A Framework for Managing Fraud Risks in Federal Programs : Government Accountability Office (GAO) , July , 2015
A Framework for Managing Fraud Risks in Federal Programs : Government Accountability Office (GAO) , July , 2015
From the document: "Effective fraud risk management helps to ensure that federal programs’ services fulfill their intended purpose, funds are spent effectively, and assets are safeguarded. Legislation and guidance issued since 2002 has focused managers’ attention on addressing improper payments, which includes payments made as a result of fraud. However, the deceptive nature of fraud makes it difficult to measure in a reliable way, and federal managers face fraud risks beyond those captured by improper payments, such as risks that do not pose a direct financial cost to taxpayers. For example, passport fraud poses a risk, because fraudulently-obtained passports can be used to conceal the true identity of the user and potentially facilitate other crimes, such as international terrorism and drug trafficking."
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