$32 billion in EDD fraud – California Globe

Did Julie Su Do California a $32 Billion Favor?

September 30, 2024 6:27 pmSeptember 30, 2024 6:27 pm

Earlier this year, Julie Su’s federal Department of Labor essentially forgave California its $32.6 billion debt caused directly by the massive defrauding of the state’s unemployment agency, the EDD. That debt was created when Su was the state’s labor secretary...

EDD Switches Over To Money Network For Benefit Payments Following $32 Billion in Fraud

February 16, 2024 1:02 pmFebruary 16, 2024 1:02 pm

The Employment Development Department officially switched over from Bank of America to Money Network for unemployment, disability, and Paid Family Leave debit card payments, following years of issues with BofA issued cards. According to the EDD, old Bank of America...

$139 Dollars A Second: That’s How Much the EDD Will Borrow TODAY…

May 27, 2023 8:08 amMay 27, 2023 8:09 am

$139 Dollars A Second: That’s How Much the EDD Will Borrow TODAY… …And how much it borrowed yesterday and has borrowed every day since May 8 when it paid the feds about $1.8 billion to cut its outstanding pandemic unemployment...

Unemployment Fraud Climbs to $32 Billion with No Accountability in Sight

October 8, 2022 2:45 amOctober 8, 2022 8:14 am

If giving unemployment benefits to criminals sitting behind bars or fraudsters in foreign countries wasn’t enough to make your stomach turn, recently, we learned that California’s unemployment fraud initial estimate of $20 billion is closer to $32 billion and counting. During the...