An official government watchdog has located nearly $1 billion in COVID-era unemployment benefits that are in danger of falling into the hands of fraudsters.
The U.S. Labor Department’s (DOL) Office of Inspector General (OIG) said the issue involves unemployment insurance benefits on prepaid debit cards and state unclaimed property offices, the New York Post reported Monday.
The OIG’s announcement said Inspector General Anthony P. D’Esposito is warning that unless officials take action, American taxpayers could lose $912 million.
“After analyzing 6.5 million prepaid debit cards used to distribute COVID-era unemployment insurance benefits…
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