The Fraud Prevention and Recovery Act is anticipated to prevent fraud in government programs, investigate and prosecute fraudsters, and recover stolen funds from pandemic-era fraud, such as in COVID-19 relief programs.
The legislation includes measures to enhance accountability, target bad actors, and maintain the proper utilization of taxpayer dollars. It could facilitate leveraging government data for fraud prevention and detection.
The bill allocates $75 million to the Social Security Administration for developing identity validation services to verify individuals' details seeking government benefits, aiming to reduce reliance on private data brokers and enhance privacy protection.
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