The former CEO of an Aliso Viejo electrical contractor has agreed to restore $570,983 in 401(k) payments he'd stiffed 105 company retirement plan participants out of, the U.S. Labor Department announced.San Clemente's Mark Dell Donne, who served as a fiduciary of the plan, already returned $98,748 t ... More >>
UPDATE, JUNE 15, 12:12 P.M. Westminster's Hoang Quoc Tathanhlong has been sentenced to three years in state prison for lying about being a certified financial planner and stealing more than $650,000 from a widow he met at a funeral home.The 50-year-old, who did make a couple payments to the wido ... More >>
Rep. Loretta Sanchez (D-Garden Grove) is calling on Treasury Secretary Timothy Geithner to expedite Internal Revenue Service review of Orange County's proposed changes to its employee pension program--not because she believes the IRS will expose flaws but because she's kinda sorta for it and kin ... More >>
A Newport Beach investment management firm predicts many Americans are heading toward a retirement disaster and don't even realize it. At least those folks shouldn't feel alone: many of those running big pension funds also don't know "we're headed for a retirement train wreck and it's going to ... More >>
Rizzo: I've been sodomized!Local news highlights include:Ex-Bell city manager says he is a rape victimIn case you haven't heard: Robert Rizzo, Bell's city manager who paid himself $1.5 million annually, was sexually assaulted. Yep, and Rizzo is naming names. The perpetrator? The LA Times, he says ... More >>
As editor Ted B. Kissell's "A Bad Week at the Weekly" post about layoffs at OC Weekly continued (and is continuing) to generate comments, newsroom staffers received a memo about the matter this week from our Village Voice Media overlords. Now, before I reveal what was in the memo, let me itera ... More >>
This is about Social Security and . . . Wait! Come back!!