How fraudsters stole benefits from recipients’ accounts


Vanessa Rivera (left), Azuri Moon (center), Candace Koole (right) all say their unemployment insurance was stolen from their accounts.

Source: CNBC

As millions of Americans received unemployment payments to get through the crisis, scammers developed a new way to steal cash directly from recipients’ accounts, according to an investigation by CNBC.

When one single mother’s account was emptied, she had to crack open her child’s piggy bank to survive. Another victim choked up when telling CNBC how she left a grocery store empty-handed. A musician said he had to live in his car for a few weeks after his funds were stolen. 

At the heart of the issue is the technology that underpins most of the…


0 0 votes
Article Rating

Miami condo market more complicated after tragic Surfside collapse

Previous article

How shipping behemoth Maersk is navigating the global container crisis

Next article

You may also like

Notify of
Inline Feedbacks
View all comments

More in Investing