Trump task force is tackling $250 billion in government fraud. It’s just getting started

The Trump administration has launched an Anti-Fraud Taskforce led by Vice President JD Vance and FTC Chairman Andrew Ferguson to combat an estimated $250 billion in annual government fraud. The task force is implementing advanced AI tools and forensic accounting to detect fraud before payments are made, representing a shift from the previous administration's reactive "pay-and-chase" approach that recovered only 4% of fraudulent disbursements.