Labor Department watchdog identifies $45 billion of potential pandemic unemployment fraud

Reuters

CenterHigh FactualityPrivate Equity: The Woodbridge Company

Fraudsters likely stole $45.6 billion from U.S. COVID unemployment insurance program

Fraudsters likely stole $45.6 billion from the United States' unemployment insurance program during the COVID-19 pandemic by applying tactics like using Social Security numbers of deceased individuals, a federal watchdog said on Thursday.

CNN

LeftHigh FactualityTelecom: AT&T

Pandemic unemployment benefits fraud may top $45 billion, federal watchdog says

Some $45.6 billion in pandemic unemployment benefits may have been fraudulently paid to criminals between March 2020 and April 2022, the US Department of Labor's Office of the Inspector General said in a memorandum on Thursday. It's the latest report to identify widespread schemes to steal money from a variety of federal relief programs.

The Washington Post

Lean LeftMixed FactualityWealthy Private Owner: Jeff Bezos

U.S. watchdog estimates $45.6 billion in pandemic unemployment fraud

A federal watchdog on Thursday found that fraudsters may have stolen $45.6 billion from the nation’s unemployment insurance program during the pandemic, using the Social Security numbers of dead people and other tactics to deceive and bilk the U.S. government.

CBS News

Lean LeftHigh FactualityMedia Conglomerate: National AmusementsMedia Conglomerate: Michael Redstone

Feds say $45.6 billion in pandemic unemployment aid was likely stolen

Government probe shows scammers used the Social Security numbers of more than 200,000 dead people to claim jobless benefits.

The Hill

CenterHigh FactualityMedia Conglomerate: Nexstar Media Group

Labor Department watchdog identifies $45 billion of potential pandemic unemployment fraud

The Labor Department inspector general on Thursday identified $45.6 billion in potential unemployment insurance (UI) fraud during the pandemic, a figure that far exceeds past estimates.

IOL

Private Equity: Sekunjalo Investments

Fraudsters likely stole $45.6 bn from US unemployment insurance program in Covid-19