Tuesday, March 23, 2021

Hey, It's Our Money

ID.me, a computer security firm which works with 22 states to combat unemployment fraud and successfully helps workforce agencies identify legitimate unemployment claimants, estimates that more than $300 billion in federal assistance for unemployed Americans has been pocketed through fraud. The finding is more than triple the official government estimate of $63 billion, based on the 10% pre-pandemic fraud rate.

The recipients are in Nigeria and Russia. And who gets the blame for this? You guess it. The federal government. They didn't put in enough safeguards. https://www.foxbusiness.com/economy/pandemic-unemployment-benefits-fraud-could-top-200b-firm-says

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