A Massachusetts woman has been charged in federal court for allegedly siphoning government and pension funds tied to a person who died in 2019. The Office of theA Massachusetts woman has been charged in federal court for allegedly siphoning government and pension funds tied to a person who died in 2019. The Office of the

Massachusetts Woman Accused of Stealing $111,853 in Social Security and Pension Benefits From US Government

2026/01/17 20:45
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

A Massachusetts woman has been charged in federal court for allegedly siphoning government and pension funds tied to a person who died in 2019.

The Office of the Inspector General says 60-year-old Gina M. Cummings has been charged with one count of bank fraud and released on conditions following her initial appearance before U.S. Magistrate Judge Jennifer C. Boal.

[adinserter block="1"]

Cummings is accused of running a scheme that unfolded over more than five years, after a Social Security beneficiary and pensioner passed away in August 2019.

Investigators allege that instead of reporting the beneficiary’s death to the Social Security Administration, the pension plan and the bank where the funds were deposited, Cummings took the money by forging the deceased person’s name on 84 checks to drain the account through recurring bill payments.

Prosecutors allege that from January 2020 through July 2025, Cummings continued receiving and accessing funds that should have stopped after the beneficiary’s death, ultimately collecting $111,853 in Social Security benefits, private pension payments and COVID Economic Impact Payments.

If convicted, Cummings faces a maximum sentence of 30 years in prison, five years of supervised release and a fine of up to $250,000.

Federal prosecutors emphasize that the charge is an allegation and Cummings is presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

Follow us on X, Facebook and Telegram
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix

[adinserter block="1"] [adinserter block="5"]  
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Massachusetts Woman Accused of Stealing $111,853 in Social Security and Pension Benefits From US Government appeared first on The Daily Hodl.

Market Opportunity
Lorenzo Protocol Logo
Lorenzo Protocol Price(BANK)
$0.04057
$0.04057$0.04057
-1.40%
USD
Lorenzo Protocol (BANK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44
Dogecoin Price Could See A Major Spike To $10 If This Trend Repeats

Dogecoin Price Could See A Major Spike To $10 If This Trend Repeats

The Dogecoin price may be on the verge of its most historic rally yet, as a crypto market analyst has boldly forecasted an explosive rally to $10. Pointing to historical
Share
Bitcoinist2026/03/07 05:30
‘Obscene’: Grammarly’s New AI Tool Offers Writing Feedback From Dead Scholars

‘Obscene’: Grammarly’s New AI Tool Offers Writing Feedback From Dead Scholars

The post ‘Obscene’: Grammarly’s New AI Tool Offers Writing Feedback From Dead Scholars appeared on BitcoinEthereumNews.com. In brief Grammarly’s “Expert Review”
Share
BitcoinEthereumNews2026/03/07 05:31