Thought Machine, a startup offering a cloud-based consumer banking platform, has raised $83 million in Series B funding. So reports TechCrunch.

Ben Dusing, the Kentucky-based attorney for Michael Hild, the former Live Well Financial CEO accused of a $140 million bond fraud scam, is billing the case as “David versus Goliath.” He says of himself: “There are advantages to being an outsider.” So reports WCPO, a local affiliate of ABC.

Each of the five suspects in a mid-Atlantic mortgage fraud conspiracy that spanned four years and bilked lenders out of $38 million have either been convicted or pleaded guilty. So reports The Journal News.