{"id":2640969,"date":"2026-08-05T12:58:00","date_gmt":"2026-08-05T16:58:00","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/vance-touts-finding-230-billion-in-fraud-and-stopping-56-billion-in-payments\/"},"modified":"2026-08-05T13:00:30","modified_gmt":"2026-08-05T17:00:30","slug":"vance-touts-finding-230-billion-in-fraud-and-stopping-56-billion-in-payments","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/vance-touts-finding-230-billion-in-fraud-and-stopping-56-billion-in-payments\/","title":{"rendered":"Vance touts finding $230 billion in fraud and stopping $56 billion in payments"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fvance-touts-finding-230-billion-in-fraud-and-stopping-56-billion-in-payments%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2640969&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The Trump administration reports having identified $230 billion in fraud and stopped $56 billion in fraudulent payments since Vice President JD Vance and FTC Chairman Andrew Ferguson co-founded an <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/half-of-pandemic-unemployment-money-from-past-year-stolen-bulk-of-it-in-foreign-hands-report\/\" title=\"Half Of Pandemic Unemployment Money From Past Year Stolen,  ...Bulk\u2019 Of It In Foreign Hands:\u00a0Report\">anti-fraud task force<\/a>. Vance mentioned that while uncovering fraud is crucial, legislative changes are necessary too prevent future misconduct, especially with incoming administrations.He emphasized the importance of data sharing between states and the federal government, stricter penalties for fraud, and mandatory minimum sentences for large-scale theft. President Trump had previously announced Vance&#8217;s leadership of the anti-fraud effort during his State of the Union address. Vance also highlighted concerns about potential reversals of anti-fraud efforts by future administrations, referencing Abdul el Sayed, a Democratic primary winner in Michigan.White House officials,including Stephen Miller,supported the call for tougher penalties and mandatory minimum sentences for fraud offenses.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<article class=\"fn-body\">\n<p class=\"wp-block-paragraph\">The <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\/\" data-type=\"post_tag\" data-id=\"4\">Trump administration<\/a> is estimating that it has identified $230 billion in fraud and stopped $56 billion in fraudulent payments since Vice President <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/jd-vance\/\" data-type=\"post_tag\" data-id=\"7658\">JD Vance<\/a> and Federal Trade Commission Chairman Andrew Ferguson started co-chairing their anti-fraud task force.<\/p>\n<p class=\"wp-block-paragraph\">\u201cAndrew and I had a meeting in my office last week, and he said, \u2018Do you want to estimate it conservatively or do you want to estimate it aggressively?&#8217;\u201d Vance told reporters in the Eisenhower Executive Office Building on Wednesday. \u201cI said, \u2018Well, I kind of want to estimate it aggressively, but then all you people will criticize us, so let\u2019s estimate it conservatively, so that we can give the American people the most rock-solid explanation of how this task force is working to protect their money.&#8217;\u201d<\/p>\n<section class=\"explore-more-section\" id=\"wex-recommended-widget\">\n<div class=\"magazine-container single\">\n<h1 class=\"magazine-title mt-2\">Recommended Stories<\/h1>\n<p>             <i class=\"fa-solid fa-play icon\"><\/i>         <\/div>\n<div class=\"explore-grid\">\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4675889\/vance-floats-president-abdul-el-sayed-three-years\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Vance floats America having President Abdul el Sayed \u2018in three years\u2019<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4675731\/vance-finds-230-billion-fraud-stops-65-billion-fraud-payments\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Vance touts finding $230 billion in fraud and stopping $56 billion in fraud payments from going out<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4675730\/faa-investigate-marine-one-safety-violation\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>FAA investigating safety violation incident involving Marine One<\/h3>\n<p>                         <\/a>                     <\/div>\n<\/p><\/div>\n<\/section>\n<p class=\"wp-block-paragraph\">Vance said that while the fraud that was rooted out was important, Congress also needed to make changes to the law to prevent future misconduct from restarting as soon as a Democratic administration came into office.<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-1\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-1\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-15\" data-wex-ad=\"art-dsk-inart-1\"><\/div>\n<\/div>\n<\/div>\n<div class=\"article-paywall\">\n<p class=\"wp-block-paragraph\">\u201cThis effort will fundamentally always have a limitation unless our colleagues in the House and the Senate are working with us,\u201d he said. \u201cWe don\u2019t want the next administration, whoever you know, God forbid, you\u2019re going to have President el Sayed in three years. We don\u2019t want him to undo all the incredible work that we\u2019ve been doing when we\u2019ve been taking out the fraudsters and saving the American people money.\u201d<\/p>\n<p class=\"wp-block-paragraph\">Vance was alluding to <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/abdul-el-sayed\/\" data-type=\"post_tag\" data-id=\"23138\">Abdul el Sayed<\/a>, who, moments before the vice president commenced the roundtable in the Indian Treaty Room, won his Democratic primary against Rep. Haley Stevens (D-MI) to compete for Michigan\u2019s battleground Senate seat against former Rep. Mike Rogers (R-MI).<\/p>\n<p class=\"wp-block-paragraph\">Vance also underscored the importance for states to share data with the federal government so the administration can identify further fraud, in addition to tougher penalties for those convicted of fraud, though he did not answer reporter questions ranging from Rep. <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/max-miller\/\" data-type=\"post_tag\" data-id=\"23343\">Max Miller<\/a> (R-OH) to the war in <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/iran\/\" data-type=\"post_tag\" data-id=\"100\">Iran<\/a>.<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-2\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-2\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-16\" data-wex-ad=\"art-dsk-inart-2\"><\/div>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">White House deputy chief of staff for policy <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/stephen-miller\/\" data-type=\"post_tag\" data-id=\"2967\">Stephen Miller<\/a>, who attended the roundtable, similarly amplified Vance\u2019s call for tougher penalties.<\/p>\n<p class=\"wp-block-paragraph\"><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4669101\/trump-jeanine-pirro-save-her-job\/\"><strong>TRUMP HAS SOURED ON JEANINE PIRRO, BUT SHE CAN STILL SAVE HER JOB<\/strong><\/a><\/p>\n<p class=\"wp-block-paragraph\">\u201cYou can steal hundreds of thousands and all these millions of dollars and not do any significant jail time,\u201d he said. \u201cThere needs to be strict, clear, mandatory minimums.\u201d<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-3\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-3\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-17\" data-wex-ad=\"art-dsk-inart-3\"><\/div>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">President <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\/\" data-type=\"post_tag\" data-id=\"4\">Donald Trump<\/a> announced during his State of the Union in February that Vance would be heading his anti-fraud task force.<\/p>\n<\/div>\n<\/article>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump admin estimates $230B fraud prevented since Vance, Ferguson lead<\/p>\n","protected":false},"author":2652,"featured_media":2640970,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/08\/AP26212583315169.jpg?w=696","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[47023,79010,43425,15469],"class_list":["post-2640969","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-financial-security","tag-fraud-detection-2","tag-fraud-prevention","tag-vance"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/08\/AP26212583315169.jpg?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2640969","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2652"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2640969"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2640969\/revisions"}],"predecessor-version":[{"id":2640973,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2640969\/revisions\/2640973"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2640970"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2640969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2640969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2640969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}