BANGOR — A Pittston man pleaded guilty Tuesday to theft of federal pension funds, by continuing to receive retirement payments even after he returned to work, according to the U.S. Department of Justice.
Gerald E. Bailey, 68, retired from Springfield Terminal Railway in 2004, began receiving his pension, then returned to work for Maine Eastern Railroad from 2007 to 2010, according to an affidavit filed by Gail Fisk Malone, assistant U.S. attorney. To avoid detection, Bailey used another person’s name and Social Security number on his time cards.
He received $83,398 in pension funds that he was not entitled to receive, according to the department.
Bailey, who will be sentenced later, faces up to 10 years’ imprisonment, three years of supervised release and a $250,000 fine. The investigation was conducted by the Railroad Retirement Board, Office of Inspector General.
Send questions/comments to the editors.
Success. Please wait for the page to reload. If the page does not reload within 5 seconds, please refresh the page.
Enter your email and password to access comments.
Hi, to comment on stories you must . This profile is in addition to your subscription and website login.
Already have a commenting profile? .
Invalid username/password.
Please check your email to confirm and complete your registration.
Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.
Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.