HARRISBURG, Pa. — Pennsylvania Attorney General Michelle Henry has filed a civil lawsuit against Lehigh Valley-based mortgage brokers and their manager, Barry Newhart, accusing them of orchestrating a kickback scheme…
TOMS RIVER, NJ – The Democrat candidate for Toms River is under fire this week after taking campaign donations from two of Lakewood’s biggest power powerbrokers, a realtor and the…
Scott Raffa, 57, of Newport Beach, was arrested Saturday at Los Angeles International Airport. He is scheduled for arraignment this afternoon in United States District Court in Santa Ana. Raffa…
First of all, I just want to say thank you for the introduction. You are all true partners of US Customs and Border Protection, and more importantly, true partners in…
BOSTON, MA – Ted Capodilupo, Joseph Masci, and Brian Ferris faced sentencing today for orchestrating a scheme to deceive a local bank and the U.S. Small Business Administration (SBA), causing…
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission (SEC) has warned some broker dealers to strengthen policies and controls that guard against money laundering, including by taking more…
BEIJING (Reuters) – Chinese real estate brokerage agencies need to implement reasonable reductions to fees for housing transactions and leasing services to promote healthy development of the sector, the housing…
LONDON (Reuters) – Britain’s Financial Conduct Authority said on Thursday it has fined inter-dealer brokers BGC Brokers LP, GFI Brokers Limited, and GFI Securities Limited 4.77 million pounds ($5.80 million)for…
MILAN (Reuters) -U.S. e-commerce giant Amazon said on Thursday it had filed legal complaints in Italy and Spain as it steps up efforts globally to shut down fake review brokers.…
MIAMI – A South Florida federal judge has ordered prison sentences for two former securities brokers who defrauded investors out of $1.5 million by — among other things — lying…
(Reuters) – Real estate brokers Compass Inc and Redfin Corp said on Tuesday they will cut jobs as rising mortgage rates and the prospect of aggressive rate hikes eat into…
McManus said, “Kensington Courts is like a micro-city nestled high above the most popular residential submarket in Philly today – Fishtown/Kensington. The Riverwards Group masterfully transformed a 185,000 SF vacant…
Miami, Florida – This week, following a six-day trial, a federal jury in Fort Lauderdale, Florida returned guilty verdicts against Jeffrey Alan Horn (“Horn”), 47, of Coral Springs, Florida, and Omar…
By Katanga Johnson WASHINGTON – In a rare public warning, the U.S. Securities and Exchange Commission on Monday told broker-dealers and other market participants to “remain vigilant to market and…
By Scott Murdoch, Samuel Shen and Selena Li SYDNEY/HONG KONG – China’s securities regulator has barred the country’s investment banks it regulates from acting as promoters of blank-check firms in…
MOSCOW – Russia’s central bank has imposed a 30% commission on foreign currency purchases by individuals on currency exchanges, brokers told Reuters, citing a letter from the regulator. The central…
A family safety app used to track children’s movements is selling location data to several different data brokers, according to an investigation by The Markup. Life360, which bills itself as…
PHILADELPHIA – Acting U.S. Attorney Jennifer Arbittier Williams announced that Jeremi Michael Conaway, 46, of West Chester, PA, and James Bell, 69, of Glen Mills, PA, were both charged by…