They Stole $300 Billion During The Pandemic.
Police Off The Cuff/Real Crime Stories
Bill Cannon Police off the Cuff/Real Crime Stories
4.4 • 870 Ratings
🗓️ 14 November 2025
⏱️ 22 minutes
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| 0:00.0 | They stole 300 billion during the pandemic. |
| 0:07.7 | In the spring of 2020, the world just stopped. |
| 0:12.4 | As a terrifying new health crisis swept the globe, |
| 0:16.2 | millions of Americans worried about their health, |
| 0:18.8 | their jobs, and their families. |
| 0:21.2 | To keep the country from sinking the the U.S. government responded with the largest financial |
| 0:26.9 | relief effort in history, a multi-trillion dollar lifeline. |
| 0:33.3 | But while the nation was locked down, a different kind of crisis was unfolding. |
| 0:38.4 | Thousands of criminals were getting organized for the biggest heist in American history. |
| 0:44.5 | They didn't need guns or getaway cars. |
| 0:47.6 | They used laptops, lies, and the government's own desperation against it. |
| 0:57.9 | They siphoned away a flood of cash that was meant for struggling families and businesses. We'll likely never know the full extent of the damage, |
| 1:05.4 | but the official estimate is that hundreds of billions of dollars were stolen. |
| 1:12.2 | This is the story of how they did it, |
| 1:14.2 | and the massive ongoing investigation |
| 1:16.6 | to bring more than 3,000 people to justice. |
| 1:22.1 | The perfect storm. |
| 1:24.9 | When Congress passed the $2.2 trillion CARES Act in March 2020, the mission was simple. |
| 1:33.6 | Get money into people's hands and get it there fast. Two programs in particular opened the |
| 1:40.5 | floodgates, the Paycheck Protection Program or PPP, and the economic injury disaster |
| 1:47.7 | loan program known as EIDL. These programs were supposed to be a lifeline. PPP offered loans to |
| 1:57.1 | small businesses to keep their workers on the payroll. Loans that could be forgiven. |
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