Texas Couple Sentenced to Prison in $15M Employee Benefit Plan Embezzlement Scheme

Share!

Insurance Journal - Dec 04, 2020

A Red Oak, Texas, couple have been sentenced to a combined 18-plus years in federal prison for their roles in a $15 million retirement plan embezzlement scheme, according to U.S. Attorney for the Northern District of Texas Erin Nealy Cox. …...

Read Full Article

Recommended Articles

IMO Chief Says Naval Escorts Won’t Guarantee Ship Safety Through Strait of Hormuz: FT

Posted: Mar 17, 2026

The head of the International Maritime Organization has said that naval escorts through the Strait o...

5 Reasons Embedded Payments and Premium Finance Are Becoming Core MGA Infrastructure

Posted: Mar 17, 2026

The insurance industry continues to evolve, and MGAs, wholesalers, and program administrators are un...

Middle East War to Intensify Soaring European Corporate Distress

Posted: Mar 17, 2026

The outbreak of hostilities in the Middle East and surging energy costs are expected to exacerbate s...