NICK PANNERI, CFE
 
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Feds Lose Big from Lack of Fraud Analytics?

1/26/2013

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Well, the article mentions an investigation by a US Attorney turned up a Texas death certificate from 1984. This seems to indicate there was a record of her death with the State of Texas (just waiting to be found by the SSA)!

In three minutes I found a record of her death at http://www.deathindexes.com/texas(check out the screen shot below) – and the search was free! There’s only 50 states. It sounds like the SSA could use some fraud analytics. How about setting up some “vital record” FTP feeds from the states and cross referencing it with the SSA database? They could even get fancy and throw in some data mining of social media sites (just in case the death doesn’t get reported timely but the family members tweet about it)!

CLICK HERE for the full story….>

That’s not all! The article reports the other recent occurrences listed below and that CNN recently estimated $40 million in SSA benefits have been paid to dead people!

Willa Mae Shaughnesy – $231,000
Thomas Parkin – $44,000
Judy Dinsmore – $75,000
Gail Andrews – $73,000
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Total savings from an analytic initiative – $423,000……and counting. Now, how much have you paid in social security taxes this year?

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