Actuarial Outpost Son stores dead mom in backpack and related pension fraud tales
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#21
08-22-2016, 06:56 PM
 Helen Sass Member SOA AAA Join Date: Oct 2015 Location: Nearby Studying for Colorectal Exam College: SUNY Alumni Favorite beer: #1 - Free; #2 - Cold Posts: 2,715

Quote:
 Originally Posted by BruteForce No. The number is between 5 and 15. The upper limit of his sentence is uniformly distributed between 5 and 15. Given that his sentence is greater than 8 years, what is the probability that his sentence will be less than 13 years? Ok, I should probably get back to studying for my exam now...
No. The upper limit on his sentence before it's known is 15 years. It should be up to 15 years, period.
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 Originally Posted by pete5383 Whew!!~ I can finally stop this continuous drawer-shitting that I've been doing for the past week or so.
#22
09-06-2016, 05:20 PM
 campbell Mary Pat Campbell SOA AAA Join Date: Nov 2003 Location: NY Studying for duolingo and coursera Favorite beer: Murphy's Irish Stout Posts: 84,616 Blog Entries: 6

http://www.timesunion.com/local/arti...on-9197651.php

Quote:
 A Florida man stole over \$180,000 in his late brother's government pension benefits and pretended to be the dead man when the deception was discovered, state officials said Thursday. Robert Schusteritsch, 71, faces charges of felony grand larceny and misdemeanor criminal impersonation in Albany County Court, Comptroller Tom DiNapoli and Attorney General Eric Schneiderman said. Schusteritsch allegedly stole pension benefits from the state and local employees retirement systems sent to his late brother Martin Petschauer between July 2008 and September 2015. ..... When Petschauer died on July 9, 2008, officials said, Schusteritsch concealed his brother's death from the bank and the retirement system and kept the trust account open to maintain the direct deposits. He routinely spent the money for his own benefit — a total of over \$180,000 — until October 2015, when the retirement system discovered Petschauer's death. Prosecutors also said Schusteritsch called the customer help line on Nov. 2, 2015, pretended he was Petschauer and claimed he was not dead in an effort to maintain eligibility for the pension benefits.
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#23
09-07-2016, 02:12 PM
 campbell Mary Pat Campbell SOA AAA Join Date: Nov 2003 Location: NY Studying for duolingo and coursera Favorite beer: Murphy's Irish Stout Posts: 84,616 Blog Entries: 6

http://www.lifehealthpro.com/2016/09...016&page_all=1

Quote:
 A growing problem Joseph M. Belth, professor emeritus of insurance at Indiana University, has been dealing with the issue of unclaimed property since 1980. “Over the years,” Belth said, he has seen examples of legal actions against persons who allegedly stole annuity or pension benefits. “However, I have not seen any discussions of the magnitude of the problem,” Belth said. He added that he thinks there “are large numbers of such incidents,” but many thefts may not be large enough to warrant criminal charges. Belth noted that he is not “mentioning this subject to defend life insurance companies who use the Social Security Death Master File (DMF) to try to minimize annuity theft while not using the DMF to try to pay unclaimed death benefits. “Rather, I am mentioning the subject to point out that the companies may have had — and may still have — a major problem in dealing with the theft of annuity benefit payments,” Belth said.
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#24
09-27-2016, 02:33 PM
 campbell Mary Pat Campbell SOA AAA Join Date: Nov 2003 Location: NY Studying for duolingo and coursera Favorite beer: Murphy's Irish Stout Posts: 84,616 Blog Entries: 6

http://www.standard.co.uk/news/crime...-a3354521.html

Quote:
 'Callous' fraudster pilfered dead mother's pension to fund Las Vegas gambling habit ..... Ms Blacklock moved to Las Vegas from London the mid-2000s, along with her mother who received a monthly state pension as well as a private pension through Pheonix Group insurance company. After she died in June 2011, Ms Blacklock falsified life certificates and carried on withdrawing both of her mother’s pensions illegally. This amounted to a total of £31,320 in state pension payments and £35,111 in pension payments from Phoenix Group. Ms Blacklock returned to London in 2013 after her husband fell ill, and she was arrested two years later following a tip-off to police from her former friend. Investigators found she had made over 100 cash withdrawals from her dead mother’s bank cards in three different Las Vegas casinos. Large numbers of cash withdrawals had also been made from the cards at ATMs in the Maida Vale area of North London since Ms Blacklock’s return. Pheonix Group investigators examined recordings of phone calls with a person who they had thought was Ms Blacklock’s mother (as in the video above). It quickly became clear it was Ms Blacklock making the calls. Financial Investigator Simon Styles, from the Insurance Fraud Enforcement Department said: “In my 30 years as a police officer and investigator I have never come across an act that was as callous and cold-hearted as this. From our enquiries, we saw that at the time immediately prior to and after her mother’s death, Blacklock was at various casinos gambling away her mother’s money. .... “Blacklock thought that being in Las Vegas would mean she wouldn’t get caught out, but wherever we find evidence of fraud or wrongdoing, we will do all we can to bring that person to justice and international borders will not prevent us from doing so."
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#25
10-30-2016, 09:41 AM
 campbell Mary Pat Campbell SOA AAA Join Date: Nov 2003 Location: NY Studying for duolingo and coursera Favorite beer: Murphy's Irish Stout Posts: 84,616 Blog Entries: 6

http://www.osc.state.ny.us/press/rel...scal+oversight

Quote:
 Comptroller DiNapoli and AG Schneiderman Announce Conviction in \$130,000 Pension Theft John H. Eydeler, III Stole Pension Benefits Intended for His Deceased Mother New York State Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman announced today the conviction of John H. Eydeler III, 66, a resident of Glendale, Arizona, on his guilty plea to Grand Larceny in the Second Degree, a Class C felony. On October 12, 2016, Eydeler admitted to stealing pension payments from the New York State and Local Employees Retirement System intended for his mother, Dorothy Eydeler, a retired nurse who died in October of 1998. Today, he was sentenced to a five-year term of probation and a judgment in the amount of \$131,038.60. “My office has exposed more than \$2.75 million in pension fraud in recent years, and we aggressively pursued prosecution in each case,” said State Comptroller Thomas P. DiNapoli. “If you’re stealing from the retirement system, we will track you down no matter where you live and make sure you pay it back. I thank Attorney General Schneiderman for his prosecution of this case and others through our Operation Integrity partnership.” “The New York pension fund cannot serve as a personal piggy bank for those looking to scam the system,” said Attorney General Schneiderman. “I will continue to work with Comptroller DiNapoli to protect our pension system and send a message that fraudsters who steal from the state will be punished.” Eydeler concealed his mother’s death in 1998 from the New York State and Local Employees Retirement System. As a result, between October 1998 and January 2010, over \$130,000 in pension benefits were deposited into a bank account in the name of Eydeler’s deceased mother. Eydeler then diverted these monies to himself by claiming to have power of attorney for his mother and writing checks to himself every month for over a decade. Eydeler altered his scheme to conceal the theft, and used the monies to prop up a small automotive repair business that he owned in Glendale, Arizona.
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#26
11-01-2016, 06:42 PM
 campbell Mary Pat Campbell SOA AAA Join Date: Nov 2003 Location: NY Studying for duolingo and coursera Favorite beer: Murphy's Irish Stout Posts: 84,616 Blog Entries: 6

http://www.fox30jax.com/news/local/c...sion/462538308

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#27
11-04-2016, 07:11 PM
 campbell Mary Pat Campbell SOA AAA Join Date: Nov 2003 Location: NY Studying for duolingo and coursera Favorite beer: Murphy's Irish Stout Posts: 84,616 Blog Entries: 6

Quote:
 Originally Posted by campbell http://www.fox30jax.com/news/local/c...sion/462538308
Evidently, PEOPLE magazine thought this of interest.

http://people.com/crime/florida-man-...teals-pension/
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#28
11-15-2016, 01:59 PM
 campbell Mary Pat Campbell SOA AAA Join Date: Nov 2003 Location: NY Studying for duolingo and coursera Favorite beer: Murphy's Irish Stout Posts: 84,616 Blog Entries: 6

http://www.bbc.com/news/uk-scotland-...ntral-37939958

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#29
12-04-2016, 12:08 PM
 campbell Mary Pat Campbell SOA AAA Join Date: Nov 2003 Location: NY Studying for duolingo and coursera Favorite beer: Murphy's Irish Stout Posts: 84,616 Blog Entries: 6

Quote:
 Originally Posted by campbell http://www.timesunion.com/local/arti...on-9197651.php
http://osc.state.ny.us/press/release...ntent=20161204

Quote:
 Comptroller DiNapoli and A.G. Schneiderman Announce Conviction and Sentencing of Florida Man For Theft of Over \$180,000 in Nys Pension Benefits Robert Schusteritsch Stole Pension Benefits Intended For His Deceased Brother For Over 7 Years; Impersonated Deceased Brother In An Effort To Maintain Eligibility for Benefits New York State Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman announced today the conviction and sentencing of Robert J. Schusteritsch, 71, a resident of the state of Florida, for the crimes of Grand Larceny in the Second Degree, a class C felony, and Criminal Impersonation in the Second Degree, a class A misdemeanor, in Albany County Court. Schusteritsch’s conviction comes after a joint investigation by the Office of the Comptroller and the Attorney General’s Office, which revealed that Schusteritsch stole over \$180,000 in pension benefits issued by the New York State and Local Employees Retirement System to his deceased brother, Martin Petschauer, between July 2008 and September 2015. "Today’s sentencing of Mr. Schusteritsch proves once again that stealing from New York State's pension system is risky business," said State Comptroller DiNapoli. "My office will continue to thwart pension thieves and protect our New York State & Local Retirement System in partnership with Attorney General Schneiderman." “Those who illegally obtain pension funds intended for someone else do so at the expense of hardworking New Yorkers who rely on their pension for a secure retirement,” said Attorney General Schneiderman. “Comptroller DiNapoli and I will continue our joint efforts to root out pension system theft and hold those responsible accountable.” According to the Comptroller and Attorney General’s offices, Petschauer was a New York State pensioner who retired as Chief of the Pooling and Audit Review Section of the New York Metro Milk Marketing Area in approximately 1986. He passed away on July 9, 2008. At the time of Petschauer’s death, his pension benefits were being direct deposited into a bank account held in a trust for the benefit of Petschauer; Schusteritsch was the sole trustee for his brother and had exclusive access to the bank account. When Petschauer died, Schusteritsch concealed his brother’s death from the bank and the Retirement System and kept the trust account open to maintain the direct deposits. He then routinely accessed the pension deposits and spent the money for his own benefit. All told, Schusteritsch stole over \$180,000 in pension benefits until the Retirement System discovered Petschauer’s death in October 2015. Further, when the Retirement System learned of Petschauer’s death and stopped paying benefits into the trust account, Schusteritsch called the Retirement System’s call center on November 2, 2015, pretended he was Petschauer, and asserted that he was not actually dead, in an effort to maintain eligibility for the pension benefits. This past summer, Schusteritsch was arrested in his home state of Florida and transported to Albany County, where he was arraigned on an indictment charging him with the crimes of Grand Larceny in the Second Degree, a class C felony, and Criminal Impersonation in the Second Degree, a class A misdemeanor. On September 16, 2016, Schusteritsch pleaded guilty before Hon. Peter A. Lynch, Albany County Court, to the entire indictment.
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#30
12-17-2016, 10:05 PM
 campbell Mary Pat Campbell SOA AAA Join Date: Nov 2003 Location: NY Studying for duolingo and coursera Favorite beer: Murphy's Irish Stout Posts: 84,616 Blog Entries: 6

http://www.timesunion.com/local/arti...k-10801308.php

Quote:
 Florida woman sentenced for bilking New York pension system Woman keeps over \$148,000 in benefits after father dies at 85 Renee Kanas is about to live off taxpayers again — this time behind bars. A judge sentenced the 64-year-old Florida woman to six months in jail and five years of probation Friday for stealing more than \$148,000 that the New York state retirement system sent her late father unaware the man was dead. Investigators said she withdrew money from her dead father's account and wrote checks to herself to pay for cruises with Royal Caribbean and the Batik Cruise line, which includes a focus on quilting seminars for its passengers. Kanas also used her father's money on airfare for Southwest and JetBlue airlines and to pay for her personal garbage pick-up, cable bills, utilities and water bills. State Supreme Court Justice Thomas Breslin ordered Kanas to pay the more than \$148,000 back in restitution; she has already paid \$45,000 from the sale of her home in Tamarac in Broward County, Fla. "I'd like to say I'm sorry. I regret it. I would like to be able to pay it all back," Kanas told the judge. Investigators working for state Comptroller Tom DiNapoli and Attorney General Eric Schneiderman busted Kanas in June. Kanas initially faced up to 15 years but cut a deal with prosecutors in which she pleaded to guilty June 30 to third-degree grand larceny in exchange for no more than two to six years in prison. Assistant Attorney General Philip Apruzzese asked the judge to sentence Kanas to a range no lower than four months and no higher than two to six years.
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