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Lebanon Landlord Accused of Housing Scam
Israel Acevedo, 52, of Lebanon, has been charged with defrauding the Lebanon County Housing Authority out of more than $23,000 in federal funds provided by the US Department of Housing and Urban Development (HUD).
According to U.S. Attorney Peter Smith, Acevedo allegedly concealed that he lived with his wife and children in a house he owned and received the federal rental subsidies that were provided to his spouse to pay rent.
Acevedo’s spouse received federal funds in the form of rental subsidies under HUD’s housing assistance program, but Acevedo was prohibited from renting to a spouse or other family members who were receiving rent subsidies.
By concealing the relationship, Acevedo’s income from his employment was not factored into how much his spouse was entitled to in rent subsidies, allegedly resulting in Acevedo receiving $23,362 in federal funds that Acevedo was not entitled to.
The United States Attorney’s Office also filed a plea agreement in which Acevedo agreed to plead guilty to the charge. Acevedo has already made restitution.
Acevedo faces a maximum term of imprisonment of one year, a $100,000 fine and a period of supervised release, plus restitution.
Key Facts
- State: Pennsylvania
- Category: White Collar Crime
- Source: DOJ Press Release ↗
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