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Why hasn't it been gov/lawmakers that investigated?

>In eight states, Deloitte secured multi-million dollar deals based on promises of powerful anti-fraud tech and secure, scalable telecoms infrastructure. In a presentation to the Kansas Department of Labor, in which it claimed to have prevented $100 billion in pandemic unemployment fraud, Deloitte touted “advanced AI-driven fraud detection,” as well as “identity proofing” to help “prevent unauthorized activity,” technologies that had been deployed across U.S. states for over a decade....According to local government data, in states where Deloitte was either asked to help prevent fraud, provide security or ran the benefits system, there was as much as $22.2 billion in fraud.

The governments wanted this system to fail. The world governments and central banks main objective with covid was to devalue currency and boost global stock markets. That's why M2 skyrocketed🚀📈

Explain please, for those of us in the cheap seats.

So... Make them accountable. Irony: they're "accountants"

(cheap conspiracy theory... )

M2 is the money supply. Stimulus and PPP programs boosted M2. With too much money in the system, money has to find a home. When you have an oversupply of M2, you get a lagging inflation factor. And the only thing that can cure inflation, is lack of demand or an increase in supply. But due to covid, the supply chains were bottled up. This added fuel to the inflationary fire. This is why everything from the price of a plant seed to City skyscrapers went up in price. This was the fallout from covid-19.

The fortunate profits over the unfortunate, classic capitalist move.

Here’s an idea. Stop using vendor tech.

I too yearn for the days when any half baked story allowed me to believe there was any rhyme of reason for existence.

Alas.

Meanwhile, PPP was legalized theft by business owners

And use state government tech?

A little more accountability that way... from experience.

Deloitte wastes so much money at federal jobs I know of, they convince these agencies they need to spend spend spend on getting more Deloitte people who do fucking nothing

Maybe that is the fraud...

Title is misleading. It wasn’t the software itself it seems. It was a combination of IAM issues and good old manual override.

If you’re going to present this theory without the evidence of a liquidity crisis cropping up before Covid nobody is going to believe you.

What’s the alternative for organizations that don’t have tech at its core… hire three devs and conquer the world?

[removed]

ok, so was it the cheapest program they could get so they could "save the taxpayers money?"

Maybe they should have spent billions on anti fraud. Humans are very ingenious in fraud when free money is involved

Paper assets don't have feelings. I don't care who believes me. The same thing happened in the roaring 20's. It's all recorded on the M2 chart at the FRED.

Consulting is the biggest grift around

Why isn’t there oversight even on services they contract out? I dont know much, I’m a roofer so not part of the industry at all, and I’m not being facetious I’m actually wondering if it wouldn’t be reasonable.

I did repairs on a shop that manufactured parts for submarines and you couldn’t move a pencil without it being documented and reviewed.

Conspiracy theories give to much credit to the ones involved. Theres no genius master scheme, just crony deals to low effort grifters lol.

Military oriented contracts tend to have greater oversight. They are still figuring out ways to manage tech work that's between overbearing monitoring development in a faraday caged closet and look the other way money pit. Largely it's just inconsistent across the departments that has improved over the years, it's slow movin'.