California jobless benefits fraud likely tops $2 billion, bank says

California jobless benefits fraud likely tops $2 billion, bank says

3 years ago
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https://www.siliconvalley.com/2020/12/09/california-jobless-fraud-likely-tops-2-billion-bank-says/

By ADAM BEAM | The Associated Press

SACRAMENTO — Bank of America said Monday it is likely California paid at least $2 billion in fraudulent unemployment benefits, offering a glimpse of the potential size of the problem that has plagued states across the country during the pandemic.

California jobless benefits fraud likely tops $2 billion, bank says

Dec 9, 2020, 1:20pm UTC
https://www.siliconvalley.com/2020/12/09/california-jobless-fraud-likely-tops-2-billion-bank-says/ > By ADAM BEAM | The Associated Press > SACRAMENTO — Bank of America said Monday it is likely California paid at least $2 billion in fraudulent unemployment benefits, offering a glimpse of the potential size of the problem that has plagued states across the country during the pandemic.