Maryland Uncovers $500 Million Coronavirus Unemployment Fraud Scheme

By News on the Net -- Forbes —— Bio and Archives July 21, 2020

Comments | Print This | Subscribe | Email Us

TOPLINE As states grapple with unprecedented numbers of unemployment applications and outmoded systems, Maryland officials are investigating a massive coronavirus unemployment insurance fraud scheme, totaling over $500 million, that uses stolen identity data to submit false claims. Gov. Larry Hogan announced on Wednesday that the fraud involved over 47,500 falsified insurance claims. According to Hogan, the scheme was discovered by unemployment insurance website employees who noticed an unusually high number of claims being submitted from outside of the state. -- More...