Millions Paid out in Duplicate and Forged Government Checks.
Abstract
Over the last several years, the Treasury disbursed millions of dollars for duplicate and forged Government checks which were not charged to appropriations and were not handled in accord with all applicable laws. The Treasury's handling of these payments raises important policy questions which the Congress should address to see if legislative revisions are needed or the Treasury's procedures should be changed. The Treasury's failure to accurately account for and control the accounts receivable resulting from duplicate payments and forgeries precludes assurance that millions of dollars will be collected promptly. Poor procedures in initiating collection action and not adhering to prescribed collection standards have also delayed recovery of the funds. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Oct 01, 1981
- Accession Number
- ADA108561
Entities
Organizations
- United States Government Accountability Office