Global Networks of Fraud Target U.S. Government Initiatives: An Inside Look at Synthetic and Identity Theft Fraud
With the increasingly globalized world comes the challenge of a formidable opponent for the U.S. government: international networks of frauds. These organizations exploit vulnerabilities in federal systems and rob billions of tax dollars annually through identity theft and synthetic fraud. The effects are rooted and don't only reach the national economy but extend to people's faith in public institutions. The Magnitude of the Issue: Sheer Fiscal Losses.