Unemployment insurance programs created by Congress and administered by the Labor Department to support workers during the COVID pandemic became a gold mine for fraudsters to the tune of tens of billions of dollars, according to a new report.
The Government Accountability Office (GAO) estimated that total fraud in four federally-run COVID relief programs was over $60 billion "and perhaps much higher" during the pandemic, adding that the Labor Department has yet to implement an appropriate anti-fraud strategy to combat the problem. ---More...
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