- Posted on July 9, 2012 at 1:17pm by Becket Adams
You read that correctly: the feds and state governments overpaid approximately $14 billion in
“Now, the U.S. Department of Labor and the states are in the midst of a massive effort to try to recoup some of their lost funds and avoid future overpayments,” writes Annalyn Censky for CNN Money.
So, um, where did all that cash go and how do the feds and state governments plan on getting it back? Let’s start with the first question.
Overpaid funds usually “end up in the hands of three types of people: Those who aren’t actively searching for a job, those who were fired or quit voluntarily, and those who
But let’s not rule out the obvious: fraud.