Stimulus Package Fraud Expected to Hit $50 Billion (At Least)

by Benjamin Domenech on 2:52 am June 13, 2009

Obama’s campaign promise of net spending cuts by eliminating fraud? “Swindlers, con men, and thieves could siphon off as much as $50 billion of the government’s planned stimulus package as the money begins flooding the economy in coming months, according to David Williams, who runs Deloitte Financial Services Advisory and counsels clients on fraud prevention.”

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