The fraud total is up to $230 billion
A billion here, a billion there, pretty soon you’re talking about real money.
An announcement by Vance – just the tip of the fraud iceberg?:
“Just since the beginning of the Fraud Task Force that I started under the president’s leadership and direction, we have identified $230 billion of fraud that’s being perpetrated against the American people, and we have halted already $56 billion of that,” Vance told the gathered Cabinet, according to multiple accounts of the meeting.
President Trump, who presided over the meeting, wasted no time tying the findings to his predecessor’s administration, telling those in attendance that the level of corruption and fraud uncovered [from] the Biden years was unprecedented.
Once the payments go out, though, for the most part the money can’t be clawed back. An ounce of prevention is worth a tremendous amount.
More:
The scope of the $230 billion figure is broad, encompassing improper payments, systemic waste, and alleged criminal fraud spanning multiple federal agencies. According to reporting on the matter, the total includes tens of billions of dollars tied to fraudulent or delinquent pandemic-era small business loans, improper Medicaid and Medicare billing claims, unauthorized government contracts, and improper disbursements across state-administered welfare programs.
Of course – and especially if the money is gone for good – prosecutions must follow, as well as convictions, or this will continue. It will most certainly continue anyway if Democrats come to power.
It’s not as though we didn’t already know that government programs invite fraud. But the scope of it is absolutely massive, and we probably are uncovering only a small amount of it. Quite the swamp worthy of drainage.
[NOTE: Here’s an article appearing in the NY Post that focuses on the adult day care industry in New York’s Asian community. It is alleged to be rife with fraud. From the piece:
An investigation by The Post found seniors in a typical scheme get $500-$1000 a month in daycare kickbacks while the facility pockets upwards of $3,000 a month per patient.
According to city and federal data, Flushing’s SADCs billed a total of $733M from 2018-2024, the latest year for which spending figures are available.
From Dr. Mehmet Oz:
“Due to a lack of proper state oversight, these centers have become cash cows for criminal syndicates, who use kickbacks and other illegal practices to steal millions from Medicaid. When Flushing, Queens, alone accounts for roughly 14% of all social adult daycare spending in New York state, it’s pretty obvious that these centers aren’t popping up solely to fulfill a legitimate need in the community,” he told The Post.
There’s much much more at the link.]

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