Half of the unemployment money distributed during the COVID-19 pandemic has reportedly been stolen with many believing the theft was initiated by criminals and funneled out of the country, reports Fox News.
On Thursday, reports said more than $400 billion in U.S. aid was lost to fraudulent claims.
Experts suggest at least 70 percent of the funds were sent to criminal networks in other countries including China, Nigeria, and Russia.
The Secret Service said an alleged Nigerian crime ring committed fraud on unemployment insurance programs by using Social Security numbers belonging to the victims of identity theft.
The Secret Service released a statement that said, “it is assumed the fraud ring behind this possesses a substantial PII database to submit the volume of applications observed thus far.” They warned, “the primary state targeted so far is Washington, although there is also evidence of attacks in North Carolina, Massachusetts, Rhode Island, Oklahoma, Wyoming, and Florida.”
The increase in fraud comes as many states are having trouble processing a huge amount of jobless claims resulting from the COVID-19 pandemic.
According to the Clown Network CNN:
Congress created a new Pandemic Unemployment Assistance (PUA) program that provides benefits to those who don’t typically qualify, including freelancers, the self-employed, and independent contractors. This program was a particular target of criminals because the US Department of Labor and states allowed claimants to self-certify their employment and earnings. Eligibility for traditional state benefits has to be verified through an employer.
The honor system! Because we have so much money to throw away. Democrats like the honor system and went to it in 2013 with Obamacare. They dropped all anti-fraud measures. We don’t have to tell you that it was a bust.
The Secret Service announced it is extremely likely every state is vulnerable to this scheme and will be targeted if they have not been already.
Another big Biden-Pelosi-Schumer success story. But, don’t worry, Biden’s spokesperson Gene Sperling says, “President Biden has been clear that this type of activity from criminal syndicates is despicable and unacceptable.”
WOW, such tough words.
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These losers are amazing, Their only agenda is tax and spend and then there doesn’t seem to be any oversight on where the money goes. How would you like this mob running your budget?
YOU THINK THE GOVT. IS GOING TO PROTECT US CHUMPS FROM FOREIGN NATIONS, LOL?
Much of this is due to the Big Blue Democrat Deep State Bureaucrat Government trying to centralize everything in DC so they can have total control. They gather our personal information and allow business to gather our personal information and no one protects that information. Congress MUST make our personal information our information. Big Tech MUST be broken up into very small pieces and anytime Big Tech misuses our information or sells it, we should have a right to sue them. As long as Government can do what it wants with our information there will be identity theft and fraud. But you see Communist don’t care because it’s not your information, it’s the “Government’s” information.
TREASON HAS BECOME IN FASHIONABLE IN ALL THE GOVERNMENT ,slapping criminals on the rist,or just ignoring them altogether,HAS BEEN A TOTAL DISASTER FOR AMERICA,there isn’t one politician who hasn’t taken HUGE BRIBES,and their OATH TO GOD,Oh they laugh about that ,because they know theres no men who will stand up to save the country,AMERICA has been partied into the trashcan,BUT PAYDAY IS COMING…and you won’t like it,COWARDS don’t deserve freedom or liberty,and the people of america have lost everything now,WAR IS COMING,the whole world is AWAKE NOW,and they aren’t happy campers…
The US is a losing nation. There will be no investigations or repercussions for this theft. Mitch and his gang of RINOs will say nothing, they approved the plans.