And hell, we’re not even talking about the GSA overspending or the mulitude of “green loans” going bad (see here and here).
Nope, we’re talking stimulus fraud.
But federal investigators have uncovered widespread financial management problems with many of the projects. As of early March, federal authorities were investigating 66 cases of alleged false statements, bid rigging, fraud and embezzlement, according to a report by Calvin L. Scovel III, the Department of Transportation’s inspector general. Justice Department lawyers are scouring 47 of those cases for potential prosecution, according to Scovel.
But don’t worry, the Fed’s can regulate our healthcare system into shape. We’ll save Medicare fraud for another day!
