More than $106 billion dollars are lost to improper payments each year, including pension and retirement fraud.
“Former officers were among 106 people indicted…in what the Manhattan district attorney’s office says is the largest scheme ever to defraud the Social Security disability insurance system, a plot stretching back to the 1980s that has cost taxpayers an estimated $400 million.”
- New York Times
“Railroad pension fraud scam involving fake disability claims may have cost one agency $1 billion.”
- New York Post
In the last five years, the Office of Personnel Management has made more than $601 million in payments to dead federal retirees, according to the agency’s inspector general. Learn More >>
Prosecutors estimate the people who made false claims collected at least $21.5 million. Among them were 72 city police officers, eight firefighters, five correction officers and two
-The New York Times Learn More >>
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