Fraud Prevention
The U.S. Department of Housing and Urban Development (HUD) Office of Inspector General (OIG) is committed to protecting HUD's programs and taxpayers' dollars from unscrupulous individuals and corporations who take advantage of the housing programs administered by HUD.
A major mission of HUD OIG is to prevent waste, fraud, abuse and serious mismanagement by HUD's customers, employees, contractors and other vendors associated with the housing industry in Public Housing, Multifamily, Single Family, Community programs, and the mortgage industry. The OIG conducts audits and investigations to identify both internal and external problems. Audits and investigations are both a preventative and a reactive measure to identify weakness within HUD and recover funds and tax dollars associated with HUD's programs.
A second mission of HUD OIG is to prevent problems before the problem becomes a major issue. Therefore, "Fraud Prevention" is a key component to protecting HUD's programs for all individuals and the Department. The following fraud prevention information is available for use by all with links to additional consumer resources.
What is Fraud?
Any intentional deception designed to deprive the United States unlawfully of something of value or to secure from the United States for an individual a benefit, privilege, allowance, or consideration to which he or she is not entitled. Deceit, trickery, or breach of confidence, used to gain some unfair or dishonest advantage. Any illegal act that causes HUD to lose taxpayers monies.
What is Prevention?
Any type or media form of information which is used to hinder or stop the fraudulent act from occurring. Deterrence and Avoidance to prevent the action from occurring. Educational information.