California unemployment fraud scandal grows to $11 billion, with another $20 billion under scrutiny - News Summed Up

California unemployment fraud scandal grows to $11 billion, with another $20 billion under scrutiny


At least $11 billion has been looted from California’s coffers in an unemployment fraud scheme run rampant across the state, while another $20 billion in possible losses is still being investigated. "California has not had sufficient security measures in place to prevent this level of fraud, and criminals took advantage of the situation." The California Employment Development Department (EDD) froze the accounts of 1.4 million relying on the assistance earlier this month while it investigated the fraud. Some 19 million claims have been processed by the department. "It should be no surprise that EDD was overwhelmed, just like the rest of the nation’s unemployment agencies," Su said.


Source: Fox News January 26, 2021 23:48 UTC



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