Home-buyer tax credit hit by potential fraud

The government's tax credit for first-time home buyers has been a boost to the economy. But it also has attracted a wide range of potential fraud -- from 4-year-olds who claimed they bought a home to people who have owned homes in the past and people who

"There are possibly hundreds of millions of dollars that have been paid to taxpayers who are not entitled to the credit," Atlanta Democratic U.S. Rep. John Lewis, chairman of the House Ways and Means Oversight Committee, said in prepared remarks. "We want to and we need to stop this fraud and abuse.”  ...read more.