Fraudulent unemployment payments doled out during COVID up to $135B: watchdog
The GAO notes that the Biden administration’s Department of Labor “expressed concerns” with the study’s methodology “and stated that the resulting estimate was likely overstated”
The amount of fraudulent unemployment payments doled out during the pandemic was likely between $100 billion and $135 billion, accounting for up to 15% of the total benefits issued between April 2020 through May 2023, according to a government watchdog.
The study doubles the original Government Accountability Office’s estimate provided to the House Ways and Means Committee in February. ---More...
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