NYJetsFan.com Forums: The Wages Of Unemployment Fraud: $3.3 Billion - NYJetsFan.com Forums

Jump to content

Toggle shoutbox NYJETSFAN BANTER

Bring something to the table!
Jetsfan0099 Icon : (16 February 2015 - 12:40 PM) Babin I'd keep , he had more QB pressures in way less snaps than Pace. And is cheap.
MikeGangGree... Icon : (17 February 2015 - 11:27 PM) its time to bring this back..........
MikeGangGree... Icon : (17 February 2015 - 11:27 PM) SUCK FOR THE DUCK
santana Icon : (18 February 2015 - 12:32 PM) THE BEETS
santana Icon : (18 February 2015 - 02:38 PM) HALA MADRID
MikeGangGree... Icon : (18 February 2015 - 02:46 PM) TEH MOTHER f***ing BEETS
Jetsfan0099 Icon : (18 February 2015 - 03:32 PM) Jets met with Josh McCown
HarlemHxC814 Icon : (18 February 2015 - 06:25 PM) Please no
Jetsfan0099 Icon : (19 February 2015 - 12:28 PM) Reports say Jets to go hard after CJ Spiller. Bring him aboard, he'll be a good signing. Was a stud in Chan's offense and RBs don't cost much
Jetsfan0099 Icon : (20 February 2015 - 12:09 PM) Saw that the Bills are meeting with Spiller and may sign him before FA.
Jetsfan0099 Icon : (20 February 2015 - 12:10 PM) if that happens, I think the Jets should go after Shane Vereen. Nice pass catching option out of the backfield, only 25.
Smedsthejet Icon : (20 February 2015 - 04:06 PM) Think Vereen would be a great option...I thought he was one of their best and most valuable performers during the playoffs and we need a back who can contribute in the passing game as well. Jets have been missing that piece since LT retired
Jetsfan0099 Icon : (21 February 2015 - 01:41 PM) Mariota ran a 4.52
Jetsfan0099 Icon : (21 February 2015 - 01:41 PM) Fastest for a QB since RG3
MikeGangGree... Icon : (21 February 2015 - 03:52 PM) SUCK FOR THE DUCK
ganggreen2003 Icon : (22 February 2015 - 04:46 PM) BREAKING NEWS: The New York JETS will be trading their #6 pick to Tampa Bay's #1 pick for a BAG of Shit and Darrelle Revis after he is signed in FA and sent back to Tampa Bay. - Source is Tom LaCanfora Glazer de la Menefee
santana Icon : (24 February 2015 - 03:18 PM) UEFA TIME
Chaos Icon : (25 February 2015 - 09:46 AM) http://seattle.sunti...-video-released
2JBallar01 Icon : (25 February 2015 - 04:54 PM) @RapSheet: The #Packers released LB AJ Hawk, their former first-round pick. It saves them $3.5M this year, which comes off their cap
Jetsfan0099 Icon : (25 February 2015 - 05:13 PM) @AdamSchefter 58s59 seconds ago
Jaguars expected to hire former Jets GM John Idzik as a consultant, per source.
HarlemHxC814 Icon : (25 February 2015 - 06:04 PM) FIRE IDZIK
ganggreen2003 Icon : (25 February 2015 - 06:52 PM) AJ Hawk getting cut means that the Packers are going to try real hard to lock up Cobb
ganggreen2003 Icon : (25 February 2015 - 06:52 PM) and the Lions released oft injured Reggie Bush
Jetsfan0099 Icon : (25 February 2015 - 07:29 PM) The Packers had the cap space to lock up Cobb regardless
Jetsfan0099 Icon : (25 February 2015 - 07:30 PM) But Bryan Bulaga is also a FA< so they have 2 important guys to re-sign. I think the OT is more important for Rodgers
ganggreen2003 Icon : (25 February 2015 - 09:17 PM) 22 days 21 hours 27 min till FIRST DAY OF SPRING!!!!!
Jetsfan0099 Icon : (25 February 2015 - 10:06 PM) If we get rid of Harvin, Kevin White looks like a nice replacement.
Jetsfan0099 Icon : (25 February 2015 - 10:06 PM) 6'3 runs a 4.35 and had elite production in college
ganggreen2003 Icon : (26 February 2015 - 03:38 PM) NOT SO BREAKING NEWS: WINTER SUCKS
santana Icon : (26 February 2015 - 03:41 PM) Lol Liverpool
santana Icon : (26 February 2015 - 03:42 PM) epl teams sucking ass this year
ganggreen2003 Icon : (26 February 2015 - 04:41 PM) The Jills are negotiating with Josh "Tears of" McCown
ganggreen2003 Icon : (26 February 2015 - 07:24 PM) Now the Browns are trying to woo Josh "Tears of" McCown
MikeGangGree... Icon : (27 February 2015 - 01:59 PM) please please let the browns get him
ganggreen2003 Icon : (27 February 2015 - 06:40 PM) The Browns have signed Josh "Tears of" McCown
MikeGangGree... Icon : (27 February 2015 - 06:43 PM) YES!!
santana Icon : (Yesterday, 12:18 PM) ESPN Jets reporter Rich Cimini speculates free agent Michael Vick may draw some interest from the Ravens.
santana Icon : (Yesterday, 12:19 PM) vick stay here pls
ganggreen2003 Icon : (Yesterday, 05:18 PM) Sucks Anthony Mason died
ganggreen2003 Icon : (Yesterday, 05:19 PM) but Josh "Tears of" McCown is now a perennial loser going from Tampa Bay to Cleveland
ganggreen2003 Icon : (Yesterday, 05:19 PM) going from one cesspool to another
santana Icon : (Yesterday, 09:46 PM) You realize the jets are in cesspool mode as well right?
ganggreen2003 Icon : (Yesterday, 11:29 PM) no we aren't
ganggreen2003 Icon : (Yesterday, 11:29 PM) we are in good shape compared to those 2 other franchises
ganggreen2003 Icon : (Yesterday, 11:29 PM) so I'm not even putting MY JETS in the same category as those lowly Tampa Bay Bucs and Cleveland Browns
Resize Shouts Area

Page 1 of 1
  • You cannot start a new topic
  • You cannot reply to this topic

The Wages Of Unemployment Fraud: $3.3 Billion Bogus claims are costing the government dearly. In 2011, the biggest c

#1 User is offline   azjetfan Icon

  • D Coordinator
  • Icon
  • Group: Members
  • Posts: 3,073
  • Joined: 30-March 05
  • Gender:Male
  • Location:Cheese Land Baby
  • Interests:Football, golf, banking and home improvements

  • NFL Team:

Posted 30 April 2013 - 02:04 PM

http://money.msn.com...82-bc403779bda7

Quote

The wages of fraud have been calculated, and the figure is a whopper: The government overpaid $3.3 billion in unemployment insurance benefits in 2011 because of bogus claims.





Most of that fraud -- $2.2 billion of it -- was linked to people who concealed that they continued to work, according to the Federal Reserve Bank of St. Louis.




The findings raise questions about the program's efficacy, at a time when many workers continue to struggle in a still-recovering job market. Although the fraud represents a small percentage of the total $108 billion in unemployment benefits paid out in 2011, it nevertheless undermines the program's goals and perhaps takes away from those who are qualified for the payments.




About $500 million of fraudulently claimed money went to workers earning at least $900 per week, or $46,800 per year, the St. Louis Fed noted. Fraudulent claims for those earning less than $300 per week cost the program a far smaller amount, about $210 million.




The reason for the disparity is simply that high earners receive bigger unemployment checks, because workers receive benefits that represent a portion of their earnings, the study said.




Despite that, more low-earners committed fraud, according to the bank. Almost half of the concealed-earnings fraud (unemployment claims from people still receiving wages) was committed among people earning $300 to $600 per week. That's annual income of $15,600 to $31,200.




With the recession and a tough job market, unemployment fraud has come under scrutiny, although the St. Louis Fed didn't note whether the cheating is on the rise or has diminished. But The Wall Street Journal notes that the cost of the fraud likely declined in 2012, given that total spending on jobless benefits fell to $84 billion last year.




Several high-profile cases of alleged fraud have recently come to light. In January, federal prosecutors alleged a fictitious employer scheme defrauded the government of $5 million, with fake employers laying off fictitious employees, who then filed for benefits.




And the Illinois Department of Employment Security last Monday said it was cracking down on unemployment fraud. It alleges that five Chicago-area residents claimed unemployment benefits, even though they were still working, costing the program $159,000.




The program has also come under fire for providing benefits to millionaires, with the government spending $29.9 million in jobless payments to million-dollar earners in 2010, as I wrote earlier this month for MSN moneyNOW. That represented a 44% jump from the previous year. With Wall Street companies such as JPMorgan Chase (JPM +0.02%) cutting thousands of jobs during the past few years, it raises the possibility that some of those million-dollar earners are bankers or brokers.




While several bills have been introduced that would limit jobless benefits for workers with high incomes, the proposals haven't gone anywhere.


Follow Aimee Picchi on Twitter at @aimeepicchi.

More on moneyNOW

Posted Image
0

#2 User is offline   Mr_Jet Icon

  • Assistant Head Coach
  • Icon
  • Group: Members
  • Posts: 4,305
  • Joined: 31-March 05
  • Gender:Male
  • Location:Earth

  • NFL Team:

Posted 30 April 2013 - 04:13 PM

I'm outraged!!! Those f***ing 3% of lazy bums need to be shot in the hea........have their benefits cut off.

View PostMr_Jet, on 10 September 2011 - 06:49 PM, said:

actually most of the people who commit welfare fraud are guess what...employed. People who are working full time or working two jobs and don't report it to DHS are the ones that are committing most of the fraud, and hell welfare cheats are still a small percentage of the overall total of people on gov't assistance. I see people with jobs cheat the system a lot more than I see unemployed people cheating the system.



:saythat:

View PostFlyHiJets, on 01 June 2013 - 08:35 PM, said:

You're the scumbag that thinks everyone should kiss the as$es of a bunch of criminals but I'm a dumbass. Yeah okay douchebag. Go give some illegal wetback or Revis another blowjob. But then again.....don't you live in an entirely different country but yet think you can tell us how to live? Go fvck yourself little boy. You're likely still living with mommy & daddy. Pu$$y.


View Postazjetfan, on 02 July 2014 - 03:36 PM, said:

There are a few things I have realized about Mr. Jet over a few topics.

1) He is a racist. By constantly using race as a battling tool.
2) He is an extreme Liberal. If you are on either extreme you are probabaly more wrong than right.
3) He is one of those people who will never admit fault, error or defeat.
4)His life sucks and he takes it out on people who don't share in his views.
0

#3 User is offline   azjetfan Icon

  • D Coordinator
  • Icon
  • Group: Members
  • Posts: 3,073
  • Joined: 30-March 05
  • Gender:Male
  • Location:Cheese Land Baby
  • Interests:Football, golf, banking and home improvements

  • NFL Team:

Posted 30 April 2013 - 07:50 PM

View PostMr_Jet, on 30 April 2013 - 04:13 PM, said:

I'm outraged!!! Those f***ing 3% of lazy bums need to be shot in the hea........have their benefits cut off.




:saythat:/>

And by benefit you mean........
Posted Image
0

#4 User is offline   Mr_Jet Icon

  • Assistant Head Coach
  • Icon
  • Group: Members
  • Posts: 4,305
  • Joined: 31-March 05
  • Gender:Male
  • Location:Earth

  • NFL Team:

Posted 30 April 2013 - 08:25 PM

View Postazjetfan, on 30 April 2013 - 08:50 PM, said:

And by benefit you mean........



The unemployment insurance/government assistance that is benefiting them. Or at least did in 2011.

View PostFlyHiJets, on 01 June 2013 - 08:35 PM, said:

You're the scumbag that thinks everyone should kiss the as$es of a bunch of criminals but I'm a dumbass. Yeah okay douchebag. Go give some illegal wetback or Revis another blowjob. But then again.....don't you live in an entirely different country but yet think you can tell us how to live? Go fvck yourself little boy. You're likely still living with mommy & daddy. Pu$$y.


View Postazjetfan, on 02 July 2014 - 03:36 PM, said:

There are a few things I have realized about Mr. Jet over a few topics.

1) He is a racist. By constantly using race as a battling tool.
2) He is an extreme Liberal. If you are on either extreme you are probabaly more wrong than right.
3) He is one of those people who will never admit fault, error or defeat.
4)His life sucks and he takes it out on people who don't share in his views.
0

#5 User is offline   azjetfan Icon

  • D Coordinator
  • Icon
  • Group: Members
  • Posts: 3,073
  • Joined: 30-March 05
  • Gender:Male
  • Location:Cheese Land Baby
  • Interests:Football, golf, banking and home improvements

  • NFL Team:

Posted 30 April 2013 - 09:14 PM

View Postazjetfan, on 30 April 2013 - 07:50 PM, said:

And by benefit you mean........

I was referring to body part removal. Bad attempt at a joke. I will try harder
Posted Image
0

#6 User is offline   Mr_Jet Icon

  • Assistant Head Coach
  • Icon
  • Group: Members
  • Posts: 4,305
  • Joined: 31-March 05
  • Gender:Male
  • Location:Earth

  • NFL Team:

Posted 30 April 2013 - 11:29 PM

View Postazjetfan, on 30 April 2013 - 10:14 PM, said:

I was referring to body part removal. Bad attempt at a joke. I will try harder



Oh I get it now. But I fear that might give people like Michele Bachmann and Louie Gohmert ideas. I could see them going around with a machete trying to cut off the "benefits" of people on public assistance.

View PostFlyHiJets, on 01 June 2013 - 08:35 PM, said:

You're the scumbag that thinks everyone should kiss the as$es of a bunch of criminals but I'm a dumbass. Yeah okay douchebag. Go give some illegal wetback or Revis another blowjob. But then again.....don't you live in an entirely different country but yet think you can tell us how to live? Go fvck yourself little boy. You're likely still living with mommy & daddy. Pu$$y.


View Postazjetfan, on 02 July 2014 - 03:36 PM, said:

There are a few things I have realized about Mr. Jet over a few topics.

1) He is a racist. By constantly using race as a battling tool.
2) He is an extreme Liberal. If you are on either extreme you are probabaly more wrong than right.
3) He is one of those people who will never admit fault, error or defeat.
4)His life sucks and he takes it out on people who don't share in his views.
0

#7 User is offline   azjetfan Icon

  • D Coordinator
  • Icon
  • Group: Members
  • Posts: 3,073
  • Joined: 30-March 05
  • Gender:Male
  • Location:Cheese Land Baby
  • Interests:Football, golf, banking and home improvements

  • NFL Team:

Posted 01 May 2013 - 02:13 PM

View PostMr_Jet, on 30 April 2013 - 11:29 PM, said:

Oh I get it now. But I fear that might give people like Michele Bachmann and Louie Gohmert ideas. I could see them going around with a machete trying to cut off the "benefits" of people on public assistance.

I love me some Danny DeVito
Posted Image
0

#8 User is offline   santana Icon

  • I'm batman
  • Icon
  • Group: Admin
  • Posts: 7,911
  • Joined: 03-June 05
  • Gender:Male
  • Location:Washington DC
  • Interests:Keeping this place from breaking... and titties.

  • NFL Team:

  • MLB:

Posted 01 May 2013 - 02:55 PM

3.3 billion? thats it?
Nyjetsfan.com Jets Fan Forum and Chat
0

#9 User is offline   azjetfan Icon

  • D Coordinator
  • Icon
  • Group: Members
  • Posts: 3,073
  • Joined: 30-March 05
  • Gender:Male
  • Location:Cheese Land Baby
  • Interests:Football, golf, banking and home improvements

  • NFL Team:

Posted 01 May 2013 - 03:21 PM

View Postsantana, on 01 May 2013 - 02:55 PM, said:

3.3 billion? thats it?

Its only $10 a person. Roughly
Posted Image
0

Page 1 of 1
  • You cannot start a new topic
  • You cannot reply to this topic

1 User(s) are reading this topic
0 members, 1 guests, 0 anonymous users