Shocking fraud has Durham police issuing a warning

July 30, 2014

Prepaid Credit Cards

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In several instances, suspects have been calling citizens or business owners and saying they are from Veridian Connections or other legitimate electricity distributors, police note. People are being told they are more than $1,000 behind in their bills and the power would be shut off if the bill isnt paid immediately.

People are told to make a credit card payment or use prepaid credit cards from stores and forward the numbers to the caller. Down payments of hundreds of dollars are also encouraged.

The callers have set up an answering...


Northbrook Police Warn of Phone Scams

July 30, 2014

Prepaid Credit Cards

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The following is from the Northbrook Police Department:

The few minutes you take to read this and share with your friends,
family and co-workers may save you $$$!

Scams, Frauds and Con Artists…. A few new facts to know:

There has been a recent flood of phone scams
in our area and throughout the country. If you did not initiate the contact,
don’t give any personal information over the phone, online or let someone into
your home.

A common scam that has been reported to Northbrook Police, as well as in
surrounding area communities, involves a caller claiming to be with an agency
or utility such as the IRS, ComEd, ATT or another common...


The PrivateBank Announces $10 Million in Financing for Rehab, Purchase of …

July 30, 2014

Personal Financial Services

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The PrivateBank will also provide funding to administer the program, and will work with the CCLBA and nonprofit organizations to identify prospective buyers and provide required home buyer counseling. Under the program, rehab services will be provided by pre-qualified contractors, with an emphasis on supporting small businesses in the communities where the properties are located. Eligible properties are those owned by the CCLBA, which acquires the parcels through purchase or donation.

The PrivateBank will provide construction financing for the rehabilitation work, which will have the homes...


Aust Unity bids for Premium Wealth Management

July 30, 2014

Personal Financial Services

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Financial planning dealer group, Premium Wealth Management has confirmed that its shareholders are considering a bid from financial services group, Australian Unity.

The companies announced they had executed a non-binding indicative offer under which Australian Unity Personal Financial Services would acquire all the shares in Premium Wealth Management.

Money Management understands that the approach from Australian Unity has been under consideration by Premium Wealth Management for a number of weeks.

Money Management understands that Australian Unity has been looking to sustain growth in its wealth management business on the back of the positive contribution...


Small-business resources

July 29, 2014

Understanding Your Credit Report

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Tuesday

Build Your Own Website Using WordPress: Hosted by SCORE Houston. 9 am-1 pm, Palm Center Technology Center, 5330 Griggs Road. Cost $49. Registration: www. scorehouston.org.

What You Need to Know Before Buying a Franchise: 9-11:30 am, UH SBDC, 2302 Fannin, Suite 200. Cost: $29. Registration: www.sbdc.uh.edu.

Starting Your Business: 9 am-4 pm, UH SBDC, 2302 Fannin, Suite 200. Cost: $25, including lunch. Registration: www.sbdc.uh.edu.

QuickBooks Pro 2014: July 15 and July 17, 9 am-1:30 pm, UH SBDC, 2302 Fannin, Suite 200. Cost: $129. Registration: www.sbdc.uh.edu.

Wednesday

Houston Minority Supplier Development Council Minority-Owned...


New London to question Carter further

July 29, 2014

Chapter 7 Bankruptcy

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New London Before the Board of Education meets Thursday night to vote on a contract for Terrence P. Carter, its unanimous selection as the citys next superintendent of schools, it will hold a closed-door conference call to question him further about his academic record.

On Monday, the Board of Education canceled its scheduled meeting to vote on Carters contract in order to provide Board of Education members with the opportunity to fully clarify and consider recent statements and assertions concerning Terrence Carter, according to a press release issued by the school system.

The Hartford Courant reported Friday that Carter is listed as PhD or Dr. Terrence P. Carter on numerous...


The Sukuk Financing Model for Green Projects

July 29, 2014

Financial Topics

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By Michael Green, Head of Derivatives and Structured Finance in the Treasury Department of the World Bank.

Surveying the available financing models in the Middle East for sustainable infrastructure projects, Sukuk appears as a viable option to match the regions growth.

Three trends are discernible in the current global financial market:

1. Banks are reluctant to commit long-term capital to infrastructure finance due to stricter capital requirements;

2. An increasing number of investors are interested in environmentally sustainable investing, in other words, investing to promote activities that are seen as being...


Local restaurant files Chapter 7

July 29, 2014

Chapter 7 Bankruptcy

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A recently shuttered Shockoe Bottom restaurant has declared bankruptcy.

Arcadia at 1700 E. Main St., which operated through Arcadia Partners LLC, filed Chapter 7 bankruptcy on July 11, according to federal court records.

Arcadia shut down on June 22, the filing shows.

The business closed with $264,000 in debt. It owed $14,000 to its landlord, and other creditors include food and equipment vendors and utility providers. It also owed $12,000 in Richmond city meals taxes and more than $14,000 in state and federal taxes.

Its assets consist of about $44,000 in restaurant equipment.


Safe Money Resource Grants Wealth Planner Andrew Heese ‘Safe Money …

July 29, 2014

Financial Topics

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PR Web

Cherry Hill, NJ (PRWEB) July 17, 2014

Safe Money Resource has given its Safe Money Approval to another expert wealth planner who has a strong record of empowering people to achieve financial security through education.

Andrew Heese, a gifted professional with over 15 years of business experience, is the latest independent advisor to be recognized by Safe Money Resource for his lasting commitment to responsible advisement and investor education.

With deep roots in business, Andrew leverages extensive knowledge gained from prior experience as an institutional investment and private...


Could gift cards ease the problems of the homeless?

July 29, 2014

Prepaid Credit Cards

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When police are called to help with a disruptive or unruly homeless person, there are only a few places an officer can take the person.

You can either take them to the hospital, if they meet that criteria, or they end up, unfortunately, incarcerated, Officer Matt Tinney told Action 7 News.

Now, police have a new tool.

Tinney co-founded the nonprofit, Crisis Intervention Team, Inc. with psychiatrist Dr. Nils Rosenbaum.

The two recently launched Helping Hands.

The program works by giving prepaid credit cards are to Albuquerque Police supervisors, who can then use the cards to help a homeless person in crisis. The credit cards can allow officers to help...