$45 Billion or more in fraudulent unemployment paid over two year period
According to the Government Accountability Office’s (GAO) recent report, approximately $45 billion was fraudulently claimed during the COVID pandemic for Unemployment Insurance (UI). The Department of Labor has taken steps to try to minimize such fraudulent activity, yet they have yet to incorporate prior GAO suggestions into a comprehensive strategy. This has left the billions spent on COVID-related unemployment relief vulnerable to fraud over the past few years. The Government Accountability Office (GAO) stated that …