Tuesday, August 10, 2010

Bounty Hunters to Cut Benefit Fraud by £1bn

THE TELEGRAPH: Private agencies are to be paid by the Government to reduce benefit fraud by £1billion, David Cameron is to announce.



Finance experts will identify welfare cheats by trawling through their records, household bills and credit card applications.

The agencies will get a “bounty” payment for each fraudster they identify under government plans to cut the £5.2billion annual fraud bill.

By having access to the Government’s database of incapacity and housing benefit claimants, the companies believe they can shave at least £1billion from the welfare bill, earning as much as £50million.

The Prime Minister will say today that the level of fraud is “absolutely outrageous” and an “uncompromising” strategy is needed.

Mr Cameron will also call on members of the public to report suspected cheats and promise tougher punishments for offenders. >>> Holly Watt, Rosa Prince and Robert Winnett | Tuesday, August 10, 2010

This is so 'old Tory'. Whilst I am not in favour of people cheating the system for benefits, I feel that Cameron should have the balls to target the fat cat bankers who are stealing far more from the system with their multi-million pound bonuses than the paltry sums of money that Jo Average is getting in the form of welfare. Why doesn't Cameron come up with something new and original like jailing bankers who milk the system, and thereby endanger capitalism's very existence? – © Mark | Comment also posted here