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Check of welfare clients shows hidden bank funds

A computerized check of bank accounts in Massachusetts indicates welfare recipients nationwide may be hiding as much as $16 billion from government authorities, Gov. Edward King says.

The spot check of 63 (6.2 percent) of the state's banks turned up $25 million in undisclosed assets. One recipient had more than $200,000 in the bank, six others had accounts with $100,000 or more, and a total of 280 people each had at least $20,000 stashed away.

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