Thursday, March 28, 2024

FBI set their sites on Dallas Police and Fire Pension System

fbi_logo_twitterThe Dallas Police and Fire Pension System helps support our first responders in their retirement.

It has come under intense scrutiny over millions of dollars in questionable investments, and now reportedly the FBI has made contact with certain members of the Dallas Police and Fire Pension Fund staff and board of directors.

Instead of safe and traditional investments, managers of the $3.4-billion Dallas Police and Fire Pension System took pride in taking risks. They sank tens of millions of dollars into high-risk real estate ventures, including boutique rental properties in Hawaii and Arizona, and wine country resorts in Napa Valley.

 

For more details visit here.

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