PORTLAND, Ore. – In a shocking twist, the federal investigation into Safety Net, a former representative payee for Social Security beneficiaries, has come to a close without the filing of criminal charges.
In March of 2014, federal agents executed a search warrant on the Safety Net offices in Portland, Oregon, pursuant to a search warrant that established probable cause that conserved funds, held by Safety Net on behalf of payees, were significantly less than reflected in Safety Net’s records.
The investigation, conducted by the Social Security Administration Office of the Inspector General, Office of Investigations and Office of Audit, revealed accounting and bookkeeping errors, but found no evidence of theft or embezzlement from Safety Net’s clients during the time period under investigation.
Safety Net, a company that once represented thousands of Social Security beneficiaries, was accused of mishandling funds. However, the investigation found no wrongdoing on the part of the company.
The lack of charges filed in this case is a major victory for Safety Net, which had been under intense scrutiny since the investigation began.
The company, which was once a trusted representative payee for Social Security beneficiaries, is now free to operate without the looming threat of prosecution.
The outcome of this case serves as a reminder that sometimes, the pursuit of justice can lead to unexpected results. In this case, the investigation into Safety Net has come to a close without any charges being filed.
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Key Facts
- State: Oregon
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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