Pandemic unemployment benefits fraud could top $200B, firm says

ID.me, a computer security firm which works with 22 states to combat unemployment fraud and successfully helps workforce agencies identify legitimate unemployment claimants, estimates 20% of the fraud is linked to breached personal data, up to 10% is through social engineering, and 2.5% are linked to face matching, where a criminal tries to use a mask, video, or image of the victim.

San Francisco startup uBiome sees founders charged with fraud

U.S. prosecutors on Thursday charged the co-founders of uBiome Inc, a San Francisco biotechnology startup, with defrauding investors about its ability to expand clinical tests to monitor gut health and obtain reimbursements from insurers.