One state audit found that bonus checks intended for frontline workers during the pandemic were handed out to undeserving recipients. Another criticized a Minnesota state agency for failing to ensure there were no conflicts of interest in taxpayer-funded mental health and addiction programs. A third detailed lax oversight of a program to feed needy kids […]
Years after the passage of federal COVID-era relief and the subsequent loss of likely hundreds of billions of those taxpayer dollars, lawmakers are still unsure where that money went, how to get it back, and seemingly have done little to prevent it from happening again. Federal watchdog and other reports estimate anywhere from $200 billion […]
President Biden engaged in “impeachable conduct,” House Republicans found in their months-long impeachment inquiry, declaring in their highly anticipated report that he “abused his office” and “defrauded the United States to enrich his family.” Fox News Digital obtained a copy of the 292-page report prepared by the House Oversight Committee, House Judiciary Committee and House […]
Donald Trump has demanded compensation for funds spent campaigning against Joe Biden after the US president pulled out of the race for the White House. Republicans should be “reimbursed for fraud”, Trump said, as the vice-president Kamala Harris emerged as the frontrunner to be the Democrat candidate. Mr Biden withdrew on Sunday after weeks of […]
Sam Bankman-Fried, co-founder of the failed crypto exchange FTX, has been sentenced to 25 years in prison for defrauding customers and investors of his now-bankrupt firm. The ruling cements the downfall of the former billionaire, who emerged as a high profile champion of crypto before his firm’s dramatic collapse in 2022. He was found to […]
Donald Trump could be at risk of losing his grasp on his New York business empire — a collection of properties that has defined his image as a successful real estate tycoon — after a judge found that the former president and his company had “repeatedly” violated state fraud laws. As part of his ruling […]
A judge ruled Tuesday that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House, and he ordered some of the former president’s companies removed from his control and dissolved. Judge Arthur Engoron, ruling in a civil lawsuit brought by New York Attorney General […]
Artificial intelligence is making phone scams more sophisticated — and more believable. Scam artists are now using the technology to clone voices, including those of friends and family. The disturbing trend is adding to mounting losses due to fraud. Americans lost nearly $9 billion to fraud last year alone – an increase of over 150% […]
The Small Business Administration distributed more than $200 billion in potentially fraudulent Covid-19 relief funds, according to a federal watchdog. The findings, released Tuesday by the SBA’s inspector general, underscored how the emergency funds from the government designed to combat a once-in-a-century pandemic became a magnet for fraudsters. At least 17% of the $1.2 trillion […]
Much of the theft was brazen, even simple. Fraudsters used the Social Security numbers of dead people and federal prisoners to get unemployment checks. Cheaters collected those benefits in multiple states. And federal loan applicants weren’t cross-checked against a Treasury Department database that would have raised red flags about sketchy borrowers. Criminals and gangs grabbed […]
he Justice Department on Wednesday unsealed 13 federal charges against Rep. George Santos and the New York Republican is in custody, a spokesperson for the Eastern District of New York said. Santos has been charged on seven counts of wire fraud, three counts of money laundering, one count of theft of public funds, and two […]
At a hearing before a House committee on Wednesday, the Environmental Protection Agency’s internal watchdog warned lawmakers that the agency’s recent surge in funding — part of President Biden’s climate policy spending — comes with “a high risk for fraud, waste and abuse.” The EPA — whose annual budget for 2023 is just $10 billion […]
