What is 401k fraud? Find the top-ten signs of it in your company pension plan.
To learn more about how fraud infiltrates employee benefits systems, read about examples of it in California and Louisiana. The next time you taste those juicy pickles at Burger King, ponder the retirement plan fraud that was underway at 11 Burger King franchises in New York.
Then, of course, there is the occasional financial advisor who siphons off client funds for his or her own use. Thankfully, the example of one such advisor in Tennessee is a rare case.
Even more serious was a Ponzi scheme in 2009 and 2010 that centered around a fictional goldmine in Honduras.
The cases of fraud in this section are merely examples of the types of cases fought daily by the Department of Labor and Securities Exchange Commission.
What should you do if you suspect fraud in your pension plan?
Topic: Pension Fraud Subtopics: Introduction • 10 Warning Signs of Pension Fraud • Investigations • Burger King • More Examples of Fraud
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