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The American Society of Pension Professionals and Actuaries has reported that a scheme targeting individual 401(k) accounts, potentially at multiple recordkeepers, has resulted in a lawsuit by the U.S. Attorney’s office in Colorado to recover as much as $2 million in losses. The article, posted on their website today, was written by Nevin Adams and is reproduced in this blog. https://www.sharrardmcgee.com/blog.php

Starla C. Hughes, CPA, and Manager with Sharrard, McGee & Co., PA, wrote a blog on this topic on 8/17/17 which can be found in the blog archives on our website.  

 

 

 

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