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The Canada Emergency Response Benefit (CERB) and the Canada Emergency Student Benefit (CESB) have now both been fully rolled out across the country.
But now everyone is turning their attention to a new problem: fraud. Is there a widespread abuse of the CERB / CESB system? And if so, how do we solve it?
Clearly these programs were rolled out hastily in an attempt to provide fast economic support to individuals who needed it. This prioritization of speed over security meant that it left the door open to people to be able to receive money even if they weren't eligible. On top of that, there has also been reports of other problems like double/extra payments.
What penalties or punishments will these people be facing? How will they get caught? All of these questions and more are explored in this video.
Hope you find it helpful!
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Steve Antonioni created Cash College with the intention of being the financial education class you missed in school. Combining academic and professional expertise in finance with self taught filmmaking skills, Steve aims to bring financial education to everyone in a fun, accessible, and honest
Stephen Antonioni