Workers expect their defined contribution plans to play a greater role in their retirement income than annuities.
April 24--Authorities seized rental vehicles and automobile equipment in raids today at two businesses and a home in Macomb and Oakland counties as part of a large-scale insurance fraud investigation.
No arrests were made but warrants are pending, Macomb County Sheriff's Lt. Brian Barlog said.
Investigators searched Marks One Collision Shop, 2325 Eight Mile in Warren; Marks One Rentals, 21941 Dequindre in Hazel Park, and a residence in Shelby Township.
Barlog declined to provide details on the exact location of the residence, but said it is related to the businesses, which he said have one owner.
He said the fraud investigation involved repaired vehicles through numerous automobile insurance companies.
The cooperative effort involved the Macomb Auto Theft Squad and Sheriff's Enforcement Team, Wayne County's auto theft team, Warren police, and the Internal Revenue Service.
Barlog said no weapons were seized. He declined further particulars on what authorities seized and the investigation.
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