Episode Details
Back to EpisodesGAO finds massive amount of Government fraud!
Description
The Government Accountability Office (GAO) released a bomb shell report on April 15, 2026 disclosing a massive amount of fraud in the U.S. government. After analyzing data from fiscal years 2018 through 2022, the GAO estimates that the federal government lost between $233 billion and $521 billion ANNUALLY to fraud! The fraud was perpetrated in three main ways. 1) Misuse of Pandemic Relief funds, 2) Stolen Benefits, and 3) Improper Payments. The U.S. government has a massive fraud problem that needs to be addressed immediately! This episode reviewed an article from The Epoch Times (subscription required) titled “521 Billion Fraud Landscape: What to Know” and the report from GAO. The GAO report is titled “Combating Fraud: Challenges in managing fraud risks in federally funded, state-administered programs.” A link to the GAO report is included below.