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The John Kobylt Show

CA Medicaid Fraud | Copper Wire Thieves Strike Again (04/01)

The John Kobylt Show

Premiere Networks

News

4.3799 Ratings

🗓️ 2 April 2026

⏱️ 32 minutes

🧾️ Download transcript

Summary

The John Kobylt Show Hour 3 (04/01) - Multiple federal government officials estimate CA's state Medicaid system has lost $50 billion dollars per year to fraud. Copper wire thieves strike again in Van Nuys. American University and Yale identified the college degrees that will get you stuck in debt. Pres. Trump is about to address the nation from the Oval Office. Henry Lee died. 

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Transcript

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0:00.0

This is an I-Heart podcast.

0:02.6

Guaranteed Human.

0:04.8

KFI AM-640.

0:06.5

You're listening to the John Cobalt podcast on the I-Heart Radio app.

0:10.4

We are on every day from 3 until 6.

0:13.5

No matter how bad it gets.

0:15.5

And after 6 o'clock, whatever you missed, go to the I-art Radio app for John Cobalt Show on Demand.

0:21.6

That's the podcast. And that's where you catch up. Our number one, three o'clock hour.

0:27.1

We talked a lot about an investigation that Christopher Rufo is doing, the investigative journalists.

0:32.3

And he found a lot of detail about the tens of billions of dollars that fraudsters stole from

0:41.7

unemployment insurance claims. It's pretty staggering. I mean, Romanian gangs overseas.

0:50.4

A lot of this was new information. And it looks like between overpayments or improper payments and outright stolen money, $80 billion, $80 billion in tax money, went down the toilet.

1:06.0

And Gavin Newsom knew it was happening and was told that you needed guardrails for this system,

1:14.3

and he never did it.

1:15.8

What's astonishing is he doesn't care, and he gets away with it.

1:20.1

Now, listen to this.

1:21.3

This is also from Christopher Rufo.

1:25.6

Multiple officials in the federal government,

1:30.7

senior health and human services officials,

1:34.0

estimate that under Gavin Newsom,

1:36.5

California's state Medicaid program,

1:38.6

has lost 25% of its budget to fraud.

...

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