Five IRS employees stole COVID relief funds to buy Gucci, trips to Las Vegas, Justice Department says
Five current or former employees in Tennessee and Mississippi with the Internal Revenue Service (IRS) have been charged with scamming the federal government of hundreds of thousands of dollars in COVID-19 relief funds to bankroll extravagant lifestyles.
The suspects allegedly received money through the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) Program, which were designed to help business owners meet their financial obligations during the pandemic.
"These individuals – acting out of pure greed – abused their positions by taking government funds meant for citizens and businesses who desperately needed it," said U.S. Attorney for the Western District of Tennessee Kevin G. Ritz.
The defendants allegedly submitted false loan applications that collectively sought more than $1 million. They used the money to purchase luxury cars and for travel, including trips to Las Vegas.
http://www.foxbusiness.com/economy/five-irs-employees-stole-covid-relief-funds-buy-gucci-trips-las-vegas-justice-department-says
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