News-News.Zip

News in English (USA) / 15.09.2026 / 01:00

VP JD Vance announces major crackdown on COVID-era loan fraud, suspending 870,000 individuals

In a significant move against COVID-era fraud, Vice President JD Vance announced that approximately 870,000 individuals suspected of defrauding federal relief programs will be permanently barred from future government loans. This announcement, made during a recent event in Kansas City, highlighted the discovery of $245 million in losses linked to fraudulent activities. Vance emphasized the urgency of addressing fraud against taxpayers and warned those involved to reconsider their actions. The operation, part of a larger fraud task force initiative, seeks to ensure accountability and protect taxpayer funds amid ongoing investigations and indictments across the nation.
cbsnews.com, kmbc.com, Fox News, KSHB 41 Kansas City, Bloomberg.com, thehill.com, USA Today, Yahoo, Hays Post, New York Post