This started off as post about checking in on the ‘War on fraud’. I thought we could kind of touch base and see how things were going. Not a bad idea. I’m all about keeping all of these crimes in the headlines, because we, the American taxpayer have been ripped off for ages. Decades. The fraud didn’t start yesterday. It’s been going on for a long, long time.
We need to raise our expectations big time when it comes to this war on fraud. We’re talking about the mother of all grifts. The greatest scam of all time. Trillions of dollars. Trillions!
NGO’s and Non-profits and USAID (they closed the office but it’s still around)
So, while we celebrate the efforts of JD Vance and the whole ‘War on Fraud’ crew, just know that our expectations are very high. A few million here and a few million there is a good start, but we want trillions. We want people to go to jail. We want the ringleaders in cuffs. And then we’d like to reexamine our tax code. We’re not going to continue funding the fraud.
90 mill is good. Who was behind it? Who was in charge of this one?
Agreed. There is a lot of smoke here. Let’s find the fire.
And the fraud is everywhere. I reckon it’s all 50 states and every US territory. If the taxpayers are footing the bill? There is going to be fraud. That’s how I see it.
Again, we applaud the effort here. We want more. So much more.
Tens of Billions is a better number. Let’s kick that up a couple notches to hundreds of billions.
Here’s the number from the Government Accountability Office. And this data is old. And it comes out of a government office. I’m sure the real number is insanely higher. But they are saying maybe $500 Billion of our dollars. It’s insane.
The U.S. Government Accountability Office (GAO) estimates direct annual losses to fraud (intentional misrepresentation for gain) across federal programs at $233–521 billion, based on 2018–2022 data. This represents roughly 3–7% of relevant federal spending.
aeaweb.org
So, good job War on Fraud peeps. Keep racking up those wins. We need more. So much more.
