Congress has already passed an extension of the statutes of limitation for SBA's other Covid relief programs. With bipartisan support, this body came together against fraud, and we need to again. Pandemic program fraud investigations have already uncovered $57 billion in fraud and issued 1,200 indictments. The SBA is currently conducting a manual review of over $3 billion in restaurant revitalization Fund awards. But in this program alone, more than $9.5 billion of awards still require review. (01:56–02:09)
CLAIM
Asserts that $57 billion in fraud has been uncovered and 1,200 indictments issued in pandemic program fraud investigations.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
