The $300 million Oxford Health Plans settlement was recently disbursed, and $6.5 million of it reportedly went out via a check payable to one Richard Lagerveld.  The address to which this check was sent?  Neil Good Day Center, the San Diego homeless shelter where Mr. Lagerveld picked it up.

According to the San Diego Union-Tribune, Lagerveld filled out a claim form in the Oxford Health Plans settlement purporting to be an investor who owned $145 million of Oxford stock in a health plan, and provided the claims administrator with bogus brokerage statements from a defunct investment firm in support of his claim.

The claims administrator ultimately figured out that there was a problem, and alerted the FBI.  According to the article,

FBI agents arrested Lagerveld Dec. 16 at a La Jolla stock brokerage where he had an account. "We do not believe he was really homeless," FBI spokeswoman Jan Caldwell said. "He may or may not be. He was very clean."

The article states that last week a judge ordered Lagerveld held until he is sent to Long Island to face charges that he stole the funds.