Tag: $ 2 billion fraud EDD debit cards
EDD Suspends 1.4 Million Unemployment Claims Due To $2 billion Fraud Concerns
Multiple reports from the Employment Development Department (EDD) Wednesday found that over 1.4 million unemployment claims in California have been frozen since the New Year due to concerns over fraud. The EDD has been battling fraudulent cases all year, with...
Former WH Press Secretary Dee Dee Myers Named Newsom’s Chief Economic Adviser
During the weekend, former White House Press Secretary Dee Dee Myers was named by Governor Gavin Newsom as his new Chief Economic and Business Adviser and as director of the Governor’s Office of Business and Economic Development. Myers began her...
California Lost $2 Billion From Fraudulent EDD Unemployment Cards Since March
On Monday, Bank of America, the bank selected by the Employment Development Department (EDD) to be behind their unemployment benefit debit cards, announced that fraudulent cases could be as much as $2 billion. The EDD estimate of the fraudulent cases,...