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California unemployment: Man records call with Bank of America as he learns bank closed his account without notice

How did California handle its unemployment crisis compared to other states? The amount of unemployment funds stolen from California taxpayers in 2020 may total more than $8 billion four times higher than estimated just one month ago. A Bank of America representative told him: There was no investigation done because once we received the claim, EDD gets the alert there is a claim going on. They automatically close it, saying there is fraud risk, fraud risk so they don t give us time to actually work the claim. The Bank of America representative offered multiple times during the call to reopen the claim; still Bolik was frustrated. On the recording, he attempts to clarify what he s hearing.

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