COVID Unemployment Fraud Recovery from Financial Institutions
Current understanding
To be populated as evidence accumulates.
Evidence log
- 2025-12-02 — SBA Fraud Enforcement Extension Act: cross-connection with sba-fraud-enforcement-extension: Parallel efforts to extend recovery/enforcement timelines for pandemic-era relief fraud, one covering SBA grants and the other covering unemployment funds routed through financial institutions. (novelty: 2)
- 2026-06-29 — Recover COVID Unemployment Fraud in Banks Act: Recover COVID Unemployment Fraud in Banks Act introduced, extending criminal and civil statutes of limitations to 10 years for COVID-era unemployment fraud and creating an intergovernmental task force to locate and recover fraudulent payments held at financial institutions and state unclaimed-property agencies. (novelty: 3)