Federal Investigation into Former Local Business Closed

PORTLAND, Ore. - The United States Attorney’s Office announced it has closed its investigation of Safety Net, a former representative payee for Social Security beneficiaries, without the filing of criminal charges.

In March of 2014, federal agents executed a search warrant on the Safety Net offices in Portland pursuant to a search warrant that established probable cause that conserved funds, held by Safety Net on behalf of payees, were significantly less than reflected in Safety Net’s records.  The investigation, conducted by the Social Security Administration Office of the Inspector General, Office of Investigations and Office of Audit, revealed accounting and bookkeeping errors, but found no evidence of theft or embezzlement from Safety Net’s clients during the time period under investigation.