20% Of Food Stamp Program – $25B – Riddled With Fraud: Expert

  • A security expert says Congress should reduce food stamp fraud as it faces a Saturday deadline to renew the Farm Bill.
  • Haywood Talcove is the CEO of LexisNexis Risk Solutions’ Government Group, which provides fraud prevention tools to 26 state unemployment programs and 50 U.S. banks.
  • He says about 20% of the Supplemental Nutrition Assistance Program’s $127 billion annual budget, or $25 billion annually, is likely lost to criminals.
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