I have been an ERISA attorney for 21 years now and the biggest thing that amazes me is when a fiduciary to a plan steals money from a 401(k) plan. I\u2019ve seen plan sponsors do it, I\u2019ve seen employees do it, and I\u2019ve seen plan providers do it. I knew Matt Hutcheson and Jeff Richie.<\/p>\n
What amazes me about it is that eventually if you steal, you will be found out. Stealing millions or even thousands of dollars will be eventually detected. You have a better shot of wearing pantyhose on your head and robbing a bank in getting away with it than stealing from a 401(k) trust where your fingerprints will be everywhere.<\/p>\n
So don\u2019t steal, it will never work out.<\/p>\n
<\/span><\/p>","protected":false},"excerpt":{"rendered":" I have been an ERISA attorney for 21 years now and the biggest thing that amazes me is when a fiduciary to a plan steals money from a 401(k) plan. I\u2019ve seen plan sponsors do it, I\u2019ve seen employees do … Continue reading