A freshwater spring bubbles amid the mangroves, cabbage palms and red cedars on Sweetheart Island, a two-acre uninhabited patch of paradise about a mile off the coast of this little Gulf Coast town.
Pelicans divebomb nearby into the cool waters of Florida’s Withlacoochee Bay and the open view westward holds the promise of dazzling sunsets.
It may have seemed like an ideal getaway for Florida businessman Patrick Parker Walsh.
Instead, he’s serving five and half years in federal prison for stealing nearly $8 million in federal COVID-19 relief funds that he used, in part, to buy Sweetheart Island.
While Walsh’s private island ranks among the more unusual purchases by pandemic fraudsters, his crime was not unique.
He is one of thousands of thieves who perpetrated the greatest grift in US history.
They potentially plundered more than $280 billion in federal COVID-19 aid; another $123 billion was wasted or misspent.
The loss represents close to 10% of the $4.3 trillion the US government has disbursed to mitigate the economic devastation wrought by the COVID-19 pandemic, according to an analysis by The Associated Press.
An AP review of hundreds of pandemic fraud cases presents a picture of thieves and scam artists who spent lavishly on houses, luxury watches and diamond jewelry, Lamborghinis and other expensive cars. --->READ MORE HERE
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A freshwater spring bubbles amid the mangroves, cabbage palms and red cedars on Sweetheart Island, a two-acre uninhabited patch of paradise about a mile off the coast of this little Gulf Coast town.
Pelicans divebomb nearby into the cool waters of Florida’s Withlacoochee Bay and the open view westward holds the promise of dazzling sunsets.
It may have seemed like an ideal getaway for Florida businessman Patrick Parker Walsh. Instead, he’s serving five and half years in federal prison for stealing nearly $8 million in federal COVID-19 relief funds that he used, in part, to buy Sweetheart Island.
While Walsh’s private island ranks among the more unusual purchases by pandemic fraudsters, his crime was not unique. He is one of thousands of thieves who perpetrated the greatest grift in U.S. history. They potentially plundered more than $280 billion in federal COVID-19 aid; another $123 billion was wasted or misspent.
The loss represents close to 10% of the $4.3 trillion the U.S. government has disbursed to mitigate the economic devastation wrought by the COVID-19 pandemic, according to an analysis by The Associated Press.
An AP review of hundreds of pandemic fraud cases presents a picture of thieves and scam artists who spent lavishly on houses, luxury watches and diamond jewelry, Lamborghinis and other expensive cars. The stolen aid also paid for long nights at strip clubs, gambling sprees in Las Vegas and bucket-list vacations.
Their crimes were relatively simple: The government’s goal was to get cash into the hands of struggling people and businesses with minimal hassle, particularly during the early stages of the COVID-19 crisis. Safeguards to weed out the swindlers were dropped. As Walsh’s case and thousands of others have shown, stealing the money was as easy as lying on an application. --->READ MORE HEREFollow links below to relevant/related stories and resources:
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