Cal EDD Fraud Missing over $50 Billion…Where did it go?

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“Looks like 90% of the unemployment fraud in California went out of state and the number could reach 50 Billion dollars”.

Updated January 28, 2021

Massive fraud at the California state Employment Development Department (EDD) is growing worse each day.

In a report filed by KCRA Sacramento “California EDD audit details failures of ‘ill prepared’ unemployment agency” the claim for missing money due to fraud is now at $11 billion

” Unprepared, poor planning and ineffective management. That’s how California State Auditor Elaine Howle describes the inner workings of the state’s Employment Development Department.

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The emergency audit, called for by dozens of lawmakers from both sides of the aisle, was approved in September and came out Tuesday morning.

The audit makes some key points about what is said were poor decisions by Employment Development Department staff:

• Employment Development Department changed processes in the beginning of 2020, after shutdowns during the pandemic. That was supposed to process and pay claims faster, but those changes are temporary and were also responsible for opening the department up to what we now know is $11 billion in fraud — a number that could rise up to $30 billion.

But reports are now starting to surface that the amount maybe in excess of $50 billion. Former Fox News reporter Adam Housley by way of twitter says the amount is more like $50 billion.

Adam Housley@adamhousley Looks like 90% of the unemployment fraud in California went out of state and the number could reach 50 Billion dollars. Unreal.7:29 PM · Jan 27, 2021·Twitter for iPhone

Looks like 90% of the unemployment fraud in California went out of state and the number could reach 50 Billion dollars. Unreal.

— Adam Housley (@adamhousley) January 28, 2021

“Looks like 90% of the unemployment fraud in California went out of state and the number could reach 50 Billion dollars”.

Update from Adam Housley January 29, 2021:

This is the question everyone wants to know. China?