A pair of Connecticut siblings have been charged with conspiracy for agreeing to submit false and fraudulent claims for unclaimed property to state treasuries.
According to the charges brought against them, Henry J. White Jr, age 75, and Patricia A. White, age 69, allegedly agreed and worked together to submit over $1.2 million in false and fraudulent claims for unclaimed property from state treasuries around the nation. Henry J. White Jr. used the names of corporate entities with which he was not affiliated and which he had no lawful authority to use in his claims. These claims were made under the legal threat of perjury.
The state treasuries accepted the fraudulent certifications and issued payment checks, which were generally sent through the mail to the shared home address of both defendants. From there, White and White allegedly deposited and cashed these fraudulently obtained payment checks, and these funds were then used for personal expenses, including for mortgage payments for their shared home in the affluent town of Old Greenwich, Connecticut.
The maximum penalty under federal law for this offense is five years of imprisonment, a term of supervised release following imprisonment, and a fine.
