How a country lawyer pulled off biggest Social Security fraud ever, and why it could happen again
The bigger the pool of taxpayer money, the bigger the magnet it is for fraudsters. And there is not much that is bigger than the $2.8 trillion Social Security trust fund. But even by those standards, the $550 million fraud pulled off by Kentucky attorney Eric C. Conn — the largest Social Security fraud in history — is mind-boggling.
"Conn had a brilliant business design," said attorney Ned Pillersdorf, who is working with Conn's victims, in an interview with CNBC's "American Greed." "Set up shop, do a lot of advertising in an area where we have a lot of people who are truly disabled. Bribe the judge, a corrupt judge. He made millions."
https://www.msn.com/en-us/money/retirement/how-a-country-lawyer-pulled-off-biggest-social-security-fraud-ever-and-why-it-could-happen-again/ar-AAvhRBJ?ocid=spartanntp
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