New York City to hand out $53 million (up to 12 Billion) in pre-paid credit cards to illegal crimmigrants
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New York City will soon launch a $53 million pilot program to hand out pre-paid credit cards to migrant families housed in hotels, according to a report.
The New York Post, citing city records, reported that 500 migrant families at the Roosevelt Hotel will receive pre-paid cards to help them buy food. The program is intended to replace the current food service provided there, the Post reported.
"Not only will this provide families with the ability to purchase fresh food for their culturally relevant diets and the baby supplies of their choosing, but the pilot program is expected to save New York City more than $600,000 per month, or more than $7.2 million annually," a spokesperson for New York City Mayor Eric Adams told the paper in a statement.
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The pre-paid cards may only be used at bodegas, grocery stores, supermarkets and convenience stores. Migrants eligible for the program must sign an affidavit stating they will only spend the funds on food and baby supplies, or else they would lose access to the funds, the report said.
Oh yeah. Make them "sign a statement." That'll definitely make fraud not happen.
But wait for it. It just gets better.
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"MoCaFi looks forward to partnering with New York City to disburse funds for asylum seekers to purchase fresh, hot food, MoCaFi CEO and founder Wole Coaxum told the Post. "MoCaFi’s goal is to expand access to financial resources for individuals excluded from banking, such as asylum seekers, while helping the local economy."
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MoCaFi is committed to building a financial services platform that helps America’s marginalized communities create wealth through better access to public, private, and social capital. We are a fintech built for government and non-profit organizations committed to creating finance for all. Our platform is a turnkey digital banking solution for delivering cash payments, deposit accounts, and wealth empowerment tools at the city, state, and federal levels.
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And it gets even better still.
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City officials said that if the pilot program is a success with the initial 500 migrant families, it will be expanded to all migrant families staying in hotels, which is 15,000 currently.
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Mayor Adams has decried the arrivals as a humanitarian crisis and said that providing food and housing for the migrants will cost the city about $12 billion over three years.
https://www.msn.com/en-us/news/us/ne...f72e71e5&ei=86
