Widower bilks $781k in pension payments sent to long-dead teacher wife
NEW YORK (AP) — City officials in New York have discovered a shocking case of theft involving more than $781,000 in pension payments meant for a deceased schoolteacher. For 18 years, a widower secretly pocketed the money, and the Teachers’ Retirement System (TRS) has been unable to recover the massive sum. The incident is considered one of the most egregious cases of an individual collecting undeserved payments from the $100 billion pension fund, according to …