Lynn Stuart Parramore: Meet the Guy Stealing Your Retirement Savings Right Under Your Nose

June 23, 2014  |  Let's say you're a person who has worked very hard. You've done the right thing — you've saved every possible penny for your 401(k). For this, you're hoping to have a decent stream of income in your golden years. And yet in the end, you may not have access to all of that hard-earned money.  Why? Because the legal standards that govern people who give advice on retirement plans are a complete joke.

 

Right now, all across the country, the savings of blameless, hard-working people are being nibbled away without their knowledge by unscrupulous actors. And there doesn’t seem to be anything that can be done about it.