US Labor Department seeks to recover more than $1 million in improper and delinquent loans made from United Employee Benefit Fund in Northbrook, Ill. [08/30/2011]

The U.S. Department of Labor has sued the United Employee Benefit Fund in Northbrook and its trustees, David Fensler and Anthony Monaco, following an investigation by the department’s Employee Benefits Security Administration that found the defendants violated the Employee Retirement Income Security Act with respect to loans issued from the fund.