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AI has enhanced The U.S. Department of the Treasury’s fraud detection processes and helped to prevent and recover over $4 billion from fraud in fiscal year 2024 which is up from $652.7 million in fiscal year 2023. Treasury takes seriously our responsibility to protect taxpayer money. We will continue to partner across the federal government to equip them with the necessary tools, data and expertise they need to stop improper payments and fraud. https://home.treasury.gov/news/press-releases/jy265
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