The U.S. Treasury Department stopped nearly $100 million in federal payments that have been going out to deceased individuals after establishing a government-wide payment verification process last year.
The department’s Bureau of the Fiscal Service found that the money was set to be sent to “ghosts” after reviewing 885 million payments totaling nearly $2.7 trillion, according to a report by the New York Post .
“Together with the @VP’s Task Force to Eliminate Fraud, this new safeguard addresses a longstanding vulnerability and helps ensure every dollar the federal government spends reaches its intended recipient,” Bessent continued.
“Treasury…
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