Mar 29, 2018

By Wayne Simpson, CFCM, CSCM

Thousands of Registrants Potential Fraud Victims—Check Your Info!!

Once again, the Federal Government’s System for Award Management (SAM) (www.sam.gov) was the target of fraudulent activity. SAM is the official website of the United States Government for entities to register to do business with the Federal Government.

The U.S. General Services Administration (GSA), the Federal agency responsible for administering the SAM System, began notifying registrants on March 22, 2018, after discovering a third-party changed financial information in SAM for registrants. GSA’s Inspector General is investigating the cybersecurity breach.

GSA advises “entities should contact their federal agency awarding official if they find that payments, which were due to their entity from a Federal agency, have been paid to a bank account other than the entity’s bank account.”

As part of the steps GSA is taking to limit further fraud, GSA is now requiring an original, signed notarized letter identifying the authorized entity administrator for the entity associated with the DUNS number before a new SAM.gov entity will be activated. Most assuredly this will be administratively burdensome for new registrants, as well as GSA.

It is unclear how many SAM registrants may be impacted by the most recent fraud perpetrated on them. Press accounts indicate GSA states only “a limited number” of contractors registered in SAM had their financial information changed.

SAM registrants who have not been notified by GSA of fraudulent activity should log into their respective SAM accounts to review their financial information in SAM to ensure it is correct.

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About the Author:

Wayne Simpson
Consultant
Wayne Simpson is retired from the U.S. Department of Veterans Affairs (VA) after 38 years of federal service. He served as the Executive Assistant to VA’s Deputy Assistant Secretary for Acquisition and Logistics where he was the primary staff advisor to the Deputy Assistant Secretary, who serves concurrently as VA’s Senior Procurement Executive and Debarring Official.

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  • James Tingle says:

    Great information to alert all business.