
Cybercrime
U.S. Taxpayers Lost $163B to Unemployment Fraud During Pandemic. It Could Have Been Worse – Inside Sources
U.S. Department of Labor Inspector General Larry Turner says he believes American taxpayers may have lost as much as $163 billion in COVID-19 pandemic unemployment benefits to fraud, an amount roughly equal to the entire state budgets of Texas and Ohio combined. And that is the good news. Last June, identity fraud experts were projecting that as