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A Lansing-based organization that manages employee retirement plans for Michigan local governments lost $100 million on a coffee-growing venture in Hawaii and fraudulently misled a lender into contributing $40 million to the project before abandoning it, according to a lawsuit filed Monday, Dec. 1. The lawsuit, filed in Polk County, Florida, accuses the Municipal Employees' Retirement System (MERS) and other defendants of fraudulent misrepresentation, negligent misrepresentation, and conspiracy. Check the link in our bio for more. #detroit #michigan #lansing #coffee #hawaiiancoffee #konahillcoffee #MERS mika_takizawa #retirement #retirementplans
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