The Mounties have charged a 60-year-old London woman with a number of fraud-related charges after she allegedly used a joint bank account to collect more than $314,000 in pension payments meant for her dead parents.
The RCMP said Monday the woman used a shared bank account to begin collecting the payments from Old Age Security, the Canada Pension Plan and a teacher pension plan after her father passed away in 2006.
Over an eight-year period, investigators say the woman collected more than $179,000 from Old Age Security and the Canada Pension Plan.
She also collected more than $135,000 in payments from the Ontario Teachers Pension Plan over a 12-year period.
The RCMP said the payments were noticed by the federal government, which reported the alleged fraud to the Mounties’ Financial Crime Unit in London, Ont.
Investigators said the woman has been charged with two counts of fraud over $5,000, two counts of theft over $5,000 and possession of the proceeds of crime and will appear in a London court on Feb. 27.