Seventy-year-old Joseph Esposito, one of the ringleaders in the massive Social Security disability benefits scam that involved New York police officers and firefighters, pleaded guilty to charges of grand larceny on August 27, the New York Daily News reported.
Esposito was identified in January 2014 as one of the organizers of a large scheme that scammed millions out of the Social Security disability system through fraudulent claims. Around 130 police officers and firefighters made false claims about having stress-related illnesses, mostly related to the 9/11 attack, to get monthly benefits. If Esposito cooperates fully, the maximum 25 years in prison could be reduced to as little as 1 1/2 years.
Social Security disability benefits can go a long way towards assisting workers who have legitimately lost the ability to earn their daily wages due to a recently incurred disability. If you have experienced this, the attorneys at the Hankey Law Office in Indianapolis may help you successfully apply for the funds you need. Call our offices at (800) 520-3633 today to learn more.
Social Security Disability Insurance recipients can expect a 21 percent cut in their monthly checks within the next four years unless Congress takes action, trustees of the Social Security Administration and Medicare say.
The increasing amount of Americans filing for government assistance can be attributed to the weakening economy, the widening criteria for disability, and the expiration of many’s unemployment benefits. In fact, a study by the OECD found that as unemployment increases by one percent, disability applications increase by ten percent.
However, it’s not just the increasing claims that drain the fund. Once individuals begin receiving benefits, less than one half a percent ever return back to the workforce.
If your application has been denied and you are interested in learning how a Social Security Disability benefits lawyer can help you, contact the Hankey Law Office, P.C. today at (317) 634-8565.