Anonymous ID: 5fa933 Jan. 12, 2019, 9:19 p.m. No.4734267   🗄️.is 🔗kun   >>4281

>>4733807

>https://twitter.com/JohnCooper0610/status/1084235443435114496

> Ben Carson finds $500 Billion in HUD fraud

Careful anons before meeting this out. This article in from April 2017 and every fact check sight says it's false.

I have not found the accurate original source yet

Anonymous ID: 5fa933 Jan. 12, 2019, 9:24 p.m. No.4734327   🗄️.is 🔗kun   >>4380 >>4451

>>4733807

Moar facts on HUD

 

HUD OIG Report from 2017

 

The total amounts of errors corrected in HUD’s notes and consolidated financial statements were $516.4 billion and $3.4 billion, respectively. There were several other unresolved audit matters, which restricted our ability to obtain sufficient, appropriate evidence to express an opinion. These unresolved audit matters relate to (1) the Office of General Counsel’s refusal to sign the management representation letter, (2) HUD’s improper use of cumulative and first-in, first-out budgetary accounting methods of disbursing community planning and development program funds, (3) the $4.2 billion in nonpooled loan assets from Ginnie Mae’s stand-alone financial statements that we could not audit due to inadequate support, (4) the improper accounting for certain HUD assets and liabilities, and (5) material differences between HUD’s subledger and general ledger accounts. This audit report contains 11 material weaknesses, 7 significant deficiencies, and 5 instances of noncompliance with applicable laws and regulations. https://www.hudoig.gov/sites/default/files/documents/2017-FO-0005.pdf