Lori Chavez-DeRemer on Uncovering Unemployment Fraud and Economic Growth
Forbes Breaking NewsMay 7, 20253 min7,901 views
4 connections·3 entities in this video→Uncovering Unemployment Fraud
- ⚠️ Accountability is highlighted as a key focus, with the Department of Labor for Government Efficiency exposing significant issues.
- 💰 Approximately $4.4 billion in CO funds were initially unused, with $1.4 billion returned to the state treasury and efforts underway to reclaim the rest.
- 🔍 Unemployment insurance fraud has been exposed, with over $400 million in fraudulent payments identified since 2020.
- 👶 Shockingly, over 25,000 individuals over 115 years old collected $59 million, and 28,000 individuals between one and five years old received $254 million in fraudulent payments.
- 🔮 Furthermore, payments totaling $69 million were sent to individuals not yet born, with one case involving a person due in 129 years.
Recovering Stolen Funds
- 🏛️ The Department of Labor is working to recover these stolen dollars and return them to the U.S. Treasury.
- ⚖️ While there was a five-year statute of limitations, an additional five years has been secured for investigations, with a call to eliminate statutes of limitations for fraud recovery.
Economic Growth and Jobs
- 📈 The report of 228,000 new jobs last Friday is seen as positive news for the American people.
- 🇺🇸 The primary focus is on growing the workforce and the economy, with the America at Work Tour visiting all 50 states.
- 🧑💼 The commitment is to keep the focus on the American worker and foster economic growth.
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What’s Discussed
Unemployment Insurance FraudDepartment of LaborCO FundsFraudulent BehaviorGovernment EfficiencyEconomic GrowthAmerican WorkerJob NumbersTreasury RecoveryStatute of Limitations
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