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The Daily Hodl 2024-09-06 16:40:38

US Government Losing $233,000,000,000+ To Fraud Every Year, According to First-Ever Estimate From America’s Accountability Office

A groundbreaking new report shows the US government is losing a staggering amount of money to fraud every year. The Government Accountability Office’s (GAO) first “Fraud Risk Management” report estimates the federal government’s annual losses to fraud fall somewhere between $233 billion and $521 billion. The GAO uses fiscal data from 2018 through 2022 for The post US Government Losing $233,000,000,000+ To Fraud Every Year, According to First-Ever Estimate From America’s Accountability Office appeared first on The Daily Hodl .

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