Trump 1% fraud reward vs Treasury TIP
by Kelsey7f: Donald Trump
The reward math is the part worth sitting with. Trump (realDonaldTrump) says a 1% commission goes to whoever helps recover $1 billion by turning a fraudster in, and it's being folded into the administration's anti-fraud effort. That effort already has a Treasury tip line from July behind it. What the Treasury TIP program hands out is a cut of 10% to 30% of recovered penalties, so 1% comes in under the current scale. M&M News has the story, sourced to FoxNews
Transcript (en)
Trump offering a 1% reward for exposing fraud. Crazy work. Interesting. He announced a program that will pay people a 1% commission on fraud money they help uncover. If you turn somebody in and you find a billion dollars, we're going to give a commission to that person of 1%. It adds to the administration's anti-fraud push, which includes a Treasury tip line launched in July. Treasury's TIP program already offers rewards of 10% to 30% of penalties recovered. What do you think about that? How many people do you think are going to use that line to try to report him on stuff? That's funny. I'm sure there's got to be some good replies to that tweet. Oh, I bet you there's so many people going in on that. Yeah, literally the first one that I see here is about Congress. but it said, I'd like to report the United States Congress for a trillion dollars a year. Oh, man. And then, yes, this guy goes, so could I get 1% of a $400 million Qatari jet? Man, that's got to be a bit. Also, he did get community noted. It still gathering ratings I haven seen that yet DOG published guidance caps individual whistleblower rewards at up to per tip not an uncapped 1 of fraud uncovered with a total fund of million A billion-dollar fraud tip would not yield a $10 million payout. That's actually here I'm saying, I guess. So here's what we're going to be doing. Anybody that can prove that he turned somebody in, in other words, he or she, If you turn somebody in and you, let's say, report and you find a billion dollars, we are giving a commission to that person of 1%. It's a lot of money. And if it's $10 billion, $200 billion, $400 billion, we're giving a 1% commission to that person. A billion. off for 100 billion take it sign me it's hard to yeah it's really hard to watch all this stuff man it's i can't take any of it seriously oh hey man it's an opportunity to become a billionaire zelinski open to freezing the war apparently stocks rates the fed and where the money is going are things that we talk about all the time over here. So if you're into that, hit that follow button.
