International Fraud Ring Steals Billions In EDD Money From California

Posted on June 28, 2021 | Infrastructure and Data Protection

More than $11 billion has been stolen from the state of California through Employment Development Department fraud.

Experts say a large portion of that fraud has been perpetrated by a very sophisticated and organized fraud ring based out of Nigeria. Documents acquired by CBS2 show how easily scammers are able to cheat the unemployment system using how-to manuals they find on the dark web.

Read the full article and watch the news clip here: