Another update in the Plan Compliance Group Scandal. Nothing new, except now the SEC is investigating. It appears that the FBI, SEC, and two state AG’s are invovled, though little has actually been released as to findings.
As expected, the investors and school districts hurt by Reimers are extremely upset and attempted to confront him at the Bankruptcy hearing. My hearts and prayers go out to these individuals and their families.
Scott Dauenhauer, CFP, MSFP