Virginia woman sentenced to prison and ordered to repay approximately $57,000 in restitution to plan participants

ALEXANDRIA, Va. – The U. S. Department of Labor's Employee Benefits Security Administration (EBSA) today announced that Kim Ghi Martin was sentenced to three months in prison followed by three years of supervised release and was ordered to pay $56,957.18 in restitution.

Martin was sentenced after pleading guilty to a one-count criminal information charging her with theft of employee benefit assets from the 401(k) plan of Leading Technology Services Corp. (LTS). The prosecution was based on a criminal investigation conducted by EBSA's Philadelphia Regional Office into alleged violations of the Employee Retirement Income Security Act.

"Theft of pension assets jeopardizes workers' retirement future," said Mabel Capolongo, director of the Philadelphia Regional Office of EBSA. "This case reaffirms the Labor Department's commitment to protect workers' benefits by identifying criminal activity wherever and whenever it occurs."

Under the sentence, Martin, the former chief executive officer of LTS, is subject to forfeiture of assets and must pay monthly restitution to her victims beginning 60 days after release from prison.

U. S. v. Martin
Criminal No. 1:10-cr-00233-001