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Allstate Identity Protection Finds 17,000% Increase In Unemployment Fraud in 2020

Allstate Identity Protection Finds 17,000% Increase In Unemployment Fraud in 2020
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NORTHBROOK, Ill., May 6, 2021 /PRNewswire/ The COVID-19 pandemic has forced Americans online at unprecedented levels, placing their personal identities and data at risk. Cybercriminals have reaped the benefits. Unemployment fraud skyrocketed more than 17,000% and tax fraud grew 258% year over year, according to data collected by Allstate Identity Protection (AIP). Both are likely to continue rising in 2021, with unemployment fraud cases expected to more than triple again this year.
Pre-pandemic, unemployment fraud accounted for only a sliver of all identity theft, including less than 0.1% of AIP s identity fraud cases. Today, it represents approximately 70% of the fraud cases resolved by AIP. Since the start of the pandemic, the Department of Labor has estimated that scammers have collected $36 billion in fraudulent unemplo ....

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Virginia Beach Man Sentenced for Defrauding Nearly 1,700 Victims in $1 Million Small Business Loan Scam, DOJ Reports

Virginia Beach Man Sentenced for Defrauding Nearly 1,700 Victims in $1 Million Small Business Loan Scam, DOJ Reports
Last Updated: Sunday, 11 April 2021 07:56
April 11, 2021 - NORFOLK, Va. – A Virginia Beach man was sentenced last Friday to 10 years in prison for his role in an internet-based loan scam that defrauded nearly 1,700 owners and
prospective owners of small businesses out of $1,076,000, and for fraudulently collecting unemployment benefits during the COVID-19 pandemic.
According to court documents, Ronald A. Smith, 60, and his co-defendant and wife, Terri Beth Miller, 53, set up an internet-based company, Business Development Group, that offered, in exchange for an advance fee, assistance to individuals in preparing applications to obtain loans guaranteed by the Small Business Administration. From August 2012 through February 2018, Smith and Miller solicited potential customers on the basis of false, fraudulent, and misleading statements and rep ....

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Once categorized as 'essential,' grocery workers say they now feel 'expendable'

Once categorized as 'essential,' grocery workers say they now feel 'expendable'
kadn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kadn.com Daily Mail and Mail on Sunday newspapers.

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Once 'essential,' grocery workers now feel 'expendable'

Once 'essential,' grocery workers now feel 'expendable'
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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State nearly ready to accept filings for renewed federal UI programs

Displaced workers who saw their federal unemployment aid run out before several programs ended in December can reopen or file new claims under renewed programs later this month. ....

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