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Fraud in State and Federal Programs and Dark Money Funding Web

Vambram

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Wednesday, February 11, 2026

WASHINGTON — Yesterday, U.S. Senator Josh Hawley (R-Mo.) chaired a hearing in his Homeland Security Subcommittee exposing the widespread fraud in state and federal programs, as well as the dark money groups sponsoring radical left-wing subversion in America’s streets.

“You testified that about a trillion dollars you think is lost in fraud every year. Where’s this money going?” Chairman Hawley asked Haywood Talcove, CEO of Lexis Nexis Risk Solutions.

Talcove responded, “It goes to terrorism, it goes to child trafficking, it goes to drugs… and then it’s used to purchase luxury items, cars, purses, homes. That’s all funded by people like me that pay taxes… $115 million an hour.”

Senator Hawley asked, “How do they get their hands on it?”

Talcove answered, “They go into programs that they know elected and appointed officials won’t touch, and they can steal at scale. And what happened really was during the pandemic… they learned a valuable lesson: the government never runs out of money and the probability of getting caught is virtually zero.”

 

Maria Billingsley

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Wednesday, February 11, 2026

WASHINGTON — Yesterday, U.S. Senator Josh Hawley (R-Mo.) chaired a hearing in his Homeland Security Subcommittee exposing the widespread fraud in state and federal programs, as well as the dark money groups sponsoring radical left-wing subversion in America’s streets.

“You testified that about a trillion dollars you think is lost in fraud every year. Where’s this money going?” Chairman Hawley asked Haywood Talcove, CEO of Lexis Nexis Risk Solutions.

Talcove responded, “It goes to terrorism, it goes to child trafficking, it goes to drugs… and then it’s used to purchase luxury items, cars, purses, homes. That’s all funded by people like me that pay taxes… $115 million an hour.”

Senator Hawley asked, “How do they get their hands on it?”

Talcove answered, “They go into programs that they know elected and appointed officials won’t touch, and they can steal at scale. And what happened really was during the pandemic… they learned a valuable lesson: the government never runs out of money and the probability of getting caught is virtually zero.”

Sounds like it started with no oversight by the Trump Administration. Imagine all the free money given to Billionaires by this administration.

The Trump Administration (2017–2021): The initial pandemic relief programs, such as the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL), were signed into law under President Trump in early 2020. Because these programs prioritized speed to prevent an economic collapse, security verifications were often bypassed. It was during this time that international criminal syndicates first "learned the lesson" mentioned in the hearing—that the government was distributing massive amounts of money with very little oversight.
 
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MarcusGregor

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Sounds like it started with no oversight by the Trump Administration. Imagine all the free money given to Billionaires by this administration.

The Trump Administration (2017–2021): The initial pandemic relief programs, such as the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL), were signed into law under President Trump in early 2020. Because these programs prioritized speed to prevent an economic collapse, security verifications were often bypassed. It was during this time that international criminal syndicates first "learned the lesson" mentioned in the hearing—that the government was distributing massive amounts of money with very little oversight.
And Trump fired the overseers.
 
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