The watchdogs are back, said President Joe Biden as he announced on Tuesday that the Department of Justice will appoint a chief justice for pandemic fraud.
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Neon Nettle - Over $100 Billion in COVID Aid Lost to Staggering Levels of Fraud, Report Shows - This is a breakdown of catastrophic proportions that has failed the American taxpayer
How fraudsters and cyber criminals stole billions in unemployment aid from federal program after officials warned it was at high risk of exploitation
The Pandemic Unemployment Assistance program was created under the CARES Act last spring as the pandemic left millions of Americans out of work
About $630million in aid has been doled out under the program aimed at helping workers who are not typically eligible for unemployment insurance
A new report from NBC News broke down how billions of dollars PUA aid ended up in the wrong hands as fraudsters exploited overwhelmed state agencies
Experts described a veritable tsunami of fraudulent claims flooding agencies
California paid out $11 billion in fake jobless claims last year, official says
KABC
LOS ANGELES (KABC) The state of California paid out $11 billion in fake jobless claims and billions more in payments are being investigated as possible fraud, according to the state Labor Secretary Julie Su.
Out of the $114 billion paid in unemployment claims, nearly 10% have been confirmed as fraudulent, said Su. Another 17%, or nearly $20 billion is under investigation. There is no sugarcoating the reality, Su said. California did not have sufficient security measures in place to prevent this level of fraud, and criminals took advantage of the situation.