The California EDD says they've recovered $1.1 billion in unemployment insurance funds from inactivated benefit cards, the latest in a series of steps they've taken to combat fraud.
The state's Employment Development Department says they have recovered $1.1 billion in unemployment insurance funds that were found on inactivated benefit cards.
The recovered funds, found on 780,000 EDD cards that were inactivated, were from the emergency federal Pandemic Unemployment Assistance program and will be returned to the federal government, state officials said. it's the latest in a series of moves state officials have taken to combat unemployment fraud. Last month, EDD says it blocked a recent scheme that flooded its system with as many as 47,000 potentially fraudulent unemployment insurance claims filed by paper and fax, worth up to $560 million.
In the past 15 months, EDD officials say they've launched 1,525 investigations, made 467 arrests, secured 162 convictions, and seized about $3.5 million. Fraud claims overwhelmed California's unemployment insurance system pandemic, causingFirst published on June 21, 2022 / 3:15 PMCreate your free account or log inPlease enter valid email address to continue
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BTC, DOGE, and SHIB Price Analysis for June 21Can BTC rise together with the biggest meme coins? Dogecoin dogecoin jasdoge DogecoinMemes RacerDoge crypto cryptocurrency
Read more »
Biden open to sending Americans money to pay for gasBiden told reporters that gas rebate cards are 'part of what we're considering.'
Read more »
Column: No Machado, no Tatis shouldn't overwhelm PadresStarting pitching, third wild card can help Padres weather absence of two stars.
Read more »
Actor Lori Loughlin Appears on Red Carpet for First Time Since College Admissions Scandal'Full House' actor Lori Loughlin attended DesignCare 2022 Gala on Saturday, marking her first red carpet appearance since she was embroiled in a college admissions scandal.
Read more »