The Daily Caveat is written by Michael Thomas, a recovering corporate investigator in the Washington, DC-area.

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3/20/2006
UK Retirement Planning Firm, Alexander Forbes Skimmed Millions from Retiree Funds
Somehow this is appropriate coming on the heels of the H&R Block story. Alexander Forbes, a UK financial planning firm has been made the subject of a regulatory investigation regading the firm's mis-use of funds under its management. Several former Forbes emploees have already been arrested and the six-month long investigation is still rolling along. Further details can be found here, at South Africa's, Personal Finance.

-- MDT
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