Reuters: FBI targets fraud in TARP, stimulus fund

Reuters:

Mueller said in a speech to the Economic Club of New York that the FBI, U.S. Securities and Exchange Commission and the inspector general of the Troubled Asset Relief Program were working to track where federal money is going.

“With billions of dollars at stake — from the purchase of troubled assets to improvements in infrastructure, healthcare, energy and education — even a small percentage of fraud would result in substantial taxpayer losses,” Mueller said.

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