School principal guilty of insurance fraud

School principal guilty of insurance fraud
Posted at 3:56 PM, Jan 28, 2016

A Buffalo school principal has pleaded guilty to fifth degree insurance fraud.

The State Department of Financial Services investigated Parette Walker, 53, and found she was collecting disability benefits she was not entitled to under the terms of her private disability policy with First Unum Life Insurance Company.

The DA’s Office says she has repaid the money. Prosecutors did not specify how much money was fraudulently collected.

Walker is a principal in the Buffalo Public School District, according to the DA’s Office, and is listed as the principal of PS 64 Frederick Law Olmsted on the school’s website.

She could face up to one year in prison when she is sentenced next month.

The school district released the following statement:

The District was notified today that Parette Walker pled guilty to misdemeanor insurance fraud in Buffalo City Court. Upon notification, the District placed Ms. Walker on paid administrative leave per District policy, pending the outcome of court proceedings. The school is adequately staffed at this time.




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