WASHINGTON, Sept. 29 -- Sen. Joni Ernst issued the following press release:

WASHINGTON - Today, U.S. Senator Joni Ernst (R-Iowa) released her latest investigation revealing how fraudsters are becoming billionaires by bilking taxpayers.

Ernst highlights ten scammers who collectively billed government programs for over $21 billion. More than $3.1 billion of those bogus charges were paid. The crooks spent the loot on million-dollar mansions, luxury vehicles, extravagant jewelry, and a beachside resort. They also laundered millions of dollars overseas to China and the Russian mob.

"Klepto-currency is creating a new class of billionaire bandits," said Ernst. "While Iowans are juggling rising health care costs, these criminals are building emp...