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From:Clerk of the Board
To:Mutony, Heather
Cc:Lee, Lewis
Subject:Board Correspondence - FW: The COVID Fraud Boom
Date:Monday, January 5, 2026 4:41:50 PM
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Please see Board Correspondence -
From: lance dreiss <lancedreiss@att.net>
Sent: Saturday, January 3, 2026 9:29 PM
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Subject: The COVID Fraud Boom
Public Record
The Covid Fraud Boom
“The Fraud Industrial Complex took off during Covid: The Small Business Administration
estimates $64 billion in fraudulent PPP loans -- other esimates run to $80 billion.
Given the median PPP loan was 20,000 so that implies 4 million people should be in prison
right now.
Toss in the Covid-era Economic Injury loans, where up to $200 billion was stolen. These
averaged $100,000, implying another 2 million felons.
So take Minnesota Somalis, multiply by 20 blue states, dozens of nationalities -- eight Indian
gas stations in Texas, for example, got 32 million in SBA loans. In case you wonder why
Indians and not Americans own the 7/11s.
What’s Next
Long-standing government estimates of fraud run north of $500 billion a year. Elon thinks it’s
closer to a trillion and half, which seems right given what’s being exposed.
That would be roughly half of income taxes. In fact, it’s enough to exempt every American
from income tax up to $200,000.
This is leading Americans people to suggest maybe we should stop paying tax until
government gets control of the fraud.
The left is responding how
you’d expect. Minnesota
Governor Tim Walz calls
Somali fraud probes “white
supremacy.” While MSNBC
says Trump’s making it up cos
he’s racist.
But Shirley has set off a nationwide movement by citizen journalists to expose fraud.
Incentivized by the fact whistleblowers get 15-30% of recoveries -- in case you’re looking for
a side gig.
A hundred million Americans are pissed off. Unless we see a lot of people in handcuffs we’re
this close to a taxpayer revolt the IRS couldn’t hope to keep up with.”
diana dreiss