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The US Treasury is using AI (a vehicle for fraud) to detect fraud


The IRS is also using AI for its operations.

In a new release, the Treasury states it prevented and recovered "fraud and improper payments" worth over $4 billion over the last fiscal year (October 2023 to September 2024). One-fourth of the $4 billion apparently comes from recovery by "expediting the identification of Treasury check fraud with machine learning AI." The IRS, for example, has taken steps to use AI to find tax evaders, automate services and conduct audits.

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