Saturday, May 28, 2011

Stimulated scammers (Michelle Malkin on stimulus fraud)

Stimulated scammers (Michelle Malkin on stimulus fraud):

"When President Obama signed the trillion-dollar stimulus law in 2009, he said he was 'keeping the American dream alive in our time.' He failed to mention that billions would go to keeping tax scammers afloat on our dime.

According to a General Accounting Office audit conducted over the last year, nearly 4,000 stimulus recipients received $24 billion in Recovery Act funds -- while owing more than $750 million in unpaid corporate, payroll and other taxes. Among them:

* Two social-services groups with nearly $3 million in unpaid taxes each received more than $1 million in stimulus awards.

* One nonprofit owed more than $2 million from years of unpaid payroll taxes, even as its CEO made numerous trips to a casino. The group won more than $1 million in stimulus funds.

* One engineering-services firm had a $6 million delinquent tax debt and was called by the IRS an 'extreme case of noncompliance,' yet won a contract worth more than $100,000."

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