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Nearly $1 Trillion Lost to International Fraud Annually

5/12/2025

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Taxpayers Lose Billions

U.S. taxpayers are losing nearly $1 trillion each year to cunning international crime rings, according to fraud expert Linda Miller. The pandemic intensified this crisis, as criminals seized stolen identities to siphon off relief funds. Miller calls on the Department of Government Efficiency to prioritize tackling genuine fraud over merely addressing wasteful spending.

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Miller Highlights Fraud

Fraud risk expert Linda Miller shared her cautious optimism about the Department of Government Efficiency (DOGE) during a "60 Minutes" interview. She stressed that fraud transcends politics, differentiating it from mere wasteful spending. Miller pointed out the significant role of international crime rings in perpetuating fraud and praised Elon Musk for shining a light on this critical issue.

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Taxpayers Lose Billions

U.S. taxpayers are losing nearly $1 trillion each year to cunning international crime rings, according to fraud expert Linda Miller. The pandemic intensified this crisis, as criminals seized stolen identities to siphon off relief funds. Miller calls on the Department of Government Efficiency to prioritize tackling genuine fraud over merely addressing wasteful spending.

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