Thursday, November 24, 2022

RETIRED CA POLICE CHIEF CHARGED IN FRAUD CASE

By Bob Walsh


Greg Love was a former chief of the Broadmoor (CA) Police Department.  He is now on the receiving end of a grand theft charge brought about by CalPERS asserting that he (as well as several other command rank retirees) bilked the pension system out of about $2 million.  Broadmoor is a small city located just 2 miles beyond San Francisco city/county limits.  

A police officer with the Broadmoor P D had complained YEARS ago that his boss, David Parenti, was also double-dipping, working for the department at a good salary while receiving a CalPERS pension.  Four years is the statute of limitations on this crime.  CalPERS managed to "lose" the paperwork for more than four years.  That means Parenti, also a Broadmoor chief, cops a walk on the criminal fraud charge.  CalPERS is going after Parenti to recover $1.8 million.  Parent's lawyer asserts that the payment was completely legal.  

Love was charged earlier this month by the San Mateo D.A. alleging fraud to the tune of $700,000 received in pension money while still working as Chief of the Broadmoor P.D.  Love could face up to four years in the slammer.  

Parenti received a workman's comp settlement of over $100,000 in 2017 as being fully disabled but continued to work full time for an additional two years and continued to receive benefits during that period.

The feds COULD go after Parenti as their statute of limitations for fraud is 6 years, but they have declined to do so.

2 comments:

Trey said...

An indictment isn't a conviction. IMHO, this case won't go anywhere. A disability doesn't mean you cannot work at a job that doesn't interfere with your disability. If that were the case then disabled VETS could not work. A good portion of people with disabilities go back to work.

bob walsh said...

When you stay in the exact same job you were rated as fully disabled and unable to perform I think that may be an issue.