Visa and Mastercard do detect fraud in near real-time using AI systems. However, the post conflates federal prosecution timelines (which can reach 10 years) with fraud detection speed — federal investigations typically take 1-5 years, not a decade. The GAO confirms the government loses $233-521 billion annually to fraud, and slow detection is part of the problem, but the framing of a simple 10-year detection lag oversimplifies why fraud persists — systemic coordination failures, inadequate controls, and data limitations are documented as the root causes.