Sign In
Albion Tribune
  • Home
  • World
  • Europe
  • USA
  • Middle East
  • Asia
  • General
  • Business
  • Entertainment
  • Technology
  • Health
  • Sports
  • Newsroom
  • Opinions
Reading: Fraudsters abused Biden’s lax policies to steal billions, financial watchdog claims
Share
Albion TribuneAlbion Tribune
Font ResizerAa
  • World
  • Travel
  • Science
  • Technology
Search
  • Home
    • Home 1
    • Home 2
    • Home 3
    • Home 4
    • Home 5
  • Categories
    • Technology
    • Travel
    • World
    • Science
    • Health
  • Bookmarks
  • More Foxiz
    • Sitemap
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest

Fraudsters abused Biden’s lax policies to steal billions, financial watchdog claims

Last updated: May 23, 2026 5:36 pm
RNN
Share
Fraudsters abused Biden's lax policies to steal billions, financial watchdog claims
SHARE

As pervasive fraud schemes continue to sweep across the U.S., a group that seeks to preserve economic freedoms at the state level says that former ‘s policies were a main driver for the proliferation of the issue.

OJ Oleka, CEO of the State Financial Officers Foundation, said “relaxed controls” during the last administration opened the door to widespread fraud and misuse of taxpayer dollars. And state treasurers are now leading the fight to strengthen oversight and reclaim funds for the American people.

“This isn’t a partisan statement, but it is a true statement to say that this kind of exploded during the Biden administration,” Oleka told Fox News Digital. “A lot of the . A lot of states who have the philosophy that more government is good just simply turned on the spigots and allowed anybody to get access to any benefit.”

Speaking from SFOF’s annual conference in Clearwater, Florida, Oleka said fraud has become so deeply embedded in government programs that it’s now “a feature in the system, not a bug.”

for 2025 found that affiliated state financial officers protected and returned $28 billion to taxpayers last year, uncovering $5.7 billion in waste, fraud and abuse. They, meanwhile, generated or returned another $22.3 billion through investment earnings and unclaimed property programs.

“We say that fraud actually has an industry in this country,” Oleka said. “What were trying to do is root out the that exists within our government programs. Thats the biggest challenge.”

He pointed to weak eligibility requirements during Biden’s time in office — and sometimes no requirements at all — exploding the instances of fraud.

“Then practically anybody can have access to the benefits — people who dont need them, people who dont deserve them, people who arent even eligible for them,” he lamented.

President Donald Trump this year tapped Vice President to lead a nationwide “War on Fraud.” It stemmed from the highly scrutinized Minnesota “Feeding Our Future” scheme, which allegedly defrauded the government out of hundreds of millions of dollars.

Oleka praised the Trump administrations anti-fraud efforts, and in a February letter to the White House told Vance that SFOF members are “allies already on the battlefield” ready to help protect taxpayer dollars.

“The beauty of whats happening now is youve got the Vice President and the task force and our state financial officers rooting to get this stuff out,” he said. “Thats the goal: you get it out root and branch, you stop it from being in the system, and you make a benefit system that actually works again for the American people.”

But, he said, future administrations need to continue the crack-down if Americans want to see lasting change.

The SFOF is also working directly with members of Congress, including Chairman James Comer, R-Ky., and state officials to ensure fraud is addressed beyond the Trump administration, according to Oleka.

He also would like to see some of the changes cemented through executive order.

“Youve got a system that is allowing you to do the things that youre doing, but its clearly unethical, its clearly wrong, and you saw a lot of this actually take off during the Biden-era,” Oleka said.

Massive fraud was recently exposed in California, and Ohio, where he said Democratic leaders failed to act because they “don’t have the political will to stop the fraud.”

A multi-million dollar hospice fraud scheme in California was uncovered, while a Maine health services company was accused by a whistleblower of misusing millions in Medicaid funds in December. In Columbus, Ohio, hundreds of home health companies that shared the same addresses and operated out of vacant or poorly maintained properties were found to have billed the federal government more than $250 million in

“Weve seen it in Minnesota, weve seen it in California, Maine and Ohio, all across the country,” Oleka s

TAGGED:Healthlatest
Share This Article
Email Copy Link Print
Previous Article 2026 UFL Week 9 Results: Storm Defeat Defenders For Third Straight Win 2026 UFL Week 9 Results: Storm Defeat Defenders For Third Straight Win
Next Article A forgotten 1776 celebration launched Americas booming fireworks tradition A forgotten 1776 celebration launched Americas booming fireworks tradition

Editor's Pick

The Mandela they want you to forget: The strategist who defied the West

The Mandela they want you to forget: The strategist who defied the West

By rejecting proxy politics and demanding an equitable seat at the global decision-making table, the continent is realizing Mandela’s vision…

By
RNN
4 Min Read
Tibetans scuffle with police outside the Chinese Embassy in India as they mark uprising anniversary
Tibetans scuffle with police outside the Chinese Embassy in India as they mark uprising anniversary

NEW DELHI — Dozens of Tibetan protesters clashed with police outside the Chinese…

3 Min Read
British plan to cede Chagos Islands to Mauritius, raising security concerns
British plan to cede Chagos Islands to Mauritius, raising security concerns

The Chagos Islands are one of the last vestiges of the British…

0 Min Read

Top Writers

Dephne Butler
RNN 5383 Articles

Oponion

Red Hawk Vending Expands AI-Powered Breakroom Solutions Across Metro Atlanta Workplaces

ATLANTA, GA — April 16, 2026 — Red Hawk Vending, a…

April 17, 2026

The nightmare oil price nobody-s talking about

Real world oil prices are far…

April 2, 2026

Japanese auto parts makers eye Russian aluminum Bloomberg

The Asian nation voluntarily stopped buying…

March 11, 2026

US eases Russian oil restrictions amid Iran crisis

Several countries are reportedly already considering…

March 7, 2026

Trump slams black Netflix board member as ‘racist-

Obama’s former national security advisor Susan…

February 24, 2026

You Might Also Like

USA Today writer says Caitlin Clark puts Black and queer WNBA players 'in danger' by flopping
Latest

USA Today writer says Caitlin Clark puts Black and queer WNBA players ‘in danger’ by flopping

USA Today columnist Nancy Armour wants Caitlin Clark to stop flopping and berating WNBA officials. Plenty of people agree with…

4 Min Read
Jackie Kennedy was unimpressed by Buckingham Palace until Queen Elizabeth's advice changed everything: author
Latest

Jackie Kennedy was unimpressed by Buckingham Palace until Queen Elizabeth’s advice changed everything: author

Queen Elizabeth II gave Jackie Kennedy a piece of advice that helped ease any awkwardness between the two iconic women.…

5 Min Read
Trumps push for national concealed carry reciprocity would protect good guys with guns
Latest

Trumps push for national concealed carry reciprocity would protect good guys with guns

When President Trump recently spoke at the Mack Trucks facility in Macungie, Pennsylvania, gun owners were encouraged to hear him…

3 Min Read
Rule Japanica: America and Japan are building the alliance China fears
Latest

Rule Japanica: America and Japan are building the alliance China fears

These days, nobody does it better than Japan — especially from an American alliance perspective. From standing up to Chinese…

4 Min Read
Albion Tribune
Albion Tribune

Runway News Network

UK Press & Publication Syndicate

Runway News Network (RNN) is a UK-based digital media group operating multiple independent news platforms across the United Kingdom. We provide structured journalism, press syndication and AI-optimised news distribution for organisations seeking national and regional visibility.

Contacts

  • hello@runwaynewsnetwork.com
  • adsales@runwaynewsnetwork.com
  • pressrelease@runwaynewsnetwork.com
  • opinions@runwaynewsnetwork.com
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?