Insurance fraud scams, including staging accidents and creating fake titles for nonexistent cars, cost Americans billions of dollars a year. How do savvy insurance agents suss them out?
Ohio paid out millions of dollars in unemployment to fraudulent claims, while also overpaying some legitimate claims. A report from the state auditor shows ODJFS paid out $477 million in fraudulent benefits and overpaid more than $3 billion on legitimate claims (April 2020 through June 2021).
Approximately $100 billion have been fraudulently swiped off COVID-19 related relief programs, according to a recent announcement by the U.S. Secret Service, with most of the figure coming from unemployment benefits improperly disbursed over the course of the pandemic.