JD Vance reveals BILLIONS in fraud uncovered by task force in just 2 months

"In just two months, we exposed billions of dollars in benefits that have been stolen from the American people. We referred over $22 billion in fraudulent small business loans back to the Treasury for collection. We deferred more than $1.3 billion in fraudulent Medicaid reimbursements that were coming from various states, particularly California."

"We put a six-month hold on enrollments for new hospice and home health care providers, because so many of the newer hospice providers were not actually providing hospice services, but were just focused on fraud. So, we're going to cut that out for a little bit and try to get to a place where we can actually certify that the people providing hospice services are actually providing those very necessary and important services," Vance said.

"We recovered taxpayer funds from the $135 billion stolen after the floodgates were open in the immediate aftermath of COVID. We have found $6.3 billion in suspected fraudulent government contracts, which were mostly awarded during the last administration, and that has stopped. And finally, we've blocked $60 million in student aid fraud that should have gone to young people trying to get an education, but instead were going to fraudsters."

He said that the theme of the last two months in the task force has been "that we’re protecting two classes of victims here. We’re protecting the American taxpayers who shouldn’t have their money stolen by fraudsters, and of course, we’re protecting the people who need these services. Fraud is not a victimless crime."

Before going into a closed-door session, Vance highlighted an indictment that recently came out of Minnesota that "I think highlights how particularly egregious these fraudsters can be." It involved a man who claimed to have been providing services to allow elderly people to live independent lives. One elderly man never saw those services, despite those services being reimbursed by Medicaid, and he later died. "One day before he died, after months of being neglected by the caretaker who was getting reimbursed by the American people, one day before he died, he submitted his final reimbursement for services he never provided for a man he never cared for."

"That man lived his final moments on this earth neglected, while a fraudster got rich by providing services he never actually provided. That’s what we’re trying to stop."