Identity Verification Gets a Pulse Check
AI Summary
Dead people don’t spend much, but the federal government nearly sent them tens of millions of dollars anyway. Treasury Department said Tuesday (July 21) that its government-wide verification process found more than 4,900 payments worth roughly $99 million associated with deceased payees . The payments surfaced as the department and the Bureau of the Fiscal Service screened more than 885 million transactions totaling approximately $2.77 trillion.
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