$521 Billion Fraud Landscape: What to Know

A federal watchdog estimated that the government lost between $233 billion and $521 billion annually to fraud.

The U.S. Government Accountability Office building in Washington on May 22, 2025. Madalina Vasiliu/The Epoch Times

The federal government lost up to half a trillion dollars to fraud each year over a five-year period, according to an April 15 report from the Government Accountability Office.

That’s enough to employ a million people for seven years or purchase a million homes.