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re: If fraud was an agency, it would be federal government’s sixth largest
Posted on 4/17/24 at 6:44 pm to djmed
Posted on 4/17/24 at 6:44 pm to djmed
quote:
The U.S. Government Accountability Office estimated annual fraud costs taxpayers between $233 billion and $521 billion annually, according to a new report published Tuesday. The fraud estimate’s range represents 3% to 7% of average federal obligations. The estimate was based on data from fiscal years 2018 through 2022.
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