Covid-19 Unemployment Fraud May Have Topped $45 Billion, Watchdog Estimates – The Wall Street Journal

Covid-19 Unemployment Fraud May Have Topped  Billion, Watchdog Estimates – The Wall Street Journal

Criminals potentially stole an estimated $45.6 billion by making fraudulent unemployment insurance claims meant for people laid off during the Covid-19 pandemic, a government watchdog said.

The new tally is nearly three times last summer’s estimate of over $16 billion in fraudulent payments.

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