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Press Release

LexisNexis® Launches “Fraud of the Day” Forum 1/11/2012

Company educates government officials about how people are defrauding federal, state and local agencies

LexisNexis® Risk Solutions today announced the launch of “Fraud of the Day,” a forum dedicated to educating government officials about how fraud is being perpetrated. Located at www.fraudoftheday.com, the site offers a medium for information sharing and highlights different fraud-related news articles each day, incorporating commentary by fraud, waste and abuse experts such as Larry Benson, director of strategic alliances for revenue discovery and recovery at LexisNexis.

The forum features links to news, events and resources pertaining to governmental fraud, video commentary from experts in the tax and revenue and social services arenas and “Fraud Commentary by Larry,” drawing attention to fraud in the news and ideas/tidbits on combating it.

“Most taxpayers are willing to pay their fair share so that federal, state and local government agencies can provide key services like education and public safety, but there are also unscrupulous individuals out there who are defrauding the government,” said Haywood J. Talcove, CEO, Government, LexisNexis Risk Solutions. “Identifying how the government and, most importantly, the taxpayer are being defrauded and solutions to stop it are key ways to find savings. When we realized that there was no single resource dedicated to informing government about the many types of fraud, we knew it was important to develop this resource.”

“There is a real demand for information about governmental fraud,” said Benson. “As the economy remains in flux, perpetrators are finding more and more creative methods of defrauding the government of money. This forum will bring some of these approaches to light, enabling the individuals charged with fighting fraud to learn, share and interact with each other.”

The “Fraud of the Day” is available via email, as well. To subscribe, visit www.fraudoftheday.com.

About LexisNexis Risk Solutions
LexisNexis® Risk Solutions (www.lexisnexis.com/risk/) is a leader in providing essential information that helps customers across all industries and government predict, assess and manage risk. Combining cutting-edge technology, unique data and advanced scoring analytics, we provide products and services that address evolving client needs in the risk sector while upholding the highest standards of security and privacy. LexisNexis Risk Solutions is part of Reed Elsevier, a leading publisher and information provider that serves customers in more than 100 countries with more than 30,000 employees worldwide.

Our government solutions assist law enforcement and agencies with deriving insight from complex data sets, improving operational efficiencies, making timely and informed decisions to enhance investigations, increasing program integrity, and discovering and recovering revenue.

Media Contact Mary Alice Johnson
ConnellyWorks, Inc.
Phone: 571-323-2585, ext. 2140
maryalice@connellyworks.com