U.S. Government — GAO — Reports & Decisions
Fraud in Federal Programs: Limited Beneficial Ownership Information Available on Awardees
What GAO Found Illicit actors hide their beneficial ownership in multiple ways to fraudulently access federal awards, such as contracts, grants, and Medicare payments, and to evade payment on taxes. GAO’s review of federal cases highlights tactics illicit actors have used, such as using stolen identities, shell companies, professional enablers, and pass-through billing schemes to…
