A rapper known as Nuke Bizzle was arrested after boasting in a YouTube video about getting rich off an unemployment benefit scam. He applied for Pandemic Unemployment Assistance benefits under the CARES Act using stolen identities, and ninety-two pre-loaded debit cards with more than $1.2 million in fraudulently obtained benefits from the California Employment Development Department were sent to an address linked to Bizzle. In the video, Bizzle waves a stack of EDD envelopes and informs viewers, “You gotta sell cocaine, I just file a claim.” This advice also applies to how to land oneself in prison, because he’s now facing a sentence of up to 22 years. (https://www.yahoo.com/news/rapper-charged-coronavirus-benefit-fraud-163101525.html)
CPAs, get four hours of fraud CPE with our 2020 Fundamentals of Fraud Prevention and Detection On-Demand Webinar. Click here for more information.
