US Government Accountability Office pegs pandemic unemployment fraud at $135 billion
That would amount to 15% of total unemployment benefits distributed during the pandemic.
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Sep 13, 2023, 10:17 AM
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Updated 317 days ago
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3h agoAs much as $135 billion in fraudulent COVID-19 pandemic unemployment insurance claims were likely paid out, according to a report released Tuesday by the U.S. Government Accountability Office.
That would amount to 15% of total unemployment benefits distributed during the pandemic. It is also an increase from another $60 billion estimate in January.
However, the Department of Labor says the GAO is likely overestimating the actual amount of fraud.
