California's Unemployment Fraud: $20B Stolen, $1B Deficit
Fresno News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Californias Employment Development Department grappled with massive fraud and a significant deficit due to COVID-19. They partnered with law enforcement to secure convictions and recover funds, but much of the stolen money was sent overseas or turned to cash. The department has since implemented better fraud prevention measures and is considering raising employer taxes or cutting benefits to address the fund deficit.
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