Friday, November 14, 2008

Internet Pharmacy: Father and Son Convicted of Running Illegal Internet Pharmacy

Defendants to Forfeit a Total of $11.8 Million in Illegal Drug Proceeds. Following four weeks of trial, a federal jury in Brooklyn today returned a verdict convicting ANTONIO QUINONES, the owner and operator of illegal internet pharmacies, of illegal distribution of prescription medication, conspiracy, and money laundering. Internet Pharmacy: Father and Son Convicted of Running Illegal Internet Pharmacy

Wednesday, November 12, 2008

Internet Payday Lenders: FTC Charges Internet Payday Lenders for Abusive and Deceptive Collection Tactics

The Federal Trade Commission and the State of Nevada have charged 10 related Internet payday lenders and their principals, based mainly in the United Kingdom, with violating federal and state law by not disclosing key loan terms to U.S. consumers and using abusive and deceptive collection tactics. Internet Payday Lenders: FTC Charges Internet Payday Lenders for Abusive and Deceptive Collection Tactics

FHA Mortgage Update: HUD Announces New, Permanent FHA Mortgage Loan Limits

Beginning January 1, 2009, FHA will insure single-family home mortgages up to $271,050 in low cost areas and up to a maximum of $625,500 in high cost areas. The February 2008 Stimulus Package temporarily raised the FHA maximum to $729,750 through December 31, 2008. The new $625,500 maximum, however, represents a significant increase over the $362,790 limit that was in effect prior to the Stimulus Package. FHA Mortgage Update: HUD Announces New, Permanent FHA Mortgage Loan Limits

Monday, November 10, 2008

Don't be Left Out! Two Weeks to ShakeOut--Thousands Join Each Day, You Can Too

At 10 a.m. on November 13, millions of southern Californians will drop to the ground, take cover under a table or desk, and hold on. An earthquake prediction? No. But it is certain that the Great Southern California ShakeOut is on track to being the largest earthquake drill in United States history. Don't be Left Out! Two Weeks to ShakeOut--Thousands Join Each Day, You Can Too

Federal Reserve Board and Treasury Department announce restructuring of financial support to AIG

The Federal Reserve Board and the U.S. Treasury on Monday announced the restructuring of the government's financial support to the American International Group (AIG) in order to keep the company strong and facilitate its ability to complete its restructuring process successfully. Federal Reserve Board and Treasury Department announce restructuring of financial support to AIG