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The GAO estimates that fraudsters have robbed American taxpayers of up to $135 billion. Extending the statute of limitations would allow the DOJ to further investigate these crimes and prosecute even MORE, previously unknown, instances of pandemic-era UI fraud. @RepRudyYakym https://t.co/4GWijwEFbO
The GAO estimates that fraudsters stole up to $135 billion in pandemic-era UI benefits, yet only $5 billion of it has been clawed back. The Statute of Limitations to prosecute these crimes will expire in March. Without Congressional action, these fraudsters will get away with… https://t.co/fIm2SOnBzM
Time is running out to prosecute fraudsters for stealing billions in unemployment benefits meant for American workers! On the @WaysandMeansGOP Work and Welfare Subcommittee, I’m working to stop the fraud and hold perpetrators accountable. Follow our hearing:…
The U.S. government has lost an estimated $100 billion to $135 billion due to fraud related to COVID-19 relief programs, according to the Government Accountability Office (GAO) and the Secret Service. The Paycheck Protection Program (PPP) and unemployment insurance programs have been particularly affected. A hearing held by the House Ways and Means Committee's Work and Welfare Subcommittee is investigating fraud in the unemployment insurance program, where fraudsters are estimated to have stolen between $100 billion and $135 billion in benefits. Currently, only $5 billion of the stolen funds have been recovered. The statute of limitations for prosecuting these crimes is set to expire in March, prompting calls for Congressional action to extend it, which would allow the Department of Justice to investigate further instances of fraud.
