Vice President JD Vance on Tuesday spoke at an anti-fraud roundtable with state attorneys general and White House officials, where he told reporters that his team has identified staggering amounts of fraud totaling tens of billions of dollars.
Vance, the Chairman of the White House Task Force to Eliminate Fraud, and Federal Trade Commission Chairman Andrew Ferguson, the Task Force Vice Chair, held a roundtable on Tuesday with over a dozen State Attorneys General to discuss the Trump Administration’s nationwide crackdown on federal benefits fraud.
After brief remarks from Vance, Ferguson, White House Deputy Chief of Staff Stephen Miller, and Assistant Attorney General for the National Fraud Division Collin McDonald, they held a private meeting with the attorneys general.
Vance opened his remarks by highlighting the work his team has accomplished to date.
“We exposed billions of dollars in benefits that had been stolen from the American people,” he said, revealing the following:
- Over $22 billion in fraudulent small business loans
- More than $1.3 billion in fraudulent Medicaid reimbursements
- $6.3 billion in suspected fraudulent government contracts
- $60 million in student aid fraud
He further told reporters that $135 billion has been stolen since the aftermath of the COVID pandemic.
Hellbound and Down 