Adolfo Vargas, Theft of Public Funds, Connecticut 2021

A brazen scheme to swindle the Social Security system has landed a Bridgeport, Connecticut man in hot water. Adolfo Vargas, 43, pleaded guilty to theft of public funds in a court proceeding that took place via videoconference due to the COVID-19 pandemic.

According to court documents and statements made in court, Vargas' father lawfully received Social Security Administration ('SSA') monthly Retirement and Survivor Insurance benefit payments before his passing in 2006. However, the SSA was never informed of his death.

Between 2006 and 2019, the SSA deposited approximately $111,000 into Vargas' father's bank account. During that time, Vargas used the account to make numerous ATM cash withdrawals, personal debit transactions, and personal online purchases.

Vargas' actions have resulted in a maximum term of imprisonment of 10 years, which he will face when he is sentenced by U.S. District Judge Vanessa L. Bryant on June 23, 2021. Additionally, Vargas has agreed to pay $93,092 in restitution.

Vargas is currently released on a $100,000 bond pending sentencing. The Social Security Administration Office of Inspector General is leading the investigation into Vargas' crimes, with Assistant U.S. Attorney Brendan Keefe handling the case.

The case highlights the importance of transparency and accountability in government programs. 'Thieves will not be tolerated in our community,' said officials.

Vargas' guilty plea marks a significant milestone in the case, and his sentencing will provide closure for those affected by his actions.

Source: https://www.justice.gov/usao-ct/pr/bridgeport-man-admits-stealing-social-security-benefits-delivered-deceased-father