Part 2 – By January 2021 the California State Auditor had identified at least 11.4 billion dollars had been taken from the California unemployment insurance program, but many experts are now estimating the fraud could be as high as 31 billion dollars. In this episode find out how criminals in prison gamed the EDD system to steal billions. Newt’s guest is Anne Marie Schubert, District Attorney for Sacramento County, California.
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Guest: Anne Marie Schubert
FBI Anticipates Rise in Business Email Compromise Schemes Related to the COVID-19 Pandemic
Massive Fraud Against State Unemployment Insurance Programs – Secret Service (May 14, 2020)
EDD Fraud in California – Reports
Significant Weaknesses in EDD’s Approach to Fraud Prevention Have Led to Billions of Dollars in Improper Benefit Payments – California State Audit Report
EDD’s Fraud Prevention Approach During the Pandemic Was Marked by Significant Missteps and Inaction
CA EDD Admits Paying as much as $31 Billion in Unemployment Funds to Criminals – ABC 7 News
EDD Fraud Could Cost Average California Family Thousands of Dollars, said Rep. Tom McClintock – ABC 10 News
California Dropped its Guard Before it was Hit with $2 billion in Unemployment Fraud – Los Angeles Times
Felon’s Overtinted Windows Leads to Ghost Gun, Drugs, Several Bogus EDD Cards In Glendale – CBS Los Angeles
EDD Fraud: California Woman’s Stolen Information Used to Collect Thousands in Unemployment Benefits – ABC 7 News