List/Grid Tag Archives: financial
Three Former Financial Services Executives Convicted for Roles in Conspiracies Involving Investment Contracts for the Proceeds of Municipal Bonds
WASHINGTON—A federal jury in New York City today convicted three former financial services executives for their participation in conspiracies related to bidding for contracts for the investment of municipal bond proceeds and other municipal finance contracts, the Department of Justice announced. Dominick P.
LifeAuditors Process Reveals New Process for Families Seeking Greater Peace of Mind
For the last few years we’ve been hearing about a much-anticipated wealth transfer occurring in the United States. As parents pass on, and family wealth is handed down from…
Kansas City Business Owner Pleads Guilty to Multi-Million-Dollar Bank Fraud Conspiracy
KANSAS CITY, MO—David M. Ketchmark, Acting United States Attorney for the Western District of Missouri, announced that the owner of several used car dealerships in the Kansas City, Missouri metropolitan area pleaded guilty in federal court today to his role in a bank fraud conspiracy that resulted in losses of millions of dollars by several financial institutions.
Roanoke Man Sentenced for Bank, Wire Frauds
ROANOKE, VA—A local man, who pled guilty in August 2011 to charges of making false statements, bank fraud, and wire fraud, was sentenced this morning in the United States District Court for the Western District of Virginia. Ahmad Abedallah Al-Mikdadi, 42, of Roanoke, Virginia, previously pled guilty to one count of bank fraud, one count of wire fraud, and one count of making a material false statement to influence financial institutions.
FBI Announces Public Service Announcement by Michael Douglas on Securities Fraud and Insider Trading
This morning the FBI announced a new public service announcement featuring Michael Douglas, soliciting tips and information on securities fraud and insider trading. This is part of the continued push—and focus on a top FBI priority—to root out criminal behavior in the marketplace.
Federal Reserve Board announces approval of notice by Hana Financial Group Inc.
Release Date: February 8, 2012 For immediate release The Federal Reserve Board on Wednesday announced its approval of the notice by Hana Financial Group Inc., Seoul, Korea, to acquire indirect controlling interests in KEB NY Financial Corp., New York, New York, and KEB LA Financial Corp., Los Angeles, California. Attached is the Board’s Order relating to this action.
Chicago Area Financial Concierge Receives National Health Care Recognition
Greg Walstra of Greg Walstra, Financial Concierge Services recognized for excellence in service to area medical professionals Wheaton, IL (January 16, 2012) – According to the Bureau of Labor Statistics,…
Utica Man Sentenced for Prescription Drug Distribution
RICHARD S. HARTUNIAN, United States Attorney, Northern District of New York, announces that DR.
CME Group Increases Guarantee to $550M to Accelerate Return of 75 Percent of MF Global Inc. Segregated Funds to All Customers
– Distribution would result in return of roughly $4 billion total cash returned CHICAGO , Nov. 22, 2011 /CHICAGOPRESSRELEASE.COM/ — To accelerate the return of additional securely held funds to MF Global Inc.
New Jersey Man Pleads Guilty in $670 Million Fraud Scheme
WASHINGTON—A certified public accountant (CPA) and purported outside auditor for Provident Capital Indemnity Ltd. (PCI) pleaded guilty today for his role in a $670 million fraud scheme involving victims throughout the United States and abroad.