400 Businesses With $6 Billion in Fed Contracts Had No Physical Addresses

Federal Trade Commission (FTC) Chairman Andrew Ferguson exposed yet more horrifying details of the mass taxpayer funding fraud network in the U.S.

Ferguson said on Fox News that there are many tools and laws at hand for the federal government to use in identifying, investigating, and eliminating fraud, but the previous administration wasn’t interested in using them. In fact, the Biden-Harris administration deliberately removed fraud guardrails. Now, the FTC, the General Services Administration (GSA), and other federal entities have found that “400 businesses, with contracts worth $6 billion, originally allocated by the Biden administration, didn't even file physical addresses at their businesses. That's a statutory requirement.”

Ferguson emphasized, “You're not supposed to be able to get any money from the United States government unless you put down a physical mailing address, and they just didn't do it. And so [we], with the GSA, in conjunction with the [White House] task force, issued letters to these businesses, it says you have 30 days or we're cutting you off. There's still $3 billion unpaid on these contracts as of today.” That would be a fair amount of money we would save. “And that's just a drop in the bucket over at the Justice Department,” Ferguson added.

The DOJ has “gotten indictments and convictions just in the last week worth almost half a billion dollars. We started turning off Medicaid and Medicare dollars to providers that [it has] become clear are fraudulently charging the government with our partners at HHS."

For too many years, Ferguson declared, "dishonest citizens, and tons and tons of foreigners and foreign governments, have been putting their hands into the pockets of ordinary and honest Americans and taking that money from them, and President Trump is the first president to take this problem seriously, and that's why the task force is being successful."

Fox's Kayleigh McEnany asked Ferguson if a single Democrat governor had shown any initiative in helping to identify fraud. Ferguson answered, "No, in fact, all I've heard from Democrat governors until early this week was, 'The fraud isn't a problem. This is all a hoax. This is all a distraction.' Now, of course, it's clear that they understand the political pain that the empire of fraud, that [Gov.] Gavin Newsom has constructed in California, is gonna cause California Democrats, because this week, he had the attorney general of California and the governor touting all the work they're doing on fraud, total bull crap."

In reality, Ferguson stated, "They have been sitting on top of tens of billions of dollars in known fraud for decades, and doing nothing about it, and not just doing nothing about it, they have been facilitating it. Let me give you an example of this. The government sends tens of millions of dollars to the states every year to fund their Medicaid and Medicare fraud fighting units. Hawaii, just since 2021, has gotten millions and millions of dollars from the federal government to fight Medicaid fraud. Do you know how many convictions they've gotten since 2020? Zero."

That's why the federal government temporarily decertified Hawaii for Medicaid funding. We need to make these fraud-loving Dems feel the financial pain.

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