Identity Thieves Drain Unemployment
But the most underpublicized identity theft crime is one in which thieves defraud state governments of payroll taxes by filing fraudulent unemployment claims.
It can be a fairly lucrative scheme, too. File a false unemployment claim and you can receive $400 per week for 26 weeks. Do it for 100 Social Security numbers and you’ve made a quick $1.04 million. It’s tough to make crime pay much better than that.
So writes Michael Alter of SurePayroll in “States fiddle while defrauders steal.” But he offers precious little evidence of how much this is happening. (Via Slashdot.)
[Update: Scott Blake seems to have game, set and match in a comment on how hard this would really be. (Very hard work indeed.)]