SEC alleges firm overcharged investors by inflating fund values.
SEC says International Investment Group sold at least $60 million in fake loan assets.
Increase IRS audits, which are shrinking. This would help narrow the budget deficit, ex-Treasury secretary contends.
State and local pension funds’ soundness improves from last year.
Patrick McLarry admitted to stealing £250,000 from pension plan he oversaw.
Bipartisan legislation aims to protect pensions for 92,000 coal miners.
Money returned to swindled investors jumps 50% to $1.2 billion.
Ruless Pierre, who targeted family and friends, could face 45 years in prison.
Pension giant scolds regulator for attempt ‘to solve problems that simply do not exist.’
Online auction portal allegedly made investors sign confidentiality agreements prior to distributing returns.