ARLINGTON MAN PLEADS GUILTY TO THEFT OF ANNUITY
BOSTON, Mass. - An Arlington man was convicted today in federal court of stealing more than $330,000 from the government.
LAURENCE C. WEBER, 66, pleaded guilty before Chief U.S. District Judge Mark L. Wolf to theft of public money.
At today’s plea hearing, the prosecutor told the Court that the Government’s evidence would have proven that WEBER received monthly annuity payments intended for his mother for 19 years after her death. WEBER failed to notify the Office of Personnel Management of his mother’s death and falsely represented on verification forms that his mother, the only legal recipient of the annuity payments, was still alive.
Chief Judge Wolf scheduled sentencing for March 4, 2011. WEBER faces up to 10 years imprisonment, to be followed by three years of supervised release and a $ 250,000 fine.
United States Attorney Carmen M. Ortiz, Drew Grimm, Special Agent in Charge of Eastern Operations, Office of Personnel Management, Office of Inspector General and Steven D. Ricciardi, Special Agent in Charge of the U.S. Secret Service made the announcement today. The case is being prosecuted by Assistant U.S. Attorney Lori J. Holik of Ortiz’s Economic Crimes Unit.