I wonder what they spent the money on

Comic books, Air Jordans, Eras Tour Tickets, Disneyland/World tickets, a lifetime supply of Air Heads, a back to the future clone car?

DOGE Says It Found $312 Million in Loans That Were Given to Children During Pandemic

Also about that much to dead people. All of it of course was fraud coming from PPP money, some of which was orchestrated criminal and even foreign activity.

The problem was a complete lack of research and checking in a rush to throw money out the window during the pandemic. Also a lack of proper record keeping leading up to it, which goes to thinks like the Social Security database not being properly maintained.

Also a lack of proper record keeping leading up to it, which goes to thinks like the Social Security database not being properly maintained.

Ahh, the good ole death master list. 4 times each year I went to Winston-Salem NC for 2 weeks of office work. It was kinda like the work DOGE is doing except that our work was completed before the funds left the bank.

I would get a list of a few hundred names, and each name was attached to a federal insurance policy. Company I worked for serviced the federally created insurance policy, and when claims were filed by the insured, we sent out adjusters that were on our payroll, instead of adjusters attached to FEMA, and if the adjuster submitted a claim to the home office for payment, a member of the office staff verified the policy info and if all was correct, the indemnity check was sent to the customer. They were responsible for verifying the identity of the insured, by name, SSN, and policy number address. If they could not identify the insured by Name AND SSN, they had to put the claim to the side and move on to the next one.

That was the pile I would start working with trying to identify the entity. We could not mail out the check until I verified all the info. I spent lots of hours searching the death master list, then searching newspaper obituaries, then making phone calls.

There was never any way for me to determine if someone failed to notify the SSA of the insured's passing, if the insured gave an incorrect number to the agent. or if the office staff at the SSA dropped the ball. Regardless, that 21 years of office experience gave me a heads up on how the money could incorrectly flow out the door if the back stop failed to do their job correctly.