# GAO finds massive amount of Government fraud!

Page: https://stenobird.com/podcast/the-banker-next-door-6597036/gao-finds-massive-amount-of-government-fraud
Text version: https://stenobird.com/podcast/the-banker-next-door-6597036/gao-finds-massive-amount-of-government-fraud.md
Podcast: [The Banker Next Door](https://stenobird.com/podcast/the-banker-next-door-6597036)
Published: 2026-04-22T16:00:00+00:00
Episode link: https://joeberq.podbean.com/e/gao-finds-massive-amount-of-government-fraud/
Audio file: https://mcdn.podbean.com/mf/web/7tp9kkdtd7e3umc7/GAO_finds_massive_amount_of_Government_fraud_6t0rr.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-banker-next-door-6597036/episodes/gao-finds-massive-amount-of-government-fraud
Duration seconds: 1064

## Resource

The Government Accountability Office (GAO) released a bomb shell report on April 15, 2026 disclosing a massive amount of fraud in the U.S. government. After analyzing data from fiscal years 2018 through 2022, the GAO estimates that the federal government lost between $233 billion and $521 billion ANNUALLY to fraud! The fraud was perpetrated in three main ways. 1) Misuse of Pandemic Relief funds, 2) Stolen Benefits, and 3) Improper Payments. The U.S. government has a massive fraud problem that needs to be addressed immediately! This episode reviewed an article from The Epoch Times (subscription required) titled “521 Billion Fraud Landscape: What to Know” and the report from GAO. The GAO report is titled “Combating Fraud: Challenges in managing fraud risks in federally funded, state-administered programs.” A link to the GAO report is included below. Link: GAO-26-109093, COMBATING FRAUD: Challenges in Managing Fraud Risks in Federally Funded, State Administered Programs

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