Has never adopted a comprehensive and coordinated approach to investigating and prosecuting fraud against taxpayer dollars and taxpayer funded programs. With over a trillion dollars at stake every single year threatened by increasingly sophisticated and opportunistic fraudsters. the time for this comprehensive and coordinated approach is now. And so today I'm proud to announce in greater detail the creation of the National Fraud Enforcement Division. (00:11–00:21)
CLAIM
Asserts that over a trillion dollars are at risk annually due to fraud.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
