A 69-year-old Manhattan man, Randy Ray, was arrested today for allegedly stealing more than $50,000 in pension benefits meant for his deceased sister-in-law, New York State Comptroller Thomas P. DiNapoli announced.
“Randy Ray allegedly took advantage of his sister-in-law's death to fund his lifestyle,” DiNapoli said. “I will continue to safeguard the pension system and partner with law enforcement across the state and country to prosecute those who attempt to defraud it. I thank Albany County District Attorney David Soares and the New York State Police for their partnership in bringing Ray to justice.”
The pensioner, Ray’s sister-in-law, retired on disability retirement in October 1986 from the Supreme Court, Appellate Division, where she served as a confidential legal stenographer. She retired choosing the state retirement system’s single life allowance option, meaning at the time of her death in January 2019 her monthly pension payments of $1,341.78 should have ended. Instead, the retirement system was not informed of and did not learn about her death until July 2022. Once the system discovered her death, payments were stopped, and an investigation launched.
A forensic analysis was completed on the bank account where the pension payments were being deposited, which was a joint account in the name of the pensioner and Ray. The investigation found that Ray diverted over $50,000 in pension payments made after his sister-in-law’s death and used the money to pay credit card bills, travel, and make online purchases.
Ray was arraigned on a charge of grand larceny in Albany County Court. He is due back in court on October 30.
The charges filed in this case are merely accusations and the defendants are presumed innocent unless and until proven guilty in a court of law.
Since taking office in 2007, DiNapoli has committed to fighting public corruption and encourages the public to help fight fraud and abuse. New Yorkers can report allegations of fraud involving taxpayer money by calling the toll-free Fraud Hotline at 1-888-672-4555, by filing a complaint online at [email protected], or by mailing a complaint to: Office of the State Comptroller, Division of Investigations, 8th Floor, 110 State St., Albany, NY 12236.