More Than 500 JPMorgan Employees Inexplicably Got Emergency Virus Relief Funds
In much of the world the investment bankers are a separate class.
(From Zerohedge)
A few days later, we also found out that not only did JPM employees allegedly enable fraud by clients when obtaining PPP loans, the largest US bank also found that some of its employees themselves “improperly applied for and received”, i.e. stole, Covid-relief money that was intended for legitimate U.S. businesses hurt by the pandemic.
The bank discovered the actions, which were tied to the Economic Injury Disaster Loan program, “after noticing that suspicious amounts of money had been deposited into checking accounts owned by bank employees.”
This article was originally posted here: https://www.ac2news.com/2020/10/more-than-500-jpmorgan-employees-inexplicably-got-emergency-virus-relief-funds/.
