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Former state worker pleads guilty to stealing from flex insurance program

Posted October 28

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— A Raleigh man who headed the flex insurance programs for North Carolina state workers pleaded guilty on Friday to taking more than $440,000 from the program for his own use.

Chakrapani Tadameti, 67, of Tecumseh Court, was sentenced to 51 to 74 months in prison after he agreed to a plea deal and paid back $250,000 of the money he took. Superior Court Judge Donald Stephens said Tadameti would be considered for work release once he pays back another $195,000.

Tademeti, who retired in March after 20 years with the Office of State Human Resources, managed the NCFlex program that allows state workers to make tax-free contributions to accounts that they can then use to pay medical and child care expenses during the year.

Indictments in 2015 alleged that between Aug. 31, 2012, and Feb. 28, 2015, Tadameti obtained reimbursement for nearly $400,000 that he reported spending on conference sponsorships, program advertisements and other services but never actually spent.

Instead, he took that money for his own use, prosecutors said Friday.

Former OSHR Director Neal Alexander said that an internal review in April 2015 of a communications account managed by Tademeti that served several benefit plans raised concerns about possible misuse of funds.

Stephens on Friday questioned how Tadameti was able to take money without any oversight from supervisors or the state.

"Unfortunately for this defendant and fortunately for the NC Flex program, he retired in 2015. Otherwise, today, he would still be there, and today he would still be taking money, I suspect," Stephens said.

4 Comments

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  • Janet Ghumri Oct 28, 5:27 p.m.
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    Don't forget the 'tell-all' book, he is sure to publish.... smh

  • Norman Lewis Oct 28, 4:16 p.m.
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    Wait, 4 1/2 to 6 years for stealing nearly half a million dollars? He should not be in a position to profit from his crime. I think 20 years minimum is more appropriate considering he'll probably actually get time served plus maybe 2 years of actual incarceration. When he gets out, he'll have a full State retirement and the almost $200,000 left over from the stolen money. Wow, how can I get a job like that? Of course I'm not really a want to be thief but what a deal!

  • Janet Ghumri Oct 28, 3:15 p.m.
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    I suspect that 'retirement' just isn't the same when you have to pay back over $400,000. The lack of oversight is alarming. I wonder if his new boss has security cameras (yet)?

  • Linda Tally Oct 28, 1:35 p.m.
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    Work release? Who has agreed to hire this guy? And why?