The U.S. government faces significant losses due to fraud, with estimates ranging from $233 billion to $521 billion annually. Efforts are being made to combat fraud, including the creation of a special task force by the Justice Department. Senator Rick Scott highlights the issue, emphasizing the need to address wasteful spending.
Every year, the U.S. government loses over $233 BILLION of your dollars to fraud. That’s more than the budget of the United States Air Force or the Army! This is the kind of wasteful spending Washington doesn’t want you to know about, but I’m fighting to stop. https://t.co/wedtzpVnhq
US government's annual fraud losses exceed $233 billion - The Washington Post The United States government likely loses between $233 billion and $521 billion annually to fraud, The Washington Post reports, citing data from the Government Accountability Office. The Government… https://t.co/YDeR1EEEaY
The U.S. Government Accountability Office, a nonpartisan agency that reports to Congress, said in a release Tuesday that the federal government could lose $233 billion to $521 billion annually due to fraud. https://t.co/sjTbLqdW3J
NEW: Fraud and corruption are so rampant in the U.S. government’s mammoth pandemic relief program that the Justice Department created a special COVID-19 Fraud Enforcement Task Force (CFETF) to crack down on scams and recover some of the stolen funds. READ: https://t.co/olwHrzaniJ https://t.co/j333uR5hl8
The U.S. government may have lost $1.6 trillion as a result of fraud between 2018 and 2022, according to GAO. https://t.co/gf6nfIfJAa
As hundreds of billions of dollars are wasted, new bill would combat fraud https://t.co/Rgrykvbdbi https://t.co/Rgrykvbdbi