Big Time Fraud Alleged

From the Minneapolis Star-Tribune:

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.