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12:49 AM / Wednesday April 24, 2024

Color Of Money

Auto bailout cost less than originally thought

June 6, 2011

he Obama administration said Wednesday that the government will lose about $14 billion in taxpayer funds from the bailout of the U.S. auto industry, a third of the loss officials had initially estimated. In a report from the president’s National Economic Council, officials said that figure is down from the 60 percent…

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Taxpayer identity theft is soaring

June 6, 2011

Imagine filing your tax return and learning that someone else got your refund. With your name and Social Security number, no less. The IRS is grappling with a nearly five-fold increase in taxpayer identity theft between 2008 and 2010, a Government Accountability Office official plans to tell a House hearing Thursday.

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Butkovitz launches Philadelphia’s first fraud reporting app

April 23, 2011

As an innovative approach to meeting today’s rapidly-changing technological landscape, City Controller Alan Butkovitz last week launched the City of Philadelphia’s first fraud reporting app called, “Philly WatchDog,” that allows citizens to take an active role in reporting fraud through smartphone technology.

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The Philadelphia Sunday Sun Staff