Public Sector Fraud

Are Your Recovery Act Funds Vulnerable to Fraud?

Up to $55 billion of the funds distributed under the American Recovery and Reinvestment Act
(Recovery Act) may be susceptible to fraud, waste and abuse, according to estimates.

The Recovery Accountability and Transparency Board is responsible for overseeing all Recovery Act funds and ensuring swift, immediate action is taken to prevent fraud, waste and fund mismanagement.  The Department of Justice's Antitrust Division is also committed to assisting organizations in preventing and deterring violations through training and distribution of relevant publications. 

Could your Recovery Funds be vulnerable to fraud? Do you have processes that can detect or prevent fraud?

If you’re concerned, our public sector forensic accounting experts can help.  We have the experience and knowledge to assist you in developing or improving your fraud detection and prevention programs, from conducting a fraud risk assessment to investigating suspicious activities.
 

Fraud Public Sector: Are Your Recovery Act Funds Vulnerable to Fraud? Posted: September 2, 2009 It is estimated that as much as $55 billion of the funds distributed under the American Recovery and Reinvestment Act (Recovery Act) may be susceptible to fraud, waste and abuse. Watch Now! | Download Windows Media Version | Download QuickTime Version