At Symbridge we want to provide more accountability on projects that Are important to our national security, military and government infrastructure and American taxpayers who pay for these projects. Unfortunately, a congressional report finds that war planners have wasted as much as 60 billion on contract fraud and abuse in Iraq and Afghanistan over a ten-year span. Important Statistics below:
1. Roughly, one dollar for every $3.50 is lost due to fraud calculated just over the last decade.
2. Between $10-$18 billion has disappeared due to fraud which includes contractors ran off with the money.
3. These fraudulent contractors could potentially compromise military missions.
4. A former deputy director of the defense contract audit agency said "between 21 billion and 42 billion of the lost money has gone to incomplete construction and training projects, unnecessary subcontractors, unexplained cost overruns and similar wasteful practices."