ATTORNEY GENERAL RAOUL CHARGES CHICAGO WOMAN OVER ALLEGED THEFT OF LATE MOTHER’S TEACHING PENSION
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Illinois Attorney GeneralChicago – Attorney General Kwame Raoul today announced charges against a Chicago woman who allegedly stole more than $100,000 from her late mother’s Chicago Teachers Pension Fund.
The Attorney General’s office charged Lynn Stevenson, 75, with two counts of theft and one count of misappropriation of financial institution property, each Class 1 felonies punishable by up to 15 years in prison; one count of misappropriation of financial institution property, a Class 2 felony punishable by up to seven years in prison; and 10 counts of forgery, each Class 3 felonies punishable by up to five years in prison. Sentences are ultimately determined by the court. Stevenson’s next court date is scheduled for Jan. 28, 2027.
“It is unacceptable for anyone to take advantage of a loved one’s pension benefits for their own financial gain,” Raoul said. “I will continue to hold individuals who commit these crimes accountable for lining their own pockets using stolen public funds they are not entitled to.”
Attorney General Raoul’s office alleges that over the course of 29 years, Stevenson fraudulently obtained more than $100,000 in pension payments that were meant for her mother, a retired educator who passed away in October of 1991. Raoul’s office alleges Stevenson collected and spent the payments made by the pension fund on her own personal expenses.
The Attorney General’s office is prosecuting this case based on a referral from the Chicago Teachers Pension Fund.
The public is reminded that the defendant is presumed innocent until proven guilty in a court of law.
Assistant Attorney General Samantha Cain is prosecuting the case for Raoul’s Special Prosecution’s Bureau.
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