Taxpayers lost $163 billion to COVID unemployment fraud
With
The Chase COVID Unemployment Fraud Act of 2022 would allow states to keep 25% of any improper payments they recover and use the money for hiring fraud investigators and prosecutors, modernizing unemployment compensation systems and other program integrity measures. States would be allowed to retain 5% of overpayments recovered in the future.
While the COVID unemployment money was federal, states were responsible for administering the program and distributing checks. Of the estimated
The
Introduced in May, the bill has 42 co-sponsors. All are
As a ranking member of the
"
A
The organization United to Safeguard America from Illegal Trade is on the frontline of the fight against international fraud and counterfeiting. Its spokesman,
"I'm sure these offices don't want the money to be used unlawfully," Albence said. "It's just a matter of resources available to conduct investigations and invest in identifying fraud. When you get money to do that, it certainly changes the dynamic and makes it a much more feasible activity for these states to engage in."
The
In the last six months, LexisNexis has seen the production of fake drivers' licenses increase by 700%, Talcove said.
On
Horowitz added agencies should use existing data to verify eligibility like the "Do Not Pay" system, which is best at identifying improper payments.
In early June, two bills passed the House that increased the statute of limitations to 10 years for prosecuting pandemic-relief program fraud related to Paycheck Protection Payment and Economic Injury Disaster Loan.
An
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NY law would require landlord disclosures of flooding history
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