Reply to Where are my 401K Contributions?

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Reply to "Where are my 401K Contributions?"

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[quote=Anonymous]If something seems fishy you should definitely ask questions. One job I had whenever an employee took vacation time the comptroller always “screwed up” and deducted too many hours. So many people let it go and lost paid time off because the comptroller yelled at them and blamed the employees something wrong.

I haggled this dude with documentation down to the last half hour of my PTO taking it all the way to the director. That should have been a red flag.

Later, a third party auditor discovered that the comptroller was funneling the stolen PTO into fake employee accounts which of course were deposited into bank accounts owned by him and his wife.

He was convicted of embezzling over half a million from a state funded non-profit. By the time he was discovered he was running the same scam at another non-profit. I think he chose non-profits that had employees who were not financially savvy or confrontational types.

I’d take this higher just be sure you’re not being cheated.  In the meantime, cut the payroll department out of managing your savings and put your money into a ROTH IRA instead. 
It was [/quote]

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