Disturbing news about nest eggs

Companies can avoid pension fraud by conducting an investigation on the background of people or companies they are dealing with. They should search public records for relevant information regarding these people, since the activities of criminals who engage in fraud are often preserved in these documents. Important data can be gleaned from corporate records, data about liens or judgments filed by regulatory agencies against the company in question, records of civil lawsuits, bankruptcy databases and other on-line computer services.
AN EXAMINER WITH THE PENsion Benefit Guaranty Corporation (PBGC), the federal agency that protects the pension funds of nearly 41 million American workers, made a startling discovery while examining several [...]