OTHER NEWS
Landlord to Pay $63M in Alleged Ponzi Scheme
- Wednesday, 05 February 2020
- Originating
A court has approved the distribution of more than $63 million to investors in New York real estate developer Robert Morgan’s allegedly fraudulent real estate investment scheme, the Securities and Exchange Commission has announced.
Read more...Lawyer Gets One Year in Prison for Mortgage, Tax Scams
- Thursday, 30 January 2020
- Originating
A prominent New Jersey lawyer has been sentenced to one year and one day in prison on his conviction for making false statements in a bank loan application and failing to pay over payroll taxes withheld from employees, according to federal prosecutors. So reports InsiderNJ.
Read more...Fed Vice Chair Says Economy is in a 'Good Place'
- Thursday, 16 January 2020
- Originating
Federal Reserve Vice Chairman Richard Clarida said the U.S. economy is in a “good place,” during recent remarks. He also vouched for the central bank’s current stance on interest rates. So reports MarketWatch.
Read more...Mortgage Relief Scammers Must Pay $18.5M
- Saturday, 04 January 2020
- Originating
A judge has ruled in favor of the Federal Trade Commission against several companies accused of operating mortgage debt relief scams, the FTC has announced. The U.S. District Court for the District of Nevada also slapped an $18.5 million judgment against the scammers.
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