Tag: Jeremy Pelzer

FirstEnergy Corp. to publicly disclose more political spending under deal with New York pension fund

Mary Pat Campbell

Link: https://www.cleveland.com/open/2021/02/firstenergy-corp-to-publicly-disclose-more-political-spending-under-deal-with-new-york-pension-fund.html

Excerpt:

COLUMBUS, Ohio—FirstEnergy Corp. has agreed to regularly open its books to the public about its political spending, under an agreement the scandal-ridden utility has reached with a New York State public pension fund.

Under the deal with the New York State Common Retirement Fund, FirstEnergy has agreed to post comprehensive reports on its website twice per year through May 2024 detailing all its spending on any candidates, political parties, and ballot measures in any state. The agreement was released Monday by New York State Comptroller Thomas P. DiNapoli, the pension’s trustee.

Author(s): Jeremy Pelzer

Publication Date: 22 February 2021

Publication Site: cleveland.com

Unemployment System Fraud: Who’s Doing It and How?

Mary Pat Campbell

Link: https://www.governing.com/work/Unemployment-System-Fraud-Whos-Doing-It-and-How.html

Excerpt:

The U.S. Department of Labor estimates that $63 billion – possibly more – has been paid out by state unemployment offices. California’s unemployment system alone says it paid out more than $11 billion to scammers in 2020. But who are these scammers? And how have they been able to collect upwards of $63 billion – including at least $330 million from Ohio? Here are some answers.

….

At least 70 percent of the bogus unemployment claims originated overseas in countries such as Nigeria, according to Haywood Talcove, CEO of the security firm LexisNexis Risk Solutions, citing data from a dozen states (Ohio isn’t one of them) that have hired his firm to help secure their unemployment systems.

A large portion of these scams are conducted by organized crime rings with names like “Scattered Canary” and “Yahoo Boys,” Hall said. “They literally just live in compounds and all they do, 24/7 is try to figure out how to trick people into stealing their identity and, you know, stripping their bank account of funds,” he said.

Author(s): JEREMY PELZER, CLEVELAND.COM

Publication Date: 11 February 2021

Publication Site: Governing