Analysis shows California EDD fraud at $32.6B and counting
kcra.com
kcra.com
This is the same company that was sued for inaccurately reporting judgements on consumer risk reports. Just like ID.me’s CEO’s unemployment fraud exaggerations, this is a marketing piece. That isn’t to say there isn’t fraud, but that a private risk solution isn’t necessary.
If you want to reduce fraud (in this case, identity fraud), improve digital identity systems. There is a White House draft executive order pending release in this regard (Login.gov All The Things).
https://www.lienandjudgmentdisputes.com/lang/en/
https://arstechnica.com/tech-policy/2022/11/id-me-made-basel...
https://gizmodo.com/id-me-unemployment-1849793195
https://fcw.com/digital-government/2023/02/white-house-mulls...