The Antifraud Company raises $5.1M from Abstract, @BrowderCapital & dune ventures (cue the @TBPN gong noises) Alex Shieh announcing the launch with John Coogan & Jordi Hays

No more B2B SaaS — We are introducing "snitching as a service." Unlike software subscriptions that deliver questionable value, our value prop is clear — we find fraud first, and only then do we get paid a percentage of what we deliver.

NEW AT 11 😆: Alex Shieh has dropped out of Brown University after DOGEing thousands of administrators to find out why tuition is so high. Now he's building the Antifraud Company.

New podcast is out with David Dayen & Matt Stoller hosting The Antifraud Company's, David Barclay & Sahaj Sharda who enlighten us on their plan to profit by prosecuting the fraudsters stealing your tax dollars. The best part is you can help! Link in reply.

.Alex Shieh spoke to Reason's Jack Nicastro about how the Antifraud Company, co-founded with Sahaj Sharda and @barclaydavidp, is leveraging the profit incentive and AI to protect the American taxpayer from fraud reason.com/2025/10/24/thi…

DOGE may have been disbanded, but The Antifraud Company is still on the mission. We root out fraud against the taxpayer and hold the perpetrators accountable.

Did somebody say apolitical decentralized for-profit DOGE 👀?!

.Chamath Palihapitiya, I’m building @AntifraudCo, a startup that files qui tams against fraudsters on a repeatable basis with the help of David Barclay, a former FTC attorney & Sahaj Sharda, an author/lawyer/antitrust whiz. Ever since I was invited to testify before Congress at age 20 about

Our co-founder Sahaj Sharda, a Columbia Law grad, explains how The Antifraud Company uses qui tam/the False Claims Act to prosecute fraudulent schemes by middlemen and private actors as a for-profit startup.

There's a way to make a 1000x return on fraud prevention, @Chamath, but it's not through the bond market. The False Claims Act (qui tam) says anyone who uncovers fraud can sue the fraudster on behalf of the government, and keep 15-30% of the recovery. On a billion-dollar fraud,

Q: What does the world look like if @antifraudco wins? A: Organized fraud takes it in the teeth till they stop.

A new fraud AAG will be the impetus for a decentralized, profit-motivated Department of Government Efficiency, saving taxpayers billions. My startup, The Antifraud Company, files qui tam suits against fraudsters in exchange for 15-30% of the recovery amount as guaranteed by the False Claims Act. Vice President JD Vance & DOJ putting

fraudsters rn

.Kevin Bass says >20% of healthcare spending (>$1T) is fraud. The Antifraud Company is filing qui tam (pronounced "key tam") suits against big pharma, insurers, PBMs, etc, who defraud taxpayers. If we win, we get to keep 15-30% of the recovery to offset expenses + profit. If fraud is

Worried about government fraud? Go profit on it! Alex Shieh , Founder of The Antifraud Company , breaks down for @jason how his team will systematically uncover millions of dollars of fraud — and receive 30% under the False Claims Act. Anyone can do find fraud, but Alex Shieh is

Qui tam laws like the False Claims Act gives whistleblowers 15-30% of money the recover from fraudsters the US Government. If you find billions in fraud, that’s a lot for the government and the whistleblower. The Antifraud Company is automating this with AI.

Congrats to our co-founder Alex Shieh!

Thiel Fellow and cofounder of The Antifraud Company Alex Shieh says he's building the Palantir of fraud detection: "People have always been able to find fraud manually. But usually they either luck into it or they have a tip from an insider. "We're trying to eliminate that

Thiel Fellow and cofounder of The Antifraud Company Alex Shieh explains how his company is using AI to identify and collect bounties on fraud: "There are essentially two steps here. The first is that a lot of this data is unstructured. A lot of it is documents. So LLMs really