https://www.zerohedge.com/political/might-be-biggest-fraud-history "This Might Be The Biggest Fraud In History" by Tyler Durden Monday, Feb 17, 2025 - 05:20 PM Elon Musk was expected to remain offline Sunday night into Monday morning as his xAI team prepared for the highly anticipated debut of "Grok 3," scheduled for release Monday evening at 8 p.m. EST. However, the head of the Department of Government Efficiency (DOGE), tasked with streamlining the federal bureaucracy, returned very excited to his social media platform around midnight, unveiling what "might be the biggest fraud in history." Musk posted a spreadsheet of Social Security Administration data showing "numbers of people in each age bucket with the death field set to FALSE!" The data shows that 20.789 million Americans are collecting social security benefits over the age of 100. Drilling down into the age buckets, benefits are still being paid out to folks over 140! "Maybe Twilight is real and there are a lot of vampires collecting Social Security," Musk emphasized. One X user pointed out that 2023 data showed the US population at around 334.9 million. However, Musk's data (likely from DOGE's 'Big Balls' analyst) shows 394 million names in the Social Security Administration database. Musk responded: "Yes, there are FAR more "eligible" social security numbers than there are citizens in the USA. This might be the biggest fraud in history." "Maybe we pause payments to everyone 120+ until they can authenticate they're among the living, to start," Rep. Mike Collins (R-Ga.) wrote on X in response to Musk's post. Collins is far too conservative. Lawmakers should freeze payments over the age bucket of 100 until a clear determination can be made where taxpayer funds are disappearing in this possible money pit that smells like fraud. "If DOGE's numbers are right, $522B—1/3 of ALL spending on Social Security each year—is fraudulent," X user Robert Sterling said. This doesn't include the potential fraud from fake beneficiaries below age 100 (e.g., people in their 70s/80s/90s). By my math and adjusting for a normalized age distribution, this could bring the total amount of fraud to $793B per year. At a DOGE press conference last week in the White House, Musk said: "If money is spent badly. If your taxpayer dollars are not spent in a sensible and frugal manner, then that's not okay. Your tax dollars need to be spent wisely on the things that matter to the people," Musk said. "It's just common sense. It's not Draconian or radical. I think it's really just saying let's look at each of the expenditures and say, is this actually in the best interest of the people, and if it is, it's approved, if it's not, we should think about it," he added. "There's crazy things, like, just a cursory examination of Social Security and we've got people in there that are about 150 years old," Musk said. "Now, do you know anyone that's 150? I don't. OK. They should be on the Guinness Book of World Records, they're missing out." "So, you know, that's the case where, like, I think they're probably dead is my guess, or they should be very famous. One of the two," he added. It now appears DOGE's Big Balls has been heard at work using AI to uncover possible fraud in federal entitlements. So far, we have not verified the data Musk shared on X, but confirmation could be just ahead. This should be next on Big Balls' list... ----------------------------------------------------------------------------------------- I am wondering, who got the money from government then if so many people did not exist ? The banks with their databases on all accounts they could help and assist DOGE and Trump. Those people who got the money for their non-existent counterpart should pay back all the money from government. If it is really that big and paid over decades, the USA could get back, say $20 trillion from unjustified payments, so the USA public debt could be easily gone in a few months. Or big tax rate cuts are possible. Because it is international standard common law that if you get money unjustified you need to pay back all (without interest rates on it), because you were not the intended person to recieve all the money from government. Any other opinions ? Let's discuss how many trillions the USA should recieve back now, when this fraud is just discovered.
as many say here before, zerohedge is such a propaganda and disinformaiton site. the entire united states retirment poplution is about 58 million, you are saying 21 million collecting ss are fraudulent? only a suck would beleive that. the condoms is to gaza is not to gaza in palestine, but to mozambique https://www.cnn.com/2025/02/12/poli...-of-usd50-million-for-gaza-condoms/index.html
So far, we have not verified the data Musk shared on X, but confirmation could be just ahead. hahaha , that's the best part.. Zzzzzz
All the USAID kickbacks and people who got money for no efforts or merits, should pay back the money to the US government with the risk free interest rates on it. Because it was their duty to inform the government that they were not eligible for those incentives and payments. If it that big on USAID too and paid for decades. Trump should sign some more executives or laws that all the money must be paid back to the USA government. This could be some trillions in addition too here.
Without a doubt. But if this wave of bullshit finally creates volatility in the markets, bring it on. Make Alpha Great Again!
I mean all those people who got government money, which is the US taxpayer money so there is a huge public interest here, could be happy if they do not need to go to jail in addition. But the least what they should be forced to do, is to pay back all the unjustified money they got for nothing. It is up to Trump to do some actions now. It should be done urgently, as it is so big money which takes time to collect them all. Trillions should be paid back to US government. You could argue that the money went only to US Americans, but it is not merit based, as those US people did not put in some efforts or had no right to recieve those government money. So for the goal to install a true merit based system all these payments must be paid back to US government. It should be more discussed in the press in the USA as it is so big money. It is better to have big tax rate cuts for this money as this would be merit based.
Musk is blitzed out on Ketamin & suffers badly from Dunning-Kruger effect. He is not a forensic auditor & lacks having any expertise in the SS DB or COBOL. Musk and his flunky hackers are not very knowledgeable about programming languages or setting up a website with any security. Old versions of COBOL use 150 years as a baseline/default. If SS does not know the birthday the default is 150 years. Lookup ISO 8601 to learn more about it.
Yes... Zerohedge is a Propaganda and disinformation site on some US government or CIA/FBI/DOJ etc. articles but on others ZHedge is one of the few places you can get truthful and good alternative information. It is well worth the read for their articles on subjects no other media outlet has the balls or the permission to print. The Washington Post, NY Times, and other MSMedia along with CBS, NBC, ABC and CNN, MSNBC and FOX are almost ALL propaganda. Bought and paid for propaganda... Nonstop... everyone of them. Garbage.
i was on there since 2008, used to be just financial news. since they took money from the russians and the chinese, it became a hotbed for all sort of conspiracies. don’t waste time there anymore.
Yes... I started with them 08' too... with their articles on Market IL-Liquidity... ZH does print some utter crap but still has articles that are spot on. Compared to the MSM articles and news... ZH is way better source of Info... You just have to do cross info checks and do intelligent due diligence. I would say that the Zionist money ZHedge accepted over the last 10 years is far greater amount then the Russian / Chinese money.