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.
Newt hosts monthly virtual events in which he discusses news of the day and why it matters to you and your community. These Newt Live events are your opportunity to communicate directly with Newt. We hope you will join us next time and let Newt answer your questions and provide his insight on the issues that concern you most.
JOIN TODAY to be a part of this special event and receive a BONUS GIFT. Click here to join Newt’s Inner Circle.
Guest: Anne Marie Schubert
COVID-19 Fraud
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
EDD’s Fraud Prevention Approach During the Pandemic Was Marked by Significant Missteps and Inaction
News Articles
CA EDD Admits Paying as much as $31 Billion in Unemployment Funds to Criminals – ABC 7 News
