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Dallas Businessman Sentenced for Misappropriating Pension Assets
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL] 
Apr. 5, 1999
"A Texas state court today ordered the owner of Dallas-based Programmed for Success to pay $4,044.30 in restitution, fined him $750 and sentenced him to 12 months of probation for misappropriating pension contributions owed to the company's retirement plan. The company is a computer programming services contractor which sponsored a salary reduction simplified employee pension plan (SARSEP). The SARSEP is governed by the Employee Retirement Income Security Act. Donald Joseph Isgitt, a 55 year-old native of Dallas, was sentenced on April [1] Isgitt was indicted Sept. 23 by a Dallas County Grand Jury on charges that he retained the employee retirement contributions in the checking account of the business and used the money to operate the company."
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