Emergency court order will protect retirement plans impacted by local company’s alleged embezzlement
Article Excerpt: "The United States Department of Labor received an emergency court order to protect retirement plan assets owned by a Sewickley company that allegedly embezzled millions of dollars from those plans. ...According to the Department of Labor, RiversEdge Advanced Retirement Solutions LLC and its owner, Paul Palguta, embezzled over $5.5 million from plans they administered. ..."
Resource: yahoo.com