In his testimony, the Inspector General stated the fraud alert memos highlighted nearly a billion dollars in fraudulent unemployment benefits remain unclaimed or frozen in prepaid debit card accounts across 21 states and that More than $200 million of funds flagged for fraud have already been transferred to state unclaimed property divisions. which will make that even harder to get back the Recover Covid Unemployment Fraud and Banks act establishes a federal task force led by a national Recovery Coordinator to coordinate … (02:47–02:55)
CLAIM
Asserts that over $200 million flagged for fraud have been transferred to state unclaimed property divisions.
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