Bidders on New Jersey Construction Projects Could Soon Be Forced to Disclose Financing Publicly
New Jersey Bill S3481 to Mandate Disclosure of Construction Project Financing TRENTON, NJ – In an effort to increase transparency in government contracting, a new bill proposed in the New Jersey Senate…
Six Co-Conspirators Sentenced for Over $2.8 M Retail Financing Fraud
RICHMOND, Va. – Six individuals were sentenced recently to approximately 31 combined years in prison for taking part in a conspiracy to defraud several retail financing providers through various schemes involving the…
Movie Producer Sentenced to Over 21 Years for Role in Film Financing Scheme
Miami, Florida – Yesterday, a federal district judge in South Florida sentenced a 44-year-old former actor and movie producer from Bartlesville, Oklahoma, to 262 months in prison for his role in a…
Movie Producer Sentenced to Over 21 Years for Role in Film Financing Scheme
Miami, Florida – Yesterday, a federal district judge in South Florida sentenced a 44-year-old former actor and movie producer from Bartlesville, Oklahoma, to 262 months in prison for his role in a…
AWH Announces US$28.5M Incremental Senior Debt Financing
– Closes on $28.5M of the incremental draw, bringing the total raised under the Senior Credit Facility to US$275M – NEW YORK, June 30, 2022 – Ascend Wellness Holdings, Inc. (“AWH” or…
Sussex County Woman Admits Concealing Terrorist Financing to Syrian Foreign Terrorist Organizations
NEWARK, N.J. – A Sussex County, New Jersey, woman today admitted that she concealed her attempts to provide material support to Syrian foreign terrorist organizations, U.S. Attorney Philip R. Sellinger, Assistant Attorney…
FirstEnergy Amends Price and Timing of Cash Tender Offer and Announces Satisfaction of Financing Condition
AKRON, Ohio, June 9, 2022 — FirstEnergy Corp. (NYSE: FE) announced today that it has amended certain terms of its previously announced cash tender offer, including the price and timing as detailed…
The Joint Chiropractic Wins Big: Zor Award Names Brand 2022 Best Buy; 2022 TOP$CORE FUND™ Honors Commitment to Franchise Financing
SCOTTSDALE, Ariz., June 9, 2022 — The Joint Corp. (NASDAQ: JYNT), the nation’s largest provider of chiropractic care through The Joint Chiropractic® network, has been named a best buy in franchising by Franchise…
AWH Announces US$36.5 Million Incremental Senior Debt Financing
— Closes additional funding under option to increase existing term loan — NEW YORK, May 18, 2022 – Ascend Wellness Holdings, Inc. (“AWH” or the “Company”) (CSE: AAWH.U) (OTCQX: AAWH), a multi-state,…
Movie Producer Found Guilty in Film Financing Scheme
Miami, Florida – Following a six-week trial, a federal jury in Fort Lauderdale has convicted a 44-year-old former actor and movie producer from Bartlesville, Oklahoma of conspiracy, wire fraud, and money laundering…
Jury Convicts Dutch National for Participation in Terror Financing Ring
ALEXANDRIA, Va. – Today a federal jury convicted a Dutch woman on charges for her participation in a terrorist financing ring in support of the Somalia-based terrorist group al-Shabaab. According to court…
Federal Grand Jury Issues Indictment Alleging Irvine Man Concealed Material Support and Financing to Foreign Terrorist Organization
SANTA ANA, California – A federal grand jury today returned a four-count indictment that charges an Irvine man with attempting to provide material support to two foreign terrorist organizations – Hay’at…
Pivot Energy Closes $190 Million of Debt and Tax Equity Financing to Support 90 MW Distributed Generation Solar Portfolio
This is the first portfolio of projects Pivot will build, own, and operate since its strategic acquisition by ECP in June 2021. In addition to C&I PPAs, clients include community solar subscriptions…
Walker & Dunlop Structures $70 Million in Financing for Manhattan’s 21 West Street Apartments
Jonathan Schwartz, Adam Schwartz, Aaron Appel, Keith Kurland, Michael Ianno, and Triston Stegall led the Walker & Dunlop team in arranging the financing for Rose Associates, a repeat client. Based in New…
American Financial Resources Introduces New eCASH Home Financing Program
AFR is Piloting Its New All-Cash Offer Program in New Jersey, Florida, and Texas Before a National Rollout PARSIPPANY, N.J., April 12, 2022 — American Financial Resources, Inc. (AFR) is pleased to announce…
HSBC and Overhaul Announce Venture Debt Financing to Fund Future Growth and Expansion Globally
AUSTIN, Texas, March 24, 2022 — Overhaul, the industry’s first and only software-based, supply-chain visibility, integrity, and security solution for leading enterprises shipping freight globally, today announced that HSBC Bank USA has…
Austin Man Sentenced for Defrauding Financing Company
AUSTIN – Yesterday, an Austin man was sentenced to 24 months in prison for defrauding a financing company. According to court documents, David Wayne Jenkins, 38, was the owner and president of…
Owner of car dealership pleads guilty to defrauding financing company
ATLANTA – Muneeb Syed, a/k/a Ed Syed, has pleaded guilty to charges that he fraudulently obtained auto financing in connection with his used car businesses. “We expect businesses to operate lawfully,” said…