrison is a member of the US AID's Urban Search and Rescue Team from Fairfax County, Virginia. He joins the Rundown from Adiyaman, Turkey, to discuss what he's seeing at the scene and how he and his team are working to rescue survivors amid all the wreckage. Plus, commentary by New York Post columnist Karol Markowicz. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I'm Stuart Vaughnick.

0:01.0

I'm Harris Faulkner.

0:02.0

I'm Brian Kilmeade and this is The Fox News Run Down.

0:09.3

Wednesday, February 15th, 2023, a Lisa Brady.

0:13.9

They were pandemic lifelines.

0:15.7

Now, Congress wants to know how they ended up in the wrong hands.

0:19.6

We were in crisis.

0:20.6

I mean, in crisis of the highest order might be.

0:24.1

And so people weren't too hot worrying about strings being attached and saying, you know,

0:28.6

how do you decide who gets what?

0:31.1

I'm Dave Anthony.

0:33.2

It's been more than a week since Turkey was devastated by an earthquake.

0:38.1

And we take you there as they keep searching for survivors.

0:42.2

We find anybody that's that's a currently alive.

0:44.6

Can we hear them?

0:45.8

The dogs will run over the rubble pile and see if they can detect you and send.

0:50.4

And I'm Carol Markowitz.

0:51.4

I've got the final word on The Fox News Run Down.

0:54.0

This month alone, federal prosecutors have announced multiple convictions for COVID relief

1:03.7

fraud.

1:04.9

Money that was intended to help keep Americans and businesses afloat during the depths

1:08.6

of the pandemic, being tapped instead by people committing wire fraud or money laundering.

...

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