14 people, mostly Indian-origin, charged in alleged $53 mn in US Covid relief fraud

[Hitman]

Maa employer gaadu up to 50 million list lo unnadu… oka 5000 kooda spend cheyyaledu evariki…  . Ippudu commercial real estate down ayyindi gaa… manchi building okati planning to buy…  

[AEO]

2 hours ago, Sixers said:

Konni perlu cheppu report Cheddam

Vethukko ikkada 

https://www.cnn.com/projects/ppp-business-loans/search

[AEO]

2 minutes ago, AEO said:

Vethukko ikkada 

https://www.cnn.com/projects/ppp-business-loans/search

Ikkada data leak chey veelaki. 

https://www.cnn.com/tips/

[Dhed]

https://tips.fbi.gov/home

if you know about some thing , you can report anonymously here in this website 

don’t let people abuse govt policy here and finally we tax payers are being affected. 

[shaktimaan]

biggest scam in recent times, PPP

no oversight, blatant misuse and corruption

anta Trump mahima

[Techsas]

4 hours ago, Sanjiv said:

Ooru MK lu who think they are smarter than the US govt.

now they can enjoy the rest of their lives in - prison!

That won’t happen, may be 1-2 years and then enjoy rest of the life in some islands 

[no01]

1 hour ago, Paamu said:

Correct. But e telivi loans iche mundu enduko ledo naaku artham kaale. Small businesses like restaurants were really impacted ..... vallaki ok.... kaani revenue and expenses choodakunda how did they forgive the PPP loans for consultancies. What magic/fraud chesinaru mestri lu.

covid was once in a life time event...nobody expected something like this to happen and no govt was prepared...all of a sudden ga market collapse aithe em cheyyalo theliyaka ilantivi chesaru....time theesukoni, research chesi ilanti funds release cheyyali ante it will take months/yrs.

I guess future lo malli ilantivi vasthe govt will have some data and learning points

[Paamu]

4 minutes ago, no01 said:

covid was once in a life time event...nobody expected something like this to happen and no govt was prepared...all of a sudden ga market collapse aithe em cheyyalo theliyaka ilantivi chesaru....time theesukoni, research chesi ilanti funds release cheyyali ante it will take months/yrs.

I guess future lo malli ilantivi vasthe govt will have some data and learning points

Correct e kaani it looked more like free loading. Oversight leka poina ok kaani it created more damage ani Naa opinion. Loans ichaaka kooda they have so many ways to verify the credibility which they didnot or May be doing in few cases like this. 
 

So much of  that free money went into real estate, stocks and also unemployment claims sky rocketed. Not many are willing to work. Stimulus vachinappudu happy unnollu now crying. 

[no01]

18 minutes ago, Paamu said:

Correct e kaani it looked more like free loading. Oversight leka poina ok kaani it created more damage ani Naa opinion. Loans ichaaka kooda they have so many ways to verify the credibility which they didnot or May be doing in few cases like this. 
 

So much of  that free money went into real estate, stocks and also unemployment claims sky rocketed. Not many are willing to work. Stimulus vachinappudu happy unnollu now crying. 

totally agree...hope govt ramp up and do more auditing in coming years. Edo news lo chadiva that govt will continue this investigation for a long time ani...so its not 1 - 2 yr thing...2024 lo malli Presi change aina kuda this investigation will continue annaru mari since they created a new department.

big players easy ga doripotharemo...kani chaala mandhi small time LLC unnavallu kuda 20K, 30K ala PPP loans theesukunnaru...vallani kuda pattukovatam kastam.

[sarfaroshi]

3 hours ago, Sixers said:

Konni perlu cheppu report Cheddam

Most of them took

[Konebhar6]

2 hours ago, Paamu said:

Correct. But e telivi loans iche mundu enduko ledo naaku artham kaale. Small businesses like restaurants were really impacted ..... vallaki ok.... kaani revenue and expenses choodakunda how did they forgive the PPP loans for consultancies. What magic/fraud chesinaru mestri lu.

I heard consulting companies have to pay back these loans. I am not sure though. 

All this money came into real estate and stock markets.

[8pm]

21 hours ago, AEO said:

Vethukko ikkada 

https://www.cnn.com/projects/ppp-business-loans/search

👍🏻 

[appaji_pesarattu]

odiyamma.... naaku telisina consultancies anni list lo unnayi... andaru min 500K - 1M minginaru....badcow gallu