Reports
Search for reports and investigative results.
Showing 1 - 10 of 13 results
Federal Reserve Board & CFPB OIG
The CFPB Effectively Monitors Consumer Complaints but Can Enhance Certain Processes
Mississippi Office of the State Auditor
Mississippi’s Historic Unemployment Fraud
The Mississippi Department of Employment Security (MDES) administers Mississippi’s unemployment benefits programs. With the influx of jobless claims and COVID relief aid as a result of the pandemic, total unemployment benefit claims increased from $59.6 million in FY 2019 to $2.1 billion in FY 2020. With this infusion of money came massive fraud and misspending. For example, from FY 2020 to FY 2021, known overpayments increased from $118 million to $474 million. The massive loss of money from Mississippi’s unemployment fund is partially the result of MDES bypassing or altering their own...
Federal Reserve Board & CFPB OIG
The Board and FRB Boston Generally Followed Their Process for Purchasing MSLP Loan Participations but Can Formally Document Some Key Processes
Federal Reserve Board & CFPB OIG
Following Established Processes Helped FRB New York and the Board Reduce Risks Associated With Lending Facility Contracts
Federal Reserve Board & CFPB OIG
The CFPB Implemented Safety Measures in Accordance With Its Reentry Plan
National Security Agency OIG
Audit of the Implementation of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Section 3610
The audit found the agency had significant issues implementing the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The agency did not sufficiently review CARES invoices due to changing guidelines, reduced contract oversight staffing during the pandemic, overreliance on contractor-provided information, and the lack of clear and comprehensive Contracting Officer Representative (COR) oversight procedures for CARES invoices. As a result, the OIG questioned more than $16.4 million, or 40 percent of the sampled CARES invoice charges. As of June 8, 2021, NSA reported $917 million in CARES...