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US Citizens Scammed Out of Billions of Dollars by Chinese Hackers, Did the DOGE Efficiency Department Really Work?
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60 Minutes Investigates Transnational Criminal Groups: Doge's Impact and Cybersecurity Threats
The 60-minute investigation delves into the activities of transnational criminal groups, interviewing U.S. officials about the Doge efficiency team's potential help in saving the government nearly $165 billion. The video also reveals how Chinese hackers use generative AI to steal Americans' facial images and personal information, including Social Security numbers, social welfare funds, and disaster relief funds.
Key Findings:
U.S. Government Accountability Office Welcomes Doge's Fraud Exposure
Linda Miller from the Government Accountability Office expressed her appreciation for Doge's revelation of how taxpayers' personal information and assets are being defrauded by international criminal organizations. The agency estimates federal government losses due to fraud at up to $521 billion annually, with Miller believing the actual figure could be between $550-750 billion.
Personal Information Available on Dark Web
Brian Ren, head of the FBI's cyber division, stated that digital criminal groups can almost sell every American's Social Security number on the Dark Web, including personal identity details, names, birth dates, addresses, and other private information, reportedly for as little as two dollars per record.
Disaster Relief Victims' Identities Exploited
Criminals target disaster relief applicants, stealing their identities to fraudulently claim assistance. The Wilkins couple discovered their FEMA account had been hacked and modified during the Los Angeles wildfires.
APT41 Chinese Hacker Group Stealing American Personal Information
The FBI identified the APT41 Group, suspected of working for foreign governments, conducting sophisticated cyberattacks on at least six U.S. state governments in 2021. They steal personal information, commit fraud against government benefits, and launder money through shell companies.
White House Acknowledges Doge's Efficiency Team
White House spokesperson Harrison Fields stated that the Doge team has played a crucial role in improving data accuracy and streamlining federal government processes, helping to identify and prevent fraud.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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