Elon Musk
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Appearances Over Time
Podcast Appearances
But the person who approved that recurring payment changed jobs, died, retired, or whatever, and no one ever turned the money off.
And my guess is that's probably at least $100 billion a year, maybe $200.
I mean, there are millions of these payments.
In a bunch of cases, there are fraud rings that operate, professional fraud rings that operate to exploit the system.
They figure out some security hole in the system and they just do professional fraud.
And that's where we found, for example, people who were 300 years old in the Social Security Administration Database.
Or at least one of two things must be true.
There's a typo or some mistake in the computer or it's fraudulent.
But we don't have any 300-year-old vampires living in America.
And we don't have people in some cases who are receiving payments who are born in the future.