Why Do Some Fiduciary Violations Go Unpunished While Others Result in Jail

“People are going to jail over ERISA fiduciary violations and the dollar amounts pale in comparison to what is being wasted on the employee health plan side of ERISA.”

“So, a business owner is sentenced to 5+ years in prison for embezzling $31K from the 401K plan she sponsored. But a county government that allowed a $31K overpayment to a hospital on a knee surgery when it knew it could get said knee surgery at a higher quality facility at half the cost gets off without a single question being raised? Something just isn’t right about that.” – Cristy Gupton, President of Custom Benefits Solutions

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