The post Elon Musk’s DOGE Probe Exposes Federal Wealth Fraud appeared on BitcoinEthereumNews.com.

Elon Musk’s D.O.G.E is investigating federal employees whose wealth exceeds their official salaries. Donald Trump mandates agencies to assist in identifying fraud and reducing the federal workforce. Federal employees face layoffs, reassignment, or buyouts as part of the initiative. Elon Musk’s Department of Government Efficiency (D.O.G.E) is investigating federal employees whose net worth appears disproportionate to their salaries. The office, established by President Donald Trump, aims to identify financial irregularities and curb government inefficiency. “We find it rather odd that people in the bureaucracy, with salaries of a few hundred thousand dollars, have somehow accumulated tens of millions,” Musk said from the Oval Office on Tuesday. The investigation is part of a broader effort by the Trump administration to reduce the size of the federal workforce. A new policy mandates that for every four federal employees who leave, only one can be hired. This excludes law enforcement, national security, immigration, and public safety roles. Federal Agencies Required to Cooperate According to a White House fact sheet, Trump has ordered all federal agencies to work alongside D.O.G.E. The office has deployed investigators to track payrolls, review assets, and, if needed, shut down offices suspected of financial misconduct. Related: Elon Musk DOGE Team Moves to End $8M Federal Politico Subscriptions Amid USAID Funding Controversy Trump claims D.O.G.E has already uncovered “billions in waste, fraud, and abuse.” Musk also criticized the Treasury Department for weak safeguards, alleging that unchecked payments are flowing to unauthorized entities. “It’s like a massive number of blank checks just flying out of the building,” Musk told reporters.  He has also been posting cases of alleged fraud on X, urging fact-checkers to verify his claims. Trump has vowed to push D.O.G.E’s findings through Congress if necessary.  The crypto community weighed in on Elon Musk’s D.O.G.E investigation, supporting the scrutiny…

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Filed under: News - @ February 12, 2025 8:23 am