WASHINGTON—Subcommittee on Government Operations Chairman Pete Sessions (R-Texas) introduced the Fraud Prevention and Accountability Act (H.R. 8312) to expand the U.S. Treasury Fiscal Service’s financial and program integrity services and ensure the Pandemic Response Accountability Committee’s (PRAC) anti-fraud data analysis capabilities and resources are maintained in a permanent Inspectors General office.
“This is Tax Season, and millions of Americans are acutely aware how much of their hard-earned pay goes to Uncle Sam. For Uncle Sam to turn around and lose hundreds of billions of dollars to fraud every year is absurd. During COVID, we learned that it is far too easy to commit fraud in federal programs. We also learned that once the money goes out the door to a fraudster, the vast majority is gone for good. I have introduced the Fraud Prevention and Accountability Act to ensure…
This involves defrauding the state or using government systems to steal from individuals.
- Tax Identity Theft: A criminal uses your ID and income details to file a tax return in your name and claim a refund before you do.
- Grant/Benefit Fraud: Falsely claiming unemployment, disability, or social grants that the perpetrator is not entitled to.