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  • Prosecutors crack down on Katrina fraud - billions maybe wasted or stolen - FEMA overpays $174 mil

    10/20/2005 5:42:24 PM PDT · by Libloather · 14 replies · 1,048+ views
    Red Nova ^ | 10/20/05 | Kevin Krolicki
    Prosecutors crack down on Katrina fraud By Kevin Krolicki NEW ORLEANS (Reuters) - Federal prosecutors on Thursday announced a coordinated initiative to fight fraud related to Hurricane Katrina and said billions of dollars in hurricane relief funds were at risk of being wasted or stolen. The anti-fraud command center will include representatives from the FBI, tax authorities, Secret Service and state and local police. The storm-battered Gulf Coast region is preparing for an influx of federal money that could top $200 billion. "We all know why we are here," assistant FBI director Chris Swecker said at a meeting of officials...