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News: Application for Unemployment Insurance surges, defrauding rates spike

As rough as about 22 million people have registered themselves for the unemployment insurance following last week, as recorded after April 11. However, the fraudsters have found a way to cash in to defraud these unemployed Americans.

According to the Labor Department’s fraud alert, a fraudulent scheme is one in which scammers offer to help individuals file for unemployment insurance benefits. Fraudsters are swarming to take advantage of the health and economic crises caused by the coronavirus.