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.’