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Evansville Woman Sentenced in Federal Court for Bankruptcy and Wire Fraud Scheme Involving Husband's 401(k)
Office of the Solicitor, U.S. Department of Labor Link to more items from this source
July 10, 2017
"[Patricia Bippus-Allen] was convicted of wire fraud stemming from her transferring money from her husband's 401(k) account into her own personal bank accounts without his consent, knowledge, or authorization. Bippus-Allen made multiple calls to the 401(k) service center purporting to be her husband while also faxing supporting documentation to the service center for a 401(k) hardship withdrawal. In sum, Bippus-Allen made multiple unauthorized withdrawals from her husband's 401(k) account for a total of over $24,000. Bippus-Allen also took out over $16,000 in loans on her husband's 401(k) account without his consent, knowledge, or authorization."

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