Posted in Ethics & Compliance Recent Posts

Is your 401k under a withdrawal restriction right now?

Is your 401k under a withdrawal restriction right now? This website was born over a decade ago under a necessity to warn other 401k investors of the scandals perpetrated by the Principal Group of Companies. Millions of investors lost 50% or more of their 401k savings when Principal initiated a withdrawal…

Continue Reading...
Posted in Ethics & Compliance

The United States attorney general, a sheep in wolf’s clothing?

The United States attorney general should prosecute Companies like Principal Financial Services who bilked billions of dollars from 401k retirement investors prior to and during the 2008 financial crisis. Toxic assets and financial reporting fraud earmarked the collapse.  Curating the internet provides even the casual observer a wealth of information on…

Continue Reading...
Why Judges lie... to protect the guilty.
Posted in Ethics & Compliance Recent Posts Regulations

Judges lie to protect the guilty…

A couple years ago, I published a post that discusses “What happens when a Judge lies…”   Recently, I uncovered the fact that a District Court Judge in Iowa wrongfully changed a second degree kidnapping with a dangerous weapon charge to a lesser charge so he could turn the criminal loose…

Continue Reading...
Posted in Ethics & Compliance Recent Posts Regulations

Deferred Judgment Sentence for violent crime in Iowa is legal?

Most states  only permit the use of the deferred adjudication program as a rehabilitative measure for certain non-violent misdemeanor offenses.  Iowa is no different.  Iowa criminal law clearly states kidnapping is considered a felony.  Period.  Pull a gun on your victim, and it becomes a violent crime, a second degree…

Continue Reading...
Posted in cyber-security Pooled Separate Account Recent Posts Your 401(k)

Why your 401k is a fiduciary risk

Once again, we are on a rollercoaster of new “fiduciary rules” propagated by the Department of Labor.  If we didn’t know better, we could conclude from all this fiduciary bullshit that the DOL actually cared about your future.  Make no mistake, nothing could be further from the truth!  Nobody in…

Continue Reading...
Posted in Recent Posts

Three Coconut Creek properties involved in possible securities fraud…

Three commercial buildings in Coconut Creek, Florida… all purchased in 2008 by Principal Life Insurance Company for the Principal U.S. Property Separate Account, a 401k retirement separate account, had been bundled in commercial mortgage backed securities prior to the time of purchase.  Managed by Principal Real Estate Investors of Des…

Continue Reading...
Posted in Recent Posts

Rolling the dice with your Fidelity account…

Are you rolling the dice with your Fidelity account? Recently, I published a post about a data breach on my Fidelity investment account. For me, the data breach experience was pure Hell. The following is a timeline of the events leading up to, and following the breach: July 11, 2023……

Continue Reading...
Posted in cyber-security Recent Posts

Fidelity, Fraud, and your 401k

Continue Reading...
Posted in Recent Posts

Greenwashing your pension plan …

Greenwashing your pension plan, then selling out employee pension plans to insurance companies, is fast becoming big business. As recipients of billions of dollars in pension funds annually, these 401k plan raiders build their revenues by raping the future retirements of hard working Americans, literally. Recently, yet another major corporation…

Continue Reading...
Posted in Ethics & Compliance Pooled Separate Account Recent Posts

Corruption in China… a bust for your 401k?

It is a well known fact that doing business with Chinese Banks has it’s issues. Last year one of the world’s largest banks, HSBC, agreed to the Chinese Communist Party requirement that creating an internal Communist Party committee could be the cost of doing business in China. Despite China’s harsh…

Continue Reading...