A North Oaks couple who moved here in the aftermath of Hurricane Katrina have wrongfully collected more than $430,000 in medical and disability benefits for their children since 2006, according to an affidavit filed in federal court.
James and Cynthia Hood have claimed those benefits -- meant for people with limited financial resources -- despite having a combined retirement portfolio of more than $1 million, more than a dozen bank accounts with a total of nearly $1 million in cash and two homes worth more than $1 million combined. Special Agent Jane Lewis, an investigator for the Social Security Administration, said in an affidavit that the Hoods' extensive assets would have made them ineligible for such aid.
May 4, 2011
Big Time Fraud Alleged
From the Minneapolis Star-Tribune:
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Guess what--the alleged $ 1 mil retirement portfolio doesn't count--retirement funds of parents or spouses is excluded from resources for SSI eligibility. Hope they documented the rest of the stuff.
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