White House Fraud Task Force Referred $22 Billion in Fraudulent Small-Business Loans to Treasury, Vance Says
Vice President JD Vance said at a White House anti-fraud roundtable that the administration had referred more than $22 billion in fraudulent small-business loans to Treasury for collection and deferred over $1.3 billion in Medicaid reimbursements it described as fraudulent. He said officials had also identified $6.3 billion in suspected fraudulent government contracts, blocked $60 million in student-aid fraud and recovered taxpayer funds tied to what he described as $135 billion stolen after Covid.
The meeting brought a bipartisan group of 15 state attorneys general offices, including Connecticut and Oregon, to the White House as the administration sought broader state cooperation on fraud enforcement. Vance said the government had also put a six-month hold on enrollment for new hospice and home health providers, saying some newer providers were not delivering the billed services.
From the sources (6 posts)
@justthenewsVance to host state AGs at White House for meeting on fraud
@jenniferjjacobsA bipartisan group of 15 state AG offices, including Connecticut and Oregon, are on White House campus for anti-fraud meeting with @VP Vance, Stephen Miller and Andrew Ferguson.
@ericldaugh🚨 JUST IN: Vice President Vance CONFIRMS IT — "We've referred over $22 billion in fraudulent small business loans back to the Treasury for collection. We've deferred more than $1.3 billion in fraudulent Medicaid reimbursements that were com
@justthenews"We've recovered taxpayer funds from the $135 billion stolen after the floodgates were opened in the immediate aftermath of COVID." @VP hammered systemic financial corruption at an anti-fraud roundtable with state attorneys general, unveil
@nypostVice President JD Vance touts billions of dollars recovered from fraudsters
@whitehouseRT @HHSGov: HHS 🤝 @WHFraudTF ✅ February 25, 2026: The Trump Administration halted nearly $260 million in Medicaid payments to Minnesota ov…