In more news of the "no shit" department...
A few weeks ago I read about some non-White's that defrauded ~$14 million from the government through this program and sent a lot of it over seas to family in India where the gov will never be able to recover it even if they end up in jail.
Archive: https://archive.today/w9xTo
From the post:
>The Internal Revenue Service said Thursday a review of 1 million claims for the Employee Retention Credit representing $86 billion shows the “vast majority” are at risk of being improper.
The ERC was designed to help businesses retain employees during pandemic-era shutdowns, but it quickly became a magnet for fraud. Its complex eligibility rules allowed scammers to target small businesses, offering help applying for the ERC for a fee — even if they didn’t qualify.
In more news of the "no shit" department...
A few weeks ago I read about some non-White's that defrauded ~$14 million from the government through this program and sent a lot of it over seas to family in India where the gov will never be able to recover it even if they end up in jail.
Archive: https://archive.today/w9xTo
From the post:
>>The Internal Revenue Service said Thursday a review of 1 million claims for the Employee Retention Credit representing $86 billion shows the “vast majority” are at risk of being improper.
The ERC was designed to help businesses retain employees during pandemic-era shutdowns, but it quickly became a magnet for fraud. Its complex eligibility rules allowed scammers to target small businesses, offering help applying for the ERC for a fee — even if they didn’t qualify.
(post is archived)