Wealthy Couple Who Collected Over $167K In Minnesota Welfare Benefits While Living On A $1.2 Milli Yacht Ordered To Pay Back Uncle Sam And Serve Jail Time!

- By Bossip Staff

How you gonna collect food stamps while living in the lap of luxury?

Wealthy Minnesota Couple Who Collected Over $167,000 In Welfare Benefits Plead Guilty

Remember this couple we told you about last March? Well it’s finally time to pay the piper.

According to RawStory reports:

A Minnesota man who collected food stamps and other public assistance while living on a yacht with his wife pleaded guilty on Monday to two felony charges, prosecutors said.

Colin Chisholm III, 62, pleaded guilty in a court hearing to theft by swindle and wrongfully obtaining public assistance, Hennepin County Prosecuting Attorney Mike Freeman said in a statement.

Prosecutors said Chisholm and his wife, Andrea Chisholm, 54, illegally received more than $167,000 in public benefits from 2005 to 2012 before their benefits were terminated.

Prosecutors said the coupled acquired a $1.2 million yacht in 2005, shortly after applying for Minnesota welfare benefits. They claimed Minnesota benefits for 28 months they lived on the yacht or in a Palm Beach, Florida area-house, prosecutors said.

They also were accused of living in two luxury homes in an upscale Minneapolis suburb while collecting benefits they were not entitled to, prosecutors said.

Chisholm, who did not disclose money from a Caribbean satellite television and broadband services company, admitted filling out forms that allowed the couple and their baby son to receive medical care, money, supplemental nutrition grants and other benefits, prosecutors said.

Andrea Chisholm pleaded guilty to one count of aiding and abetting the fraud and was sentenced to a year and a day in prison.

The Chisholms are expected to contest an order to pay more than $167,000 in restitution, prosecutors said.

Prosecutors will seek a 21-month prison sentence for Chisholm when he is sentenced on Jan. 5, Freeman said.

So the woman is sentenced over a year and her husband may get a little less than two years. Is that enough justice in your opinion? Do you think they’ll actually serve any of the time?

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