Tag Archive | "teacher retirement system"

Pastor accused of cashing dead teacher’s pension checks, Reuters

A New York pastor has been arrested and accused of fraudulently cashing pension checks worth nearly a quarter-million dollars sent to a school teacher who died in April 2000 at age 75, Reuters reports.

Rev. Victor Rosa was accused of deceiving New York City’s Teacher Retirement System into thinking that teacher Maria Sicardo was still alive and had her checks sent to a building he owns in the Bronx, investigators said.

He would cash the checks, which amounted to about $241,000, often at a local bank, investigators said.

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