US Army committed $6.5 trillion in accounting fraud in one year

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In June, the Defense Department’s Inspector General released a report on the US Army’s accounting, revealing that the Army had invented $6.5 trillion in “improper adjustments” ($2.8T in one quarter!) to make its books appear balanced though it could not account for where the funds had gone. (more…)

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US Army committed $6.5 trillion in accounting fraud in one year

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