The Paycheck Protection Program launched with $800 billion in forgivable loans to support small businesses during COVID-19, but rushed implementation with minimal verification created “the biggest fraud in a generation.” SBA Inspector General estimates $200+ billion in fraudulent loans - …
Small Business AdministrationTreasury DepartmentCongressfraudcorruptionsystematic-corruptionregulatory-failurewealth-inequality
Federal prosecutors unveiled Operation Varsity Blues, the largest college admissions fraud case ever prosecuted, charging 50 people including wealthy parents and university coaches. Mastermind Rick Singer ran a $25 million bribery scheme (2011-2018) through his firm The Key, facilitating fraudulent …
Rick SingerLori LoughlinFelicity HuffmanU.S. Attorney Andrew LellingFBIfraudcorruptioneducationinstitutional-capturewealth-inequality
Boris Yeltsin resigned as President of Russia on December 31, 1999, elevating Prime Minister Vladimir Putin to Acting President six months before scheduled elections. The succession had been carefully engineered by Yeltsin’s oligarchic allies, known as ’the family,’ who began …
Boris YeltsinVladimir PutinBoris BerezovskyVladimir GusinskyMikhail Khodorkovsky+2 morerussiaputinyeltsinoligarchskleptocracy+5 more
President Roosevelt signs the Servicemen’s Readjustment Act (GI Bill) on June 22, 1944, creating transformative benefits for veterans including education, housing, and unemployment assistance. However, Southern Democrats, led by Mississippi Representative John Rankin, ensure the bill’s …
Franklin D. RooseveltCongressJohn RankinVeterans AdministrationAmerican Legionracial-discriminationwealth-inequalityhousing-policyeducation-policyfederalism-exploitation