This update expands on our January 2023 Fraud Alert, which identified 69,000 questionable Social Security Numbers (SSNs) used to obtain $5.4 billion in potentially fraudulent pandemic small business loans and grants. PRAC data scientists used the Pandemic Analytics Center of Excellence to find $38 million in potentially improper or fraudulent loans obtained using the SSNs of deceased individuals. The results of this Fraud Alert show the potential benefits of agencies using the Department of Treasury’s Do Not Pay system to strengthen program integrity.
Not sure what the difference is between improper payments and fraud? Here's an explanation and some examples that might help.