Debit cards help reduce living standards and stamp fraud, abuse.
An electronic debit card system, serving two years by the U.S. Department of Agriculture, food aid raging cut stamp fraud, according to data, which formally released this summer.
The amount misappropriated by the illegal trade rose from $ 815 million in 1995 is estimated at $ 268 million in 1999, said Shirley Watkins, Under Secretary for Food, Nutrition and Consumer Protection Services (FNCS).
“The U.S. government spent $ 21 billion in the food stamp program for 1999. Of course, if you talk about a lot of money, providers of fraud and abuse is a major concern for us” , “She said.
The Electronic Benefits Transfer (EBT) view that is used in Florida, the definition of fraud, “said Watkins.This does not in the near future, Florida is not a place of life for stamps fraud.
In Miami, the owner of a small retail grocery repurchased approximately 5.8 million in food stamps in four years. According to testimony in Congress are in the public sector record this summer and won by The Business Journal, evidence was developed during the investigation that Store owners - whose identity is not revealed by the hand a government - was exchanging food stamps for several other grocery stores in southern Florida, which are not allowed to participate in food stamps.
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