A Wife Fights for Ex-Husbands Pension Plan With the Government
Posted on Aug 8, 2012 6:20am PDT
A man in South Dakota was sentenced to jail for steal $5.6 million from
3M Corp, and his wife is now fighting to receive her half of his pension
plan while the government seeks to use it to pay for his compensation.
Now that her husband is in jail for a long period of time, Linda Beulke
is filing for a
divorce because she claims that she knew nothing of her husband’s schemes.
Currently her attorney is arguing that she has the right to half of his
pension and retirement plans. Clint Sargent, her attorney, claims that
Beulke and her husband agreed in the beginning stages of their marriage
that she would remain a stay at home mother so that she could care for
their home and raise the children.
As a result of that decision made years ago, she was unable to work and
collect her own retirement income throughout the time of their marriage.
Now as a 65 year old woman, her chances of starting one are very unlikely.
David Beulke worked for the company that he scammed as an engineer, and
reports say that he created false projects and companies in order to receive
personal payments from clients for parts and supplies that the buyers
near actually received. Apparently his schemed took place over a 15 year
time period in which he was never caught.
In 2010, David Beulke pleaded guilty to his crimes of fraud and was sentenced
to spend four years in jail as a result. The U.S. Attorney’s office
claims that they want his entire pension, even though he has paid back
more than half of the stolen funds. While there is no decision made yet,
under the divorce law of South Dakota the assets are to be equally shared
in the event of a divorce, because of this the government is technically
unable to seize half of his pension until after the divorce is finalized
and the wife has received her share of the divided assets. If you or someone
you know is looking to file for a divorce,
Jacksonville divorce attorney at Hutchinson Law today for the legal counsel you deserve.