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Category Archives: General
Feds Make Another Arrest Amid Allegations of More Than $1 Billion in Bad PPP Loans
The feds made another arrest in connection with Paycheck Protection Program loan fraud. Attorney Jae H Choi of Fort Lee, N.J. has been accused of obtaining close to $9 million in PPP loans under fraudulent circumstances. Choi has been charged … Continue reading
Tax Deadline for Extension Filers is Almost Here
The October 15 filing deadline is quickly approaching. If you filed an extension for your federal or state taxes don’t forget to get your returns on file before Thursday, October 15. Are you ready to file now? We can help … Continue reading
Federal Grand Jury Indicts Large Kansas City Landlord
A Federal Grand Jury in St Louis indicted one of Kansas City’s biggest apartment landlords after a year of investigations that uncovered terrible living conditions across multiple Kansas City area apartments. Michael Fein, owner and vice president of TEH Management … Continue reading
Saks Fifth Avenue Faces Eviction in Miami over $1.9 Million in Past Due Rent
A Miami-area shopping mall is attempting to evict Saks Fifth Avenue, saying the retailer hasn’t paid rent since March and owes approximately $1.9 million in unpaid rent. Saks told its landlord, Bal Harbour Shops LLC, that it couldn’t make lease … Continue reading
Operator of Trump International Hotel in Vancouver files for Bankruptcy
TA Hotel Management LTD, a unit of the Malaysi-based TA Global Bhd, who operates the Trump International Hotel in Vancouver has filed for bankruptcy. The Holborn Group, a Vancouver-based developer, licensed the Trump name in 2013 for the 69-story luxury … Continue reading
Coca-Cola Cuts Thousands of Jobs as Coronavirus Hits Sales
Coca-Cola Co. joined a long list of big U.U. companies in laying off thousands of workers due to the coronavirus crisis. The company is offering voluntary deals across its businesses and promising to halve its number of operating units. They … Continue reading
CFPB Settles with Third Mortgage Company With Regards to Deceptive Advertisements
On August 21, 2020 the Consumer Financial Protection Bureau (CFPB) issued a consent order against California licensed mortgage broker and lender, Go Direct Lenders, Inc. Go Direct offers mortgages guaranteed by the United States Department of Veteran Affairs (VA). Go … Continue reading
Mortgage Delinquencies of 90 Days or More at 10 Year High
Serious mortgage delinquencies hit a 10 year high in July according to a report by financial data firm Black Knight. According to Black Knight, the number of homes with mortgages with delinquencies of 90 days or more but not in … Continue reading
Bed Bath & Beyond Cuts 2,800 Jobs
Bed Bath & Beyond said that it is cutting about 5% (2,800 jobs) of its overall workforce at its corporate headquarters and stores as the retailer looks to shift its business online, reports the Associated Press. The job cuts should … Continue reading
California Pizza Kitchen Files for Bankruptcy
California Pizza Kitchen Inc. of Houston has filed for bankruptcy. The company operates more than 200 restaurants but has plans of restructuring. According to documents from the US Bankruptcy Court of Southern District of Texas, the restaurant was forced to … Continue reading