$45.6 billion in pandemic unemployment scam

A federal regulator Thursday determined that scammers may have stolen $45.6 billion from the country’s unemployment insurance program during the pandemic by using dead people’s Social Security numbers and other tactics to deceive and trick the U.S. government cheating,” reports the Washington Post.

“The new estimate is a dramatic increase from the roughly $16 billion in potential fraud cases identified a year ago, and it illustrates the immense task that Washington faces in trying to locate the losses that are being stolen Recovering funds and holding criminals accountable for theft is a wide range of federal assistance programs.”

LoadingSave to Favorites