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Alleged Fraud Drains Former Employee's 401(k) as Feds Investigate Plan's Administrator for Unauthorized Distributions
InsuranceNewsNet.com
Apr. 13, 2020 "[The former employee] alleges an unknown user accessed her account online, changed the password and initiated a transfer to a new bank account, after getting additional personal information from Alight customer service representatives over the phone, according to the complaint.... Alight, the nation’s largest employee benefits administrator, is under federal investigation for allegedly processing unauthorized retirement plan distributions through cybersecurity breaches." |
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