Vice President JD Vance touts billions of dollars recovered from fraudsters
Vice President JD Vance announced the recovery of billions of dollars from fraudulent programs. He highlighted the efforts of an anti-fraud task force that has reclaimed funds from small business loans, COVID-19 relief, and student aid. Vance emphasized the importance of these recoveries in combating fraud and ensuring aid reaches those in need.
- ▪The anti-fraud task force has recovered hundreds of billions of dollars in fraudulent loans and aid.
- ▪Vance stated that over $22 billion in fraudulent small business loans were referred back to the Treasury.
- ▪An additional $135 billion was recovered from fraud related to COVID-19 relief efforts.
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Politics Vice President JD Vance touts billions of dollars recovered from fraudsters By Josh Christenson Published May 26, 2026, 3:15 p.m. ET See more of our coverage in your search results. Add The New York Post on Google Vice President JD Vance claimed Tuesday an anti-fraud task force has worked to recover hundreds of billions of dollars in fraudulent small business loans, COVID-19 relief and student aid. “We referred over $22 billion in fraudulent small business loans back to the Treasury for collection,” Vance said at a White House event Tuesday.
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