Administration January 6, 2004
Two Charged in Atlanta Pension Theft Scheme
June 13, 2003 (PLANSPONSOR.com) - Atlanta
authorities have arrested two suspects in the theft of
pension funds from city employees' retirement
accounts.
Reported by Fred Schneyer
One suspect, Lasheika Smith, a former city pension office worker, was accused of diverting pension payments of dead city workers into a special account and then accessing that money through an electronic teller machine card, according to a report on wsbytv.com.
In addition to Smith, charges were also filed against Howard Hill, an employee of the US Postal Service, according to a statement from Mayor Shirley Franklin quoted in the wsbytv.com report. There was no immediate information about what the two were charged with or details of their alleged scheme. City officials said they are unsure how much money was diverted.