Scandal Archives - DR News - News, Retirement, Finance

Disability Benefits Scandal: New York City Under Fire for Misuse of Foster Children’s Funds

In New York City, years after promised reforms, advocates continue to voice concerns over the city’s practice of keeping federal disability benefits meant for foster youth to cover the costs of their care. The issue has sparked a national conversation around the fair distribution of funds intended for some of the most vulnerable members of society. One such case involves Julian, a former foster youth who, at 16, found himself back in the system with …

Prosecutor Scandal: Judge Orders Hearing on Allegations against Willis and Lead Prosecutor-in Feb.

Atlanta, Georgia – A state judge overseeing the election-interference case against former president Donald Trump has scheduled a hearing to hear evidence regarding accusations that Fulton County District Attorney Fani T. Willis and her lead prosecutor engaged in an improper relationship and mishandled public money. The hearing is set for Feb. 15, giving Willis until Feb. 2 to respond to the accusations in writing. The allegations of misconduct first came to light in a filing …

Benefits scandal: Elderly woman with dementia forced to repay £7k to DWP from life savings

London, UK – Rose Chitseko’s mother, a 92-year-old woman battling advanced Parkinson’s and dementia, is facing a harsh financial penalty from the Department for Work and Pensions. Despite a lifetime of careful financial management, she now finds herself repaying over £7,000 to the DWP due to a failure to report a change in circumstances five years ago. In early 2019, Chitseko began receiving a carer’s allowance to look after her mother, prompting a requirement to …

Pension Fund Repays $127 Million in Overpayments Amid Investigation: Teamsters Scandal Uncovered

Washington D.C. – The Teamsters pension fund has made headlines this week after returning $127 million in overpayments to the US Treasury. This action follows an internal investigation that uncovered nearly 3,500 deceased members still on the fund’s records. Central States Pension Fund executive director, Thomas Nyhan, revealed the repayment as part of a civil settlement with the Department of Justice. The fund, responsible for handling retirement benefits for the International Brotherhood of Teamsters, has …

Subpoenaed Federal Agency Impeding Investigation Into $127 Million Teamsters’ Pension Fund Scandal

Washington, D.C. – The House Education and Workforce Committee issued a subpoena to the head of a federal agency for obstructing an investigation into $127 million in payments made to a Teamsters’ pension plan, which included deceased participants. Chairwoman Virginia Foxx (R-NC) took action against Pension Benefit Guaranty Corporation (PBGC) Director Gordon Hartogensis after facing resistance in obtaining information about overpayments to 3,479 deceased members of the Central States Pension Fund. The PBGC’s Office of …

Insurance Commissioner Pleads Guilty in Fraud Case Scandal

ATLANTA, GEORGIA – The former insurance commissioner of Georgia entered a guilty plea in a fraud case, admitting to wrongdoing in a scheme that took advantage of the health care system. John Oxendine’s plea marks a significant development in a case that has raised concerns about integrity within the insurance industry. Oxendine’s guilty plea comes after an investigation into his involvement in a health care fraud scheme that exploited the system for personal gain. The …

Former Norton Motorcycles Owner Should Have Faced Jail Time for Pension Scandal, Pensions Ombudsman Chair Asserts

London, England – The former owner of Norton Motorcycles, Stuart Garner, was convicted of three offenses in 2022 for illegally investing pension funds in his own businesses. The chair of the Pensions Ombudsman service, Anthony Arter, expressed disappointment in the lack of prison time served by Garner for his involvement in the multi-million-pound pension fraud. During a parliamentary inquiry into the scandal, Arter vocalized his belief that Garner should have faced prosecution and imprisonment for …

“Compensation” Paid to Victims of £11.5m “Pensions Industry” Fraud Scandal

London, UK – More than 200 individuals fell victim to a pension scandal involving Norton Motorcycles, resulting in the loss of £11.5 million across three retirement schemes. The Fraud Compensation Fund recently disbursed £9.4 million to these schemes, offering a glimmer of hope to those affected by the fraud over a decade ago. During the years 2012 and 2013, unsuspecting individuals were duped into participating in a pensions liberation fraud scheme, authorizing the transfer of …

Navy Demotes Former White House Physician Ronny Jackson Following Scandal: Details Revealed

Houston, Texas – Retired Navy rear admiral and current Congressman, Ronny Jackson, faced a demotion in July 2022 following substantiated allegations of inappropriate behavior during his time as the White House physician. The demotion from rear admiral to captain came after a damning report from the Defense Department Inspector General in March 2021. Despite the demotion, Jackson continues to refer to himself as a retired rear admiral on his congressional website. The Navy confirmed that …

Georgia Former President Trump takes legal action against Georgia District Attorney and special prosecutor over alleged romantic relationship scandal

Atlanta, Georgia – Arguments took center stage in a hearing on Friday concerning former President Donald Trump and his co-defendants’ attempt to disqualify Fulton County District Attorney Fani Willis and her office from the Georgia election interference case. The basis of the disqualification request revolves around allegations that Willis engaged in a romantic relationship with special prosecutor Nathan Wade. The ongoing proceeding before Fulton County Superior Court Judge Scott McAfee follows accusations made by Michael …