CIETC SCANDAL: Part Of Pension Can Be Seized
A woman convicted of fraud in the CIETC scandal will be forced to give up a portion of her monthly IPERS pension to help pay restitution in the case.
The Associated Press reports a U.S. District judge has ruled 25 percent of Ramona Cunningham’s $2,700 a month pension can be seized after her release from prison. The money will be used to help pay off $1.65 million owed to the government by her and her co-defendants.
Cunningham is in prison after pleading guilty in 2008 to several counts of fraud for her role in misspending millions of dollars in state and federal money. She bumped up salaries and gave bonuses to friends and family who worked for the Central Iowa Employment and Training Consortium.
Cunningham is serving a seven year prison term.