The U.S. Secret Service has some 700 pending investigations centering on Paycheck Protection Program and the Unemployment Insurance Relief fraud, CNBC reported on Wednesday, and a large number of them involve money laundering via Cash App, PayPal, Venmo, Zelle, and other payment apps.
Read more…
Source : Feds Say Cash App, Venmo, and Other Payment Apps Being Used to Launder Stimulus Money
