No wonder why shitlib propagandists hyped Covid hysteria so enthusiastically. There was
big money in it:
A former Emmy-nominated TV news anchor convicted in a
billion-dollar COVID fraud scheme sent a scandalous text to her partner in crime that joked about cheating the taxpayers.
Stephanie Hockridge-Reis,
who worked for a local station in Phoenix [ABC affiliate KNXV aka ABC15] before becoming a fintech entrepreneur, sent the message to her husband, Nathan Reis, after applying for Payment Protection Program (PPP) loans during the height of the pandemic.
Fintech entrepreneurs who let greed get the better of them might be tempted to innovate new means to exploit the marathon spending spree in Washington that continues even now, though at long last there are
indications that it may wind down prior to financial collapse.
She texted her husband,
“This is us trying to apply for free money — when we don’t quite qualify. lol.”
Who’s laughing out loud now, Stephanie?
The couple was accused of
fraudulently obtaining over $300,000 in PPP loans for themselves, including one application that falsely claimed he was a veteran and an African American.
To maximize freebies, it helps to be “oppressed.”
The two named their fintech firm — which processed more than $12.5 billion in PPP loans — Blueacorn, calling to mind the neoliberal echo chamber Bluesky as well as ActBlue, the primary Democrat fundraising platform, which is
under investigation for widespread fraud. Steer clear of anything with “blue” in its name.
The point of the PPP loan program was to alleviate damage to small businesses caused by Democrat-endorsed Covid tyranny. It set taxpayers back nearly
$1 TRILLION, costing $4 for every $1 in “saved” jobs, driving up inflation and the national debt. Yet again, Big Government’s solution to a problem caused by Big Government caused more problems.