Showing posts with label FRAUD PREVENTION. Show all posts
Showing posts with label FRAUD PREVENTION. Show all posts

Monday, May 18, 2015

USDA WILL GRANT UP TO $7.5 MILLION FOR TECH TO STOP SNAP TRAFFICKING

FROM:  USDA TECHNOLOGY
USDA Announces New Technology Grants to Combat SNAP Recipient Trafficking
Release No.
FNS 0006-15
Contact:

 WASHINGTON, May 18, 2015 – Food, Nutrition and Consumer Services Under Secretary Kevin Concannon today announced that up to $7.5 million in technology grants is available to combat recipient benefit abuse and trafficking in the U.S. Department of Agriculture’s (USDA) Supplemental Nutrition Assistance Program (SNAP). The final date to apply for this funding, which was made possible by the Agricultural Act of 2014 (i.e., the “Farm Bill”), is July 18, 2015.

“Safeguarding the integrity of SNAP is a top priority for USDA,” Concannon said. “That commitment includes ensuring that state government agencies administering SNAP are able to employ the most modern technology to track and root out benefit abuse by recipients.”

SNAP law and regulations require state and local agencies administering the program to maintain fraud prevention efforts and investigate program violations by SNAP recipients. While it occurs relatively infrequently, USDA recognizes that program fraud undermines public confidence in government and jeopardizes the ability of SNAP to serve the tens of millions of struggling families who need it the most, Concannon said.

Competitive grants announced today are designed to deploy new technology, or modernize existing technology that monitors and tracks investigation outcomes of individuals suspected of intentional program violations – with an emphasis on trafficking, the sale of benefits for cash.

           These grants will build on prior USDA initiatives to support on-the-ground efforts to improve outcomes in the prevention, detection, and prosecution of recipient trafficking. USDA awarded just over $5 million in grants to seven states on September 30, 2014 to improve the effectiveness of integrity monitoring efforts and increase the number of investigations of recipients suspected of trafficking SNAP benefits.

SNAP administering agencies in the 50 states, the District of Columbia, Guam, and the Virgin Islands are eligible to apply for the grants, which are not to exceed three years. USDA expects to award three grants under this Request for Application by Sept. 30, 2015.

USDA's Food and Nutrition Service administers 15 nutrition assistance programs.

Monday, April 7, 2014

SEC'S FIRST WHISTLEBLOWER UNDER NEW PROGRAM TO RECEIVE ADDITIONAL $150,000 PAYOUT

FROM:  SECURITIES AND EXCHANGE COMMISSION 

4/04/2014 12:51 PM EDT

The Securities and Exchange Commission today announced that the whistleblower who received the first award under the agency’s new whistleblower program will receive an additional $150,000 payout after the SEC collected additional funds in the case.

The whistleblower, who the SEC did not identify in order to protect confidentiality, has now been awarded a total of nearly $200,000 since the award was announced on Aug. 21, 2012.  The award recipient helped the SEC stop a multi-million dollar fraud by providing documents and other significant information that allowed its investigation to move at an accelerated pace and prevent the fraud from ensnaring additional victims.

The award represents 30 percent of the amount collected in the SEC enforcement action against the perpetrators of the scheme, the maximum percentage payout allowed under the law.  The additional payout comes after the SEC collected an additional $500,000 from one of the defendants in the case.

“This latest payment shows that the SEC’s aggressive collection efforts pay dividends not only for harmed investors but also for whistleblowers,” said Sean McKessy, chief of the SEC’s Whistleblower Office.  “As we collect additional funds from securities law violators, we can increase the payouts to whistleblowers.”

The SEC expects to collect additional money from defendants in this case as some are making payments under a periodic payment schedule ordered by the court.

The 2010 Dodd-Frank Act authorized the whistleblower program to reward individuals who offer high-quality original information that leads to an SEC enforcement action in which more than $1 million in sanctions is ordered.  Awards can range from 10 percent to 30 percent of the money collected.  The Dodd-Frank Act included enhanced anti-retaliation employment protections for whistleblowers and provisions to protect their identity.  The law specifies that the SEC cannot disclose any information, including information the whistleblower provided to the SEC, which could reasonably be expected to directly or indirectly reveal a whistleblower’s identity.

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