Archive for October 10th, 2014

Public-Employee Pension Fraud


Friday October 10th, 2014   •   Posted by Craig Eyermann at 6:11am PST   •   0 Comments

It is taking an increasing amount of “creative” accounting—or, really, outright fraud—to make a number of troubled public-employee pension funds look solvent when they are nowhere close to having the money needed to pay retiring government employees for the extremely generous pensions they’ve been promised. And when the fraud is found out, taxpayers are...
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