Posted on 02/12/2025 10:55:02 AM PST by AndyJackson
GAO's summary:
No area of the federal government is immune to fraud. We estimated that the federal government could lose between $233 billion and $521 billion annually to fraud.
Given the scope of this problem, a government-wide approach is required to address it. The Office of Management and Budget, working with agencies and the oversight community, should develop guidance to improve fraud-related data—providing a more uniform approach to what data is collected and how.
Also, Treasury should identify methods to expand government-wide estimates of fraud—prioritizing higher-risk program areas.
(Excerpt) Read more at gao.gov ...
THe now-fired IGs all had this and found or did nothing to mitigate the fraud. Even on notice that this was happening under their noses, they still did nothing.
So, we have to call the dogs:
And the feral judges are tasked to preserve the graft at all costs.
233 to 521 is quite a spread.
Fraud is the RAT name for it.
THIEVERY IS WHAT EVERYONE ELSE CALLS IT.
They didn’t have autists with AI programs working on all the financial transactions of an agency.
Loses 500 billion to fraud?
Not only would that be criminal but the government is claiming innocence her. The GAO is claiming victim hood for the government
I know my leftist family members want to pretend the govt is getting defrauded but logical people realize this is about the government def
Braiding its resources.
One half a drop in that bucket is 20% of my income the govt takes from me to squander or misappropriate
And doubtless that spread is the exact amount of net gain the members of Congress realize each year.
“USGAO: 2018-2022 Data Show Federal Government Loses an Estimated $233 Billion to $521 Billion Annually to Fraud”
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And I guarantee that number went up DRAMATICALLY in 2023-2024.
Why did Joe Biden have 6 multi million dollar personal homes in good real estate areas?
How did the GAO and the IRS let that past them?
This does not count the similar fraud that happens to the Federal Funds when they hit the state and local level.
The last audit of LA County finances suggested that over 50% of Los Angeles County social services and other transfer payment spending was fraudulent.
News reports of the audit findings were punctuated with Cal State commercials advertising how virtually all Californians could qualify for California social service transfer payments of one form or another and gave a hot line number so interested parties could get help signing up for public money.
Down here on the ground, we call that theft
following...
People need to go to prison for a very long time. The ones at the top of the food chain and the middle people and anyone else that saw this happening and okayed it.
Yeah, it’s troubling that that’s as closely as they can pin it down.
And nothing was done or even much said by either side of the aisle.
This will not be solved by people receiving government salaries.
It will have to be identified and wiped out by an outside entity like DOGE.
Any charts that show how many programs the democrats passed to create fraud?.
IMHO it is at least 3 times that much.
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