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

Gulf Banks Face $307 Billion Deposit Flight Risk if War Worsens, S&P Says

Posted: Mar 18, 2026

Gulf banks could face domestic deposit outflows of $307 billion if the Middle East conflict deepens,...

Iran War Cost Spike Straining Farmers Ahead of Midterm Elections

Posted: Mar 18, 2026

US farmers, long one of Donald Trump’s most loyal constituencies, are increasingly worried by...

SEC’s Top Cop Resigns After Just Six Months on the Job

Posted: Mar 18, 2026

The U.S. Securities and Exchange Commission’s enforcement director has resigned just over six...