Report: Over $200 billion in COVID-19 loans may have been stolen

A new report shows more than $200 billion meant to help struggling businesses during the pandemic may have been stolen. The report estimates that at least 17% of the $1.2 trillion doled out by the Small Business Administration was stolen by fraudulent pandemic claims. SEE MORE: IRS says it still owes taxpayers $1.5 billion in 2019 refunds.