Former Railroad Employee Sentenced For Theft Of Government Money

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Acting U.S. Attorney Rick A. Mountcastle announced Wednesday a former railroad worker was sentenced to six months home confinement for stealing money from the Railroad Retirement Board.

PrisonSixty-seven-year-old James Sexton of Roanoke, Virginia was working, while receiving benefits from the Railroad Retirement Board in 1997. He admitted to receiving $454,645 in benefits, while working for several financial companies.

Sexton failed to disclose to the Railroad Retirement Board that he was employed with those companies. In addition to the prison term, Sexton was ordered to pay a $100,000 fine and $454,645 in restitution, which he paid prior to his sentencing hearing.

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