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Justice Department Probing Widespread Stimulus Fraud
The Fiscal Times ^ | April 6, 2012 | By ERIC PIANIN

Posted on 04/07/2012 9:45:08 AM PDT by Oldeconomybuyer

In what is shaping up as another troubled chapter in the saga of the Obama Administration’s economic stimulus program, the Justice Department is investigating whether billions of dollars worth of federal highway and transportation programs are rife with fraud and abuse.

Federal investigators have uncovered widespread financial management problems with many of the projects. As of early March, federal authorities were investigating 66 cases of alleged false statements, bid rigging, fraud and embezzlement, according to a report by Calvin L. Scovel III, the Department of Transportation’s inspector general. Justice Department lawyers are scouring 47 of those cases for potential prosecution, according to Scovel.

Twenty-five of those cases involve alleged fraud by minority-owned or operated enterprises that received preferential treatment in the awarding of the contracts, while 22 involve allegations of false claims.

The investigations into a signature Obama administration economic program could add to President Obama’s political headaches as he campaigns for reelection this fall.

(Excerpt) Read more at thefiscaltimes.com ...


TOPICS: Crime/Corruption; Government; News/Current Events; Politics/Elections
KEYWORDS: failure; fraud; obamanomics; porkulus; stimulus
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1 posted on 04/07/2012 9:45:13 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer
"Justice Department Probing Widespread Stimulus Fraud"

Yeah, sure...

2 posted on 04/07/2012 9:47:30 AM PDT by Baynative (Please check this out - http://www.youtube.com/watch?v=fFIcZkEzc8I)
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To: Oldeconomybuyer

OMG! This is terrible! Who would have thought fraud might occur in the bumbling rush to throw money at projects the government should have been saving for anyway?!?!?!?!?!?!?!?


3 posted on 04/07/2012 9:48:07 AM PDT by Psycho_Bunny (Burning the Quran is a waste of perfectly good fire.)
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To: Oldeconomybuyer

LOL! Funny headline.


4 posted on 04/07/2012 9:49:25 AM PDT by FlingWingFlyer (The libs don't want to save da planit. If they did, they'd boycott BIG oil and petroleum products.)
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To: Oldeconomybuyer
Twenty-five of those cases involve alleged fraud by minority-owned or operated enterprises that received preferential treatment in the awarding of the contracts...


5 posted on 04/07/2012 9:50:43 AM PDT by Fresh Wind ('People have got to know whether or not their president is a crook.' Richard M. Nixon)
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To: Oldeconomybuyer

How about the Democrat’s false claim of?

“...this bill will provide 3.5 million jobs in the next two years,” said Klobuchar, “90% of them will be in the private sector”

Senator Klobuchar (D-Mn) 2009
http://www.youtube.com/watch?v=goTYOjh2q9M&feature=related


6 posted on 04/07/2012 9:55:30 AM PDT by Son House (The Economic Boom Heard Around The World => TEA Party 2012)
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To: Oldeconomybuyer

Where has Sheriff Joe Biden been!


7 posted on 04/07/2012 10:01:35 AM PDT by DCmarcher-976453
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To: DCmarcher-976453
Where has Sheriff Joe Biden been!

"Road Island".

8 posted on 04/07/2012 10:04:52 AM PDT by Calvin Locke
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To: Oldeconomybuyer

If this DOJ probes anything attached this administration it is exclusively meant to locate and destroy any files associated to criminal activities


9 posted on 04/07/2012 10:10:03 AM PDT by drypowder
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To: Oldeconomybuyer
Even what the regime would call "good" projects would make your hair curl. Two years ago on my annual trip to Big Bend on the Harley I saw sections of curbing, like you would see on a city street in the middle of the park. Every 6 or 8 miles there would be an Obama sign and 60 to 100 feet of curb. I guess it was so the rattlesnakes and scorpions would feel urban.

To anyone who has never been to Big Bend Nat'l Park it is 801163 acres with over 100 miles of paved road.

10 posted on 04/07/2012 10:17:40 AM PDT by Feckless (I was trained by the US << This Tagline Censored by FR >> ain't that irOnic?)
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To: Oldeconomybuyer

The JUSTICE Dept???

The United States of America JUSTICE Dept?

The Department headed by Eric Holder???

What a crap sandwich this is going to be.

That is like letting the Fox determine who got into the henhouse & killed all the chickens!!!

Give me one single reason why anyone should believe anything from this collosal waste of time and money.


11 posted on 04/07/2012 10:19:57 AM PDT by ridesthemiles
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To: Oldeconomybuyer

November 17, 2010

http://www.federaltimes.com/article/20101117/AGENCY05/11170305/1001

“Remember what critics were saying in the beginning? Go back and Google it. They said there’s no way this can be done without massive fraud,” Biden said. “I stand before you today to say firmly, our critics were wrong because of you.”

Biden, dubbed the Recovery Act’s “Sheriff Joe” by President Obama, spoke Tuesday to about 500 federal prosecutors, auditors and investigators at the National Procurement and Grant Fraud Conference.


12 posted on 04/07/2012 10:23:31 AM PDT by maggief
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To: Oldeconomybuyer
Holder and company of his thugs are only looking for leverage against unions and various other democratic entities that benefited from "Obama Money" to make sure they pony up big for 2012 Obama campaigner in chief fund...

I'm sure they will be passing out "get out of jail free" cards for every $500,000 donation

Any conservative entity that got funding might as well pack their bags for prison...and the NYT driven scandal

13 posted on 04/07/2012 10:23:48 AM PDT by Popman (America is squandering its wealth on riotous living, war, and welfare.)
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To: DCmarcher-976453
Where has Sheriff Joe Biden been!

Getting ready to be thrown under the bus to make room for Hillary!

14 posted on 04/07/2012 10:27:12 AM PDT by Amntn
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To: Oldeconomybuyer

Campaign kickback. Walking around money for the movers and shakers. Obama scratches your back, you give some scratch to the DNC...


15 posted on 04/07/2012 10:35:48 AM PDT by a fool in paradise (Barack Obama continued to sponsor Jeremiah Wright after he said "G.D. AMERIKKA!"Where's the outrage?)
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To: Oldeconomybuyer

Sure they are. They are the ones promoting it.


16 posted on 04/07/2012 10:40:29 AM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: Oldeconomybuyer

Gee, who saw this coming? And wasn’t Biden supposed to be on top of this sort of thing?


17 posted on 04/07/2012 11:01:21 AM PDT by lowbridge (Rep. Dingell: "Its taken a long time.....to control the people.")
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To: Baynative
Yeah, sure...

You beat met to it!

18 posted on 04/07/2012 11:13:31 AM PDT by fedupjohn
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To: Oldeconomybuyer
Twenty-five of those cases involve alleged fraud by minority-owned or operated enterprises that received preferential treatment in the awarding of the contracts,

Well fancy that, who would have *thunk* it.

19 posted on 04/07/2012 11:17:03 AM PDT by The Cajun (Palin, Free Republic, Mark Levin, Newt......Nuff said.)
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To: Oldeconomybuyer

Biden was in charge of handing out the checks. Why would anyone be surprised there’s fraud? What pisses me off is there was once a republican in the WH and both houses of congress were controlled by republicans. Yet the fraud and waste just kept getting worse.


20 posted on 04/07/2012 12:11:05 PM PDT by Terry Mross ("It happened. And we let it happen." - Peter Griffin, Family Guy)
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