By Bill Cresenzo
A Virginia Beach company has been ordered to pay almost $80,000 back into its 401(k) plan because its owner didn't put his employees' money in it.
The U.S. Department of Labor said that is has secured a consent judgment that demands that Cardservice of Virginia Inc. pay more than $77,000, which included $21,904.10 to restore the 401(k)'s assets and $51,725.27 in prejudgment interest.
The firm processes credit card payments to merchants, according to an online description.
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