Each of these cases involved children who either claimed to be injured as a result of medical malpractice or who suffered the loss of a parent through alleged medical negligence that occurred at a hospital or clinic operated or insured by the federal government. Joseph Francis Gargan was born on February 16, 1930, in Boston, Massachusetts. See our We use cookies and other technologies to customize your experience, perform analytics and deliver personalized advertising on our sites, apps and newsletters and across the Internet based on your interests. He developed a close friendship with cousin Ted Kennedy while growing up, and later worked on political campaigns for Ted, John and Robert Kennedy. JOSEPH E. GARGAN, INC. is a business legal entity registered in compliance with the national legislation of the State of Connecticut under the legal form of Stock. Sentencing Guidelines and other statutory factors.G.
Born in Boston, Massachussets, in 1930, Joe Gargan was related to the Kennedy political family through his mother's side. The settlement called for, among other things, $3,825,000 to be paid by the hospital to a trust to pay for the care and ongoing medical treatment of the child. Company is located in the register under the national Company number 49255. joshua.stueve@usdoj.gov By clicking “I agree” below, you consent to the use by us and our third-party partners of cookies and data gathered from your use of our platforms. Joe Gargan, in the movie Chappaquiddick, is cast at the once loyal Kennedy cousin whose allegiance frays under the weight of the tragedy’s moral consequences. Gargan embezzled all $1,032,750.In some cases, Gargan attempted to conceal his criminal activity by creating false documents purporting to show that he had purchased the annuities when, in fact, he had embezzled and converted that money to his own use. From October 2018 to March 2020, the hospital paid the Pension Company a total of $1,032,750 to fund the purchase of an annuity on behalf of the trust.
The incorporation date of this company is on 2nd January 1968 and its headquarters can be found at NONE. Nurture your network and further your business goals with smart intelligence on the people and companies that matter most to you. According to court documents, Joseph E. Gargan, 59, of Round Hill, was the Chief Executive Office of the Pension Company, Inc., an Arlington business that would execute settlement agreements entered into between civil litigants.
A federal district court judge will determine any sentence after taking into account the U.S. Gargan also made payments to the plaintiffs falsely claiming the payments were proceeds from an annuity, when, in fact, the payments were made only to conceal his criminal conduct.The total amount embezzled by Gargan is $7,957,750.Gargan pleaded guilty to embezzlement of government funds and wire fraud and faces a maximum penalty of 30 years in prison when sentenced on September 23.
Zachary Terwilliger, U.S. Attorney for the Eastern District of Virginia, and James A. Dawson, Special Agent in Charge, Criminal Division, FBI Washington Field Office, made the announcement after U.S. District Judge Rossie D. Alston, Jr. accepted the plea. We rely on readers like you to uphold a free press.
The settlement agreements required the United States to pay the plaintiff a sum of money and to purchase an annuity on behalf of the injured child. Gargan hosted the July 1969 party at Chappaquiddick Island, where Ted Kennedy was last seen with a former staff member before instigating the car accident t… From December 2015 to August 2019, the United States transferred a total of $15,925,000 to the Pension Company to purchase the annuities and execute the six settlement agreements. Specifically, the Pension Company was hired to transfer money from civil defendants to plaintiffs and to purchase annuities on behalf of minor plaintiffs.
The new European data protection law requires us to inform you of the following before you use our website: This content is currently not available in your region. Actual sentences for federal crimes are typically less than the maximum penalties. The Pension Company was retained as the structured settlement broker. The United States government entered into settlement agreements with plaintiffs in six separate matters. Please enable cookies on your web browser in order to continue. Joseph E. Gargan, 59, of Round Hill, was the CEO of the Pension Company, Inc., an Arlington-based business that would execute settlement …
Assistant U.S. Attorney William Fitzpatrick is prosecuting the case.A copy of this press release is located on the website of the Protect yourself from fraud, and report suspected cases of financial fraud to local law enforcement.Talk to your kids about gangs and how to avoid them.Help us combat the proliferation of sexual exploitation crimes against children.Joshua Stueve