Michigan Jobless Agency Lost $11 Billion in Fraud, Report Says

Michigan estimates losing $8.5 billion to unemployment fraud since the start of the COVID-19 pandemic, but the CEO of a fraud prevention company says that number is closer to $11 billion.

Haywood Talcove, the CEO of LexisNexis Risk Solutions’ Government Group, which provides fraud prevention tools to 26 state unemployment programs and the 50 top US banks, told The Center Square in a Zoom interview that profiles on the encrypted messaging app Telegram are fraudulently selling Michigan unemployment benefits.

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Michigan Jobless Agency Lost $11 Billion in Fraud, Report Says

Michigan estimates losing $8.5 billion to unemployment fraud since the start of the COVID-19 pandemic, but the CEO of a fraud prevention company says that number is closer to $11 billion.

Haywood Talcove, the CEO of LexisNexis Risk Solutions’ Government Group, which provides fraud prevention tools to 26 state unemployment programs and the 50 top US banks, told The Center Square in a Zoom interview that profiles on the encrypted messaging app Telegram are fraudulently selling Michigan unemployment benefits.

Read More