Featured Jobs
|
Nova 401(k) Associates
|
|
DWC ERISA Consultants LLC
|
|
EPIC RPS
|
|
Retirement Combo Plan Administrator Heritage Pension Advisors, Inc.
|
|
Merkley Retirement Consultants
|
|
BPAS
|
|
Compensation Strategies Group, Ltd.
|
|
Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
|
|
BPAS
|
|
July Business Services
|
|
Defined Benefit Specialist II or III Nova 401(k) Associates
|
|
The Pension Source
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
Former Chief Fiduciary of Several 'Multiple Employer' Pension Plans Indicted on Charges of Misappropriation of Funds
The Pension Protection Act Blog 
Apr. 12, 2012
"Matthew Hutcheson, former Chief Fiduciary of several multiple employer plans, was arrested [on April 11], charged with 17 counts of wire fraud and 14 counts of misappropriating pension funds. The indictment seeks to recover more than $5 million which the federal government claims Mr. Hutcheson misappropriated from the plans and spent making renovations to his house and buying two SUVs, a BMW convertible, two motorcycles, and a John Deere tractor, along with spending $3 million in a failed attempt to buy the Tamarack Resort in Donnelly, Idaho."
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |