Former NYCERS employee Gregory Mathieu pleaded guilty to stealing over $624,000 from two retirees over nearly three years. Exploiting his role as an Associate Retirement Benefits Examiner, he misappropriated funds intended for pensioners, diverting payments for his personal expenses, including luxury shopping and vacations. Mathieu faces a one to three-year prison sentence and must repay $511,115.61, with a portion already recovered. His actions represent a serious breach of public trust, as noted by officials in the case.
"This defendant shamelessly exploited his position of public trust," said Brooklyn District Attorney Eric Gonzalez. "His guilty plea is a clear admission of that betrayal."
"He has acknowledged that he abused his position for his own financial gain," said Department of Investigation Commissioner Jocelyn E. Strauber.
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