Loan

CAMDEN, N.J. – A Camden County, New Jersey, man today admitted fraudulently obtaining a federal Paycheck Protection Program (PPP) loan of $237,500, U.S. Attorney Philip R. Sellinger announced. Cornell McCoy, …

Keaton Merrell and Shannon Hersker of Walker & Dunlop’s BFR & SFR Practice Group arranged the financing on behalf of their client, Mill Creek Residential. The team leveraged their broad range of …

          GRAND RAPIDS, MICHIGAN — U.S. Attorney Andrew Birge announced that David Kurbanov of Wyoming, Michigan, and James Williams of Dacula, Georgia, were sentenced to 36 …

SCRANTON – The United States Attorney’s Office for the Middle District of Pennsylvania announced today that Matthew W. Mensinger, age 48, of Berwick, Pennsylvania, was charged in a criminal information …

Damian Williams, the United States Attorney for the Southern District of New York, announced that ADEDAYO ILORI, a recidivist fraudster with multiple prior fraud convictions and who continued to engage …

Damian Williams, the United States Attorney for the Southern District of New York, announced that AMEET GOYAL, M.D., (“GOYAL”) an ophthalmologist in Rye, New York, was sentenced today to 96 …

WASHINGTON – A World Bank emergency cash disbursement to Ukraine will grow to 460 million euros ($509 million) with contributions from Sweden and the Netherlands, and will be submitted for …

By Christoph Steitz FRANKFURT – German oil and gas firm Wintershall Dea said on Wednesday it would stop payments to Russia and write off its 1 billion euro ($1.1 billion) …

Damian Williams, the United States Attorney for the Southern District of New York, Thomas Fattorusso, Special Agent-in-Charge of the New York Field Office of the Internal Revenue Service, Criminal Investigation …

An indictment was filed yesterday in federal court in Brooklyn charging Stephen Burton and James Wellesley, both citizens of the United Kingdom, with wire fraud conspiracy, wire fraud and money …

The Biden administration announced Wednesday it will cancel $415 million in student debt for nearly 16,000 borrowers who claim they were misled by for-profit colleges. The loans for almost 16,000 …

MILAN -Non-binding offers for a non-performing loan (NPL) portfolio worth around 5 billion euros ($5.7 billion) put on the block by Greece’s bad bank liquidator PQH are due next week, …

BANGKOK – Thailand’s property market may not return to pre-pandemic levels until 2024, due to a slower-than-expected economic recovery amid a new coronavirus outbreak and higher inflation, the research unit …

HONG KONG – Shares of cash-strapped Chinese property developer Shimao Group eased on Thursday, after it sought to extend payments of a $947 million trust loan and reports said that …

ALEXANDRIA, Va. – Zen Solutions Inc., located in Arlington, Virginia, has agreed to pay approximately $31,000 in damages and civil penalties to settle allegations that it violated the False Claims …

By Sinéad Carew – While U.S. bank stocks had a rocky start to the year, investors and analysts see accelerating loan growth and Federal Reserve interest rate hikes boosting the …

Marissa Amara on February 7, 2022 A man from the Bronx, New York, who is on life support due to COVID-19, was sued by a lending company after contracting COVID-19 …

NEWARK, N.J. – An Atlantic County, New Jersey, construction company and one of its owners entered into a settlement agreement with the United States in which they admitted violating the …

SAN FRANCISCO, CA – When President Joe Biden’s top doctor, Dr. Anthony Fauci picked a fight with Kansas Senator Roger Marshall he didn’t realize that in just a few days, …

MACON, Ga. – Co-defendants engaged in a scheme to defraud two agriculture-based financial institutions orchestrated by a former loan officer have pleaded guilty to their crimes. Johnnie Farrow, 66, of Macon, …

NEWARK, N.J. – A Somerset County, New Jersey, woman was charged for her role in fraudulently obtaining over $1 million in federal Paycheck Protection Program (PPP) loans and Economic Injury …

MILAN – Management at carmaker Stellantis has confirmed its commitment to preserve jobs and plants in Italy despite the early repayment of a 6.3 billion euro ($7.03 billion) state-backed loan, …

ROME – Carmaker Stellantis said on Friday its unit FCA Italy and other Italian subsidiaries had repaid a 6.3 billion euro ($7 billion) loan to Italy’s top lender Intesa Sanpaolo. …

MILAN – Stellantis is preparing to early repay a 6.3 billion euros ($7 billion) loan backed by Italian government its predecessor Fiat Chrysler obtained at the peak of a COVID-19 …

Assistant U. S. Attorney Michelle L. Wasserman (619) 546-8431 NEWS RELEASE SUMMARY – January 26, 2022 SAN DIEGO – Kevin Lee of Chula Vista pleaded guilty in federal court today …