Municipal Fraud in Focus as Local Governments Face Budget Woes

A review of federal, state, and local government actions filed during 2020 reveals that significant fraud against local municipalities, government agencies and departments, and government insurance funds continues, to the detriment of government coffers and, ultimately, of all taxpayers. Evan H. Krinick explores some examples in this edition of his Insurance Fraud column.

December 30, 2020 at 12:45 PM

10 minute read

Evan H. Krinick

Nearly a decade ago, in October 2011, Preet Bharara, then serving as U.S. Attorney for the Southern District of New York, announced pension disability fraud charges against a number of individuals associated with the Long Island Railroad (LIRR). The complaint estimated a potential loss to the Railroad Retirement Board of more than $1 billion in unwarranted disability benefits.