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Treasury intercepts nearly $99M in federal payments to deceased individuals under Trump fraud order
['Kristen Altus']
Latest News | Fox 35
The U.S. Department of the Treasury has prevented nearly $99 million in federal payments from being disbursed to deceased individuals using a new verification system deployed under President Donald Trump's executive order targeting government fraud, waste and abuse.
Following Executive Order 14249, "Protecting America's Bank Account Against Fraud, Waste, and Abuse," the Department of the Treasury and the Bureau of the Fiscal Service implemented a verification process that reviewed more than 885 million payments totaling approximately $2.77 trillion.
That screening flagged more than 4,900 payments totaling nearly $99 million that were associated with deceased individuals, returning the payments to the originating federal agencies for review before any funds were disbursed.
"In the Biden administration, HHS got rid of about 50 or 60 of the people who were charged with monitoring fraud.
"Treasury will continue efforts to modernize the federal payment system, strengthen safeguards against fraud and improper payments, and protect taxpayer dollars."