Report: Taxpayers lose $500B annually to fraud as states resist oversight

Report: Taxpayers lose $500B annually to fraud as states resist oversight

(The Center Square) – Fraud could cost federal taxpayers as much as $521 billion annually, according to a Foundation for Government Accountability report citing a federal estimate.

Taxpayers lose $500B annually to fraud as states resist oversight

A new report finds federal taxpayers lose over $500 billion a year to fraud, with states resisting oversight and many programs failing to prevent improper payments.