FBI raids Dallas financial office amid allegations of missing retirement funds
The FBI has raided the offices of a downtown Dallas financial business amid concerns that money may be missing from retirement accounts the company manages.
The company, Vantage Benefits Administrators, declined to comment, according to its in-house lawyer, Laura Mercer. The company’s website is down, and employees reached by The Dallas Morning News said they could not comment.
Vantage specializes in managing retirement plans such as 401(k)s for other companies.
The FBI would not say what it was looking into. But Lauren Hagee, a spokeswoman for the agency, confirmed that agents executed a search warrant on Oct. 25 at the company’s office on the 16th floor of Renaissance Tower at 1201 Elm St.
Read more: https://www.dallasnews.com/news/downtown-dallas/2017/10/31/fbi-raids-dallas-office-401k-manager-vantage-benefits
