Particle.news
Download on the App Store
4 ARTICLES
·
3d ago

Vance Says Task Force Identified $230 Billion in Fraud and Halted $56 Billion

Administration officials say the new measures are meant to protect taxpayer dollars by blocking improper federal payments.

Vice President JD Vance speaks in Milwaukee, Wisconsin. | Getty Images
US Vice President JD Vance speaks during a swearing in ceremony for Pete Hegseth, US secretary of defense, not pictured, in Washington, DC, US, on Saturday, Jan. 25, 2025. Hegseth will become the next secretary of defense after a Senate majority confirmed President Donald Trump's choice despite his lack of high-level experience and allegations, which he denied, of alcohol abuse, sexual misconduct and financial mismanagement of organizations he previously led. Photographer: Ron Sachs/CNP/Bloomberg via Getty Images

Overview

  • Vice President JD Vance announced at a Cabinet meeting on Friday that the Task Force to Eliminate Fraud has identified $230 billion in suspected fraud and stopped $56 billion in payments.
  • Vance said the task force will roll out 17 new anti-fraud actions totaling about $300 million to strengthen prevention and enforcement across agencies.
  • The Treasury Department has put in a new screening system that Treasury officials say has already blocked nearly $100 million in payments intended for deceased people.
  • The Justice Department disclosed an alleged $350 million SNAP fraud scheme in the southeastern United States as part of the wider push for prosecutions and recoveries.
  • The White House presented the effort as a whole-of-government campaign at a live-streamed Camp David Cabinet meeting and said the next steps will focus on stopping payments before they are made and expanding investigative work while outside verification of cumulative totals is still pending.