IRS-CI releases COVID fraud statistics ahead of the 3rd anniversary of the CARES Act Agency has investigated 975 COVID-related fraud cases with alleged fraud totaling $3.2B
LOS ANGELES – Three years after the enactment of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, IRS Criminal Investigation (IRS-CI) has investigated 975 tax and money laundering casesrelated to COVID fraud with alleged fraud in these cases totaling $3.2 billion. These cases include a broad range of criminal activity, including fraudulently obtained loans, […]