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How 36 Billion Dollars Evaporated Using Stolen Identities

ยท 3 min read
Gijs Wissing
Founder of Unveiler

In 2020 the US Government signed the CARES Act, which made an enormous amount of money available to those who had lost their job as a result of the COVID-19 pandemic. Sadly a lot of this money was claimed by criminals using stolen identities. In some cases this led to the victims getting unjustly fined for the malicious practices of the criminals. The worst part is that most victims were not even aware that their identity had been stolen in the first place.