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This means Bank of America will continue delivering unemployment benefits on EDD debit cards for up to two more years despite rampant fraud, frozen accounts and a class action lawsuit.
Bank of America has been pulling funds out of EDD accounts of thousands of workers who reported fraud on their cards.
With BofA already in hot water with state officials for allegedly draining money out of thousands of EDD accounts, a local woman is sharing her frustrating experience.
As unemployed workers' unemployment benefits are frozen or drained by Bank of America, the bank that issues the EDD's debit cards, lawmakers are demanding answers.
In a one-two punch, a South SF woman lost her EDD appeal -- then the EDD mailed a copy of her documents, full of private information, to a stranger.
SAN FRANCISCO -- As we've reported, hackers have been stealing unemployment benefits off thousands of EDD debit cards during the COVID-19 pandemic. Now, scammers are using the "fear" of that fraud ...
The Sacramento U.S. Attorney's Office has charged a man with wire and mail fraud in another example of the fraud that hit California's Employment Development Department during the COVID-19 ...
Scammers are using the fear of rampant banking fraud to lure their victims. It cost one man half his life savings.