Fraud Surges in SNAP - Over One-Third of Agencies Report Spike in Identity Theft and EBT Skimming, Especially Among Multi-Program Systems
ATLANTA, Oct. 22, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions today released its third annual LexisNexis® Risk Solutions True Cost of Fraud™ Study for Supplemental Nutrition Assistance Program (SNAP) Agencies and Integrated Eligibility Systems (IES). This authoritative study reveals the level and impact of fraud, including challenges, volume, and cost, as well as resources that SNAP and IES agencies utilize to detect and prevent fraud. In addition to analyzing the cost of fraud, the study explores the time and resources expended by SNAP investigators to prevent attacks and mitigate fraud and analyzes current fraud trends impacting these critical government benefits.
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