News and Commentary

U.S. Taxpayers Lost $36 Billion In COVID Relief Funds To Unemployment Scammers

Emily Zanotti
U.S. Taxpayers Lost $36 Billion In COVID Relief Funds To Unemployment Scammers
Kenny Williamson/GettyImages

Scammers, some overseas, have fleeced American workers out of more than $36 billion in emergency unemployment funds — a huge portion of the $900 billion that flooded into the economy as a result of the CARES coronavirus relief act passed in April.

CNBC reports that the supplemental federal unemployment program, passed as part of the CARES Act to give “gig workers” — those who work only part-time or rely on gig economy jobs with companies like Door Dash and Uber to pay the bills — access to hundreds of dollars in weekly unemployment benefits, ended up giving billions to scammers and fraudsters.

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