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Money

Man Charged with Stealing his Father's Social Security Benefits for 29 Years after the Father Died

Man Charged with Stealing his Father's Social Security Benefits for 29 Years after the Father Died
BY PETER ASELTINE
SPECIAL TO NEWJERSEYNEWSROOM.COM

TRENTON – Acting Attorney General John J. Hoffman announced that a Gloucester County man was indicted for allegedly stealing more than $243,000 by fraudulently collecting Social Security benefits for his father for 29 years after the father died. The father had worked a second job using a false name and a second Social Security number he obtained in that name. When the father died, the son continued to collect benefits paid in connection with that false identity, for which no death was reported.

Nicholas A. Severino Jr., 62, of Paulsboro, was indicted by a state grand jury on a charge of second-degree theft. The charge is the result of an investigation by the Division of Criminal Justice and the Office of the Inspector General of the U.S. Social Security Administration. The investigation determined that, after Severino’s father died in 1984, Severino continued to collect Social Security benefits which the father had been receiving under the name Frank DiCarlo. Severino Jr. collected a total of $243,844 between April 1984, when the father died, and August 2013, when the Social Security Administration (SSA) stopped paying benefits.

 

Outlook for 2016 Budget Looks Bleak for New Jersey’s Working Families

Outlook for 2016 Budget Looks Bleak for New Jersey’s Working Families
BY JON WHITEN
SPECIAL TO NEWJERSEYNEWSROOM.COM
OPINION/COMMENTARY

As the governor prepares to deliver his 2016 budget address on Tuesday, the prospects for policies to help middle-class and low-income Ne...

Sharing Income Equality

Sharing Income Equality
BY JOE SINAGRA
NEWJERSEYNEWSROOM.COM
COMMENTARY/OPINION

A major cause of “income equality” to the extent it exists today . . . New jobs that were created during the recent recession are paying far less t...

Is the Risk Really Being Managed in your 529 College Savings Plan?

Is the Risk Really Being Managed in your 529 College Savings Plan?
BY DAVID J. SEIBEL
SPECIAL TO NEWJERSEYNEWSROOM.COM

As our kids get within a few years of going off to college the desire to make more money in their 529 college savings plan should be replaced by the n...

Sharing Income Equality

Sharing Income Equality
BY JOE SINAGRA
NEWJERSEYNEWSROOM.COM
COMMENTARY/OPINION

A major cause of “income equality” to the extent it exists today . . . New jobs that were created during the recent recession are paying far less t...

Extending N.J. Urban Enterprise Zone Perks to Continue City Revitalizations

Extending N.J. Urban Enterprise Zone Perks to Continue City Revitalizations
BY JENNIFER SCIORTINO
SPECIAL TO NEWJERSEYNEWSROOM.COM

TRENTON – Assemblyman Reed Gusciora has introduced legislation to help a number of New Jersey cities, including Trenton, continue to benefit from t...

4 Reasons Kean University Accused of Trying to Steal From Taxpayers

4 Reasons Kean University Accused of Trying to Steal From Taxpayers
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

Kean University is looking to expand, and wants to become one of the finest colleges in the U.S. Union Township Mayor Manuel Figueiredo says the school wants to grow at...

Dead People Win Lottery in New Jersey

Dead People Win Lottery in New Jersey
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

You can’t take it with you, but a percentage of people who win good money in New Jersey lottery games are certainly trying.

An audit of the New Jersey Lottery system has...

How to Prepare for the Next Financial Crisis

How to Prepare for the Next Financial Crisis
SPECIAL TO NEWJERSEYNEWSROOM.COM

Despite the happy talk from President Obama, a surging stock market that has more than tripled since its March 2009 bottom, and skyrocketing real estate prices in many ...

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