https://www.siliconvalley.com/2021/01/15/edd-unemployment-fraud-scandal-lawsuit-bank-america-covid-economy-jobs/

Bank of America exposed unemployed California workers to fraud and suspended jobless payments after the banking behemoth failed to properly safeguard their benefits accounts, a federal class-action lawsuit claims in the latest twist involving a widening Employment Development Department fraud scandal.

The lawsuit alleges that that financial leviathan, despite being required by its exclusive contract with the EDD to provide secure accounts for the processing of unemployment benefits, didn’t use an array of techniques such as industry-standard chip technology to help ward off fraud against the unemployed workers.