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1 week ago

Treasury hails success of anti-fraud process that flagged and prevented $99 million in payments to dead people

The Treasury Department announced Tuesday morning that it has successfully implemented new safeguards to prevent government payments to dead people in an effort to reduce waste and fraud.The verification system includes screening 885 million federal payments against expanded death records, effectively auditing payments totaling nearly $2.7 trillion. It has already flagged and stopped payments totaling roughly $99 million that had been marked to be sent to dead people."Treasury has delivered on a key promise of President Trump’s mandate to stop improper payments and fraud before money leaves th...