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Release Date: 04/01/1999
Release Number:
99-39-4-1
Contact Name: Diana Petterson or Beverly
Sepulveda
214.767.4776, ext. 222 or 221
Gloria Della
202.219.8921 |
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A Texas state court today ordered the owner of
Dallas-based Programmed for Success to pay $4,044.30 in restitution, fined him
$750 and sentenced him to12 months of probation for misappropriating pension
contributions owed to the company’s retirement plan. |
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The company is a computer programming services
contractor which sponsored a salary reduction simplified employee pension plan
(SARSEP). The SARSEP is governed by the Employee Retirement Income Security
Act. |
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Donald Joseph Isgitt, a 55 year-old native of
Dallas, was sentenced on April 1. Isgitt was indicted Sept. 23 by a Dallas
County Grand Jury on charges that he retained the employee retirement
contributions in the checking account of the business and used the money to
operate the company. |
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The case was prosecuted by the Dallas County
Criminal District Attorney’s Office as a result of the investigative
efforts of the Dallas Regional Office of the Department of Labor’s Pension
and Welfare Benefits Administration. |
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(State of Texas v. Isgitt)
Criminal No.
4977-A1 |
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U.S. Department of
Labor news releases are accessible on the Internet. The information in this
news release will be made available in alternate format upon request (large
print, Braille, audio tape or disc) from the Central Office for Assistive
Services and Technology. Please specify which news release when placing your
request. Call 202.693.7773 or TTY 202.693.7775. |
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