Recover COVID Unemployment Fraud in Banks Act

This bill gives the government more time — up to 10 years — to bring criminal charges or civil lawsuits against people who committed fraud related to unemployment insurance programs created during the COVID-19 pandemic. It covers several pandemic-era unemployment programs and applies to crimes like identity theft, wire fraud, and conspiracy, which previously had shorter time limits for bringing charges. The bill also creates a task force to work with banks, state agencies, and federal agencies to track down fraudulent unemployment payments and figure out how to get that money back. However, the extended time limits do not apply if the original deadline for bringing charges or lawsuits had already passed before this bill became law.

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