$521 Billion Fraud Landscape: What to Know

$521 Billion Fraud Landscape: What to Know

The federal government lost up to half a trillion dollars to fraud each year over a five-year period, according to an April 15 report from the Government Accountability Office. That’s enough to employ a million people for seven years or purchase a million homes. Federally funded, state-run programs are major targets, according to April 15 testimony from Robert Westbrooks, former federal inspector general. Westbrooks said problems can occur when …

Is the U.S. Losing $500+ Billion Annually to Fraud?

The U.S. loses up to $500 billion annually to fraud, impacting taxpayer dollars and government programs.