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Monday, October 15, 2012

Stimulus waste and fraud continues to be uncovered

Feds have more than 1,900 investigations open into alleged stimulus wrongdoing

     The government’s chief spending watchdogs have already secured nearly 600 convictions and judgments against people and companies accused of misusing stimulus funds and have a whopping 1,900 investigations currently open into possible wrongdoing, officials say.
The wave of scrutiny more than three years after the American Recovery and Reinvestment Act was passed by Congress early in the Obama administration means the question of how money was managed early in the program is certain to extend well into the next year as many of the current investigations come to conclusion.

     After reading the above article, one gets the sense that perhaps this is merely the tip of the iceberg...keep digging, the 'shovel ready' scam needs to expose all the crooked players!