How Much Government Fraud Has Been Covered?
Making the Argument with Nick Freitas
Nick Freitas
4.9 • 992 Ratings
🗓️ 5 June 2026
⏱️ 30 minutes
🧾️ Download transcript
Summary
For years, we have heard about government fraud and the people perpetrating it...now they are finally going to prison...but there's more. We need to learn the right lesson from this.
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Transcript
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| 0:00.0 | All right, ladies and gentlemen, the Department of Justice has just declared fraud to be a national crisis, |
| 0:06.8 | which seems to make sense given what we learned through Doge. |
| 0:10.7 | But in its first two weeks, a brand new division racked up over $2 billion in enforcement actions. |
| 0:17.5 | And today, we're breaking down who's behind the wave of fraud, who's already been charged, |
| 0:22.9 | and what this new DOJ division means going forward. So acting AG Todd Blanche described fraud |
| 0:30.3 | against U.S. taxpayer funded programs as a national crisis. Key programs targeted, Medicare, |
| 0:36.4 | Medicaid, federal housing, autism services, and other government programs. |
| 0:40.6 | And like I said, in just the first two weeks, enforcement actions under the new division have resulted in over 2 billion in fraud identified. |
| 0:47.8 | Week one, nearly one billion in fraud enforcement actions announced nationwide, week two, over $1 billion in a second straight week of |
| 0:55.6 | crackdowns. |
| 0:56.7 | $300 million in new federal funding unlocked to strengthen investigative and prosecutorial capacity. |
| 1:02.8 | Now, the scope spans the entire country. |
| 1:05.0 | Every U.S. Attorney's Office has now assigned a prosecutor dedicated to the division. |
| 1:11.6 | So let's go and take a look at the various people that have been charged thus far. |
| 1:14.6 | So first and foremost, in one week, DOJ's new fraud division secures $300 million in funding for |
| 1:21.6 | prosecutorial support while announcing more indictments, convictions, and sentences representing millions in taxpayer fraud. |
| 1:28.7 | So this is the important thing to understand. |
| 1:30.5 | Whenever you're talking about federal allocation of resources, you always want to make sure |
| 1:34.1 | that more federal dollars are being recovered, right? |
| 1:37.5 | Especially when you're talking about allocating resources to investigate fraud. |
| 1:41.3 | Like I'm reminded of a time when Elizabeth Warren was like, oh my gosh, look at all |
| 1:44.9 | the money that we've recovered now that we've spent more money in the IRS. But then you look at |
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