Unemployment Fraud Schemes Cost Taxpayers Millions
- BY Alli Fick
For most Americans, 2020 was a challenging year. But for thieves and fraudsters looking to exploit government assistance, it was a banner year.
Federal policies meant to aid out-of-work individuals at the height of the COVID-19 pandemic made the unemployment system an easy target for scandal. New research reveals that taxpayers could be on the hook for more than $300 billion in improper unemployment insurance payments.
So how did this happen?