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November 4, 2008    DOL > EBSA > Newsroom > News Release

News Release

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Release Date: May 8, 2008
Release Number: 08-638-CHI
Contact Name: Gloria Della/Richard Manning
Phone Number: 202.693.8664/202.693.4676

Xenia, Ohio, woman indicted for theft from Quality Caulking Inc. retirement plan

Xenia, Ohio – The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) today announced that a Greene County grand jury in Xenia has indicted Julie Anders on two counts of theft of employee benefit assets from the retirement plan of the local company Quality Caulking Inc.

“Theft of pension assets jeopardizes workers’ retirement future,” said Bradford P. Campbell, EBSA’s assistant secretary. “This case reaffirms the Labor Department’s commitment to protect workers’ benefits by identifying criminal activity wherever and whenever it occurs.”

Anders, the majority owner of Quality Caulking Inc., was charged with theft of retirement contributions withheld from employees’ paychecks from September 2005 through August 2006. The contributions were never forwarded to the employee pension benefit plan. Instead, the funds were retained by Anders for other uses.

The indictment, based on an investigation by EBSA’s Cincinnati Regional Office, was presented to the grand jury by Greene County First Assistant Prosecutor Susan Schmidt. The indictment of a person by a grand jury is an accusation only and that person is presumed innocent until and unless proven guilty.

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