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735
[–] 2 pts (edited )

Private companies can fight fraud. They can get it down to about 0.5% with a dedicated fraud team and by using specialized vendors. The US government trying to fight fraud is a joke. They will publicize every "victory" while billions are still paid out to fraudsters who adapted to their new "controls" in a week. Almost everyones' identity information, including photo ID, has been leaked and sold at this point. The only way the US Government can stop fraud is by outsourcing it and giving full control to a 3rd party, and then having a different 3rd party audit that 3rd party.