Large 419 plan files for Bankruptcy

Recent court cases and other developments have highlighted serious problems in plans issued by Nova Benefit Plans of Simsbury, Connecticut. Recently unsealed IRS criminal case information now raises concerns with other plans as well. If you have any type plan issued by NOVA Benefit Plans,
U.S. Benefits Group, Benefit Plan Advisors, Grist Mill trusts, Rex Insurance Service, get help
at once. You may be subject to an audit or in some cases, criminal prosecution.

On November 17th, 59 pages of search warrant materials were unsealed in the Nova Benefit Plans litigation
currently pending in the U.S. District Court for the District of Connecticut. According to these documents, the IRS believes that Nova is involved in a significant criminal conspiracy involving the crimes of Conspiracy to Impede the IRS and Assisting in the Preparation of False Income Tax Returns. Read the full article here.

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