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Arizona man allegedly stole $100,000 in NY pensions over 10 years

Staff Writer |
New York Attorney General Eric T. Schneiderman and New York State Comptroller Thomas DiNapoli announced the unsealing of an indictment charging John H. Eydeler III, a resident of Glendale, Arizona, with Grand Larceny in the Second Degree, a Class C felony.

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Eydeler is alleged to have stolen over $100,000 in pension payments from the New York State and Local Employees Retirement System intended for his deceased mother, Dorothy Eydeler, a retired nurse who died in October of 1998.

“After his mother passed away, Mr. Eydeler hid her death and stole more than $100,000 in pension payments,” said State Comptroller Thomas P. DiNapoli. “Through our Operation Integrity partnership with Attorney General Schneiderman, our investigation expanded to three states and led to Mr. Eydeler's arrest in Arizona.”

According to investigators, Eydeler concealed his mother’s death in 1998 from the New York State and Local Employees Retirement System. As a result, between October 1998 and January 2010, over $100,000 in pension benefits were deposited into a bank account in the name of Eydeler’s deceased mother.

Eydeler then allegedly diverted these monies to himself by claiming to have power of attorney for his mother and writing checks to himself every month for over a decade.

Eydeler allegedly altered his scheme to conceal the theft, and used the monies to prop up a small automotive repair business that he owned in Glendale, Arizona.

Eydeler was arraigne on the indictment by the Honorable Stephen W. Herrick in Albany Supreme Court, and entered a plea of not guilty. The defendant was released on recognizance. The next court date is scheduled for August 30, 2016. If convicted, Eydeler faces up to five to fifteen years in state prison.

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