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EDD admits to paying $20 billion in fraud. Here’s what you can buy with that money

EDD admits to paying $20 billion in fraud. Here’s what you can buy with that money

Jobless Californians struggled to fund legal claims, all while the EDD paid out more than $20 billion in fraudulent accounts.

For more than a year, KCRA 3 Investigative Bodies have been looking at the unprecedented number of Employment Development Department scam claims that were paid at the start of – and after – the pandemic. EDD paid more than $20 billion to fraudulent accounts. KCRA 3’s documentary Easy Money: Fraud, Fortune, and Failure explores the wave of problems caused by EDD failures, and speaks to unemployed applicants, legislators, and detectives and unemployed business owners who have been affected. You can watch the special team’s post-match debut against the NFL on Sunday, December 12, on KCRA 3 or online at KCRA.com. Here’s what you can buy with $20 billion:

For months, KCRA 3’s Investigative Bodies have been looking at the unprecedented number of Employment Development Department fraudulent claims that were paid at the start of – and after – the pandemic.

Jobless Californians struggled to fund legal claims, all while the EDD paid out more than $20 billion in fraudulent accounts.

Documentary by KCRA 3 Easy Money: Fraud, Luck and Failure Explore the wave of problems created by the failure of the EDD, and speak to unemployed applicants, legislators, detectives, and unemployed business owners who have been affected. You can watch the special team’s post-match debut against the NFL on Sunday, December 12, on KCRA 3 or online at KCRA.com.

Here’s what you can buy with $20 billion:

https://www.kcra.com/article/edd-admitted-paying-out-20-billion-fraud-what-you-could-buy-with-that-money/38454964 EDD admits to paying $20 billion in fraud. Here’s what you can buy with that money

JOE HERNANDEZ

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