Monetary Executive Gets 15 Months In Prison For ZeekRewards Role

The topmagnate of a California financial-services business with url to defunct ZeekRewards.com was sentenced Tuesday to 15 months in prison for obstruction of justice.

Jaymes Meyer, 47, of Napa, Calif., pleaded guilty to the charge March 23. He was the chief executive of Preferred Merchants LLC.

Posted in Financial | Tagged | Leave a comment

Strong M&A Market For RIAs Moves Focus Financial Towards …

Strong MA market for RIAs propels Focus Financial toward possible IPO
Registered financial investment advisory firms have been combining at swift rate after record-setting 2015

Posted in Financial | Tagged | Leave a comment

Clinton Foundation Examination Update: Key Details About Financial And Political Dealings

The release of documents dropping more light on connections between the Clinton Structure and the Clinton-led State Department has touched off a brand-new political firestorm only weeks prior to citizens start visiting the surveys in the 2016 election.Republican candidate Donald

Trump– himself a structure donor– has required an unique prosecutor to examine the foundation, and Trump’s running mate, Indiana Gov. Mike Pence, has said the new disclosures are “proof of the pay-to-play politics.” By contrast, the Clinton campaign has suggested that there is no proof of any quid pro quo– a message echoed by her supporters in the pundit world.As the rhetoric about the Clintons ‘public and private monetary negotiations heightens, here is a quick evaluation of the major investigative reporting that has actually been done about the Clinton Foundation.Arms exports: In 2015, an International Company Times series recorded the ways in which many significant foreign federal governments that had actually contributed to the Clinton Foundation ended up getting a boost in arms export permissions from the Clinton-led State Department. Federal law explicitly designates the secretary of state as”responsible for the continuous guidance and general direction of sales “of arms, and the State Department itself says it “is responsibleis accountable for managing all government-to-government transfers of military devices to other nations.”Early in her term, the State Department called one arms offer for a Clinton Foundation donor, Saudi Arabia, a”leading concern”for Clinton.Many of the donor nations that benefited were those that the State Department slammed on human rights premises, includingSaudi Arabia

and Bahrain. Some of the same countries received increases in arms categorized as” toxicological representatives”as they worked to squash pro-democracy protests during the Arab Spring uprisings.Donor gain access to: The Associated Press on Tuesday reported that an evaluation of calendar items shows” over half the individualsindividuals outside the government who metconsulted with Hillary Clinton while she was secretary of state gave money– either personally or through business or groups– to the Clinton Structure.”Those 85 donors– which did not consist of foreign government factors– offered up to$ 156 million, according to the news service. The AP story followed the release of e-mails today that appeared to show Clinton Foundation officials dealing with State Department officials to broker conferences in between foundation donors and Hillary Clinton. It likewise followed an ABC News report on a Clinton Foundation donor being appointed by the State Department to an intelligence advisory panel”despite the fact that he had no apparent experience in the field.” Company transactions: In May, the Wall Street Journal reported that the Clinton Structure” set up a financial commitment that benefited a for-profit business part-owned by people with ties to the Clintons.”The paper kept in mind that former President Bill Clinton”personally backed the company, Energy Leader Solutions Inc., to then-Energy Secretary Steven Chu for a federal grant that year”– which the company ultimately got an$812,000 grant. While the Clinton Structure freely deals with corporations and federal governments on its philanthropic jobs, the Journal notes that”under federal law, tax-exempt charitable companies aren’t expected to act in anybody’s private interest however rather in the public interest. “Promoting corporate donors: In 2015, IBT reported that while Clinton Foundation donor Cisco faced criticism over its deal with China’s autocratic federal government, Clinton’s State Department honored the business for”impressive corporate citizenship, innovation and democratic concepts.”

Her department likewise delivered government agreements to the company. The Washington Post in 2014 reported that in 2010, Clinton pushed Russia to authorize a$3.7 billion purchase from Boeing. 2 months after the offer was strengthened, reported the newspaper, Boeing announced a$900,000 contribution to the Clinton Structure.

Posted in Financial | Tagged | Leave a comment

Ellomay Capital Reports Publication Of Financial Outcomes Of Dorad Energy Ltd. For The Three Months Ended June 30, 2016

The financial results of Dori Energy and of Dorad for the quarter ended June 30, 2016 were prepared in accordance with International Financial Reporting Standards. Ellomay will include its share of these results in its monetary results for this period, which are presently expected to be published on or about September 18, 2016. In an effort to offer Ellomays shareholders with access to Dorads monetary outcomes (which were released in Hebrew), Ellomay thus offers a convenience translation of the Dorad financial outcomes.

Dorad Financial Highlights

  • Dorads unaudited incomes for thethree months ended June 30, 2016-around NIS517 million (or roughly USD134 million, based upon the exchange rate on June 30, 2016).
  • Dorads unaudited operating profit for thethree months ended June 30, 2016 – roughly NIS26 million (or approximately USD7 million, based upon the exchange rate on June 30, 2016).

Based upon the details offered by Dorad, the demand for electrical energy by Dorads customers is seasonal and is affected by, inter alia, the climate prevailing because season. The months of the year are split into three seasons as follows: the summertime season the months of July and August; the winter season – the months of December, January and February; and intermediate seasons (spring and autumn), the months from March to June and from September to November. There is a higher hourly need for electricity throughout the winter season and summertime seasons, and the average electrical power consumption per hour is greater in these seasons than in the intermediate seasons and is even defined by peak demands due to severe environment conditions of heat or cold. In addition, Dorads profits are impacted by the modification in load and time tariffs – TAOZ (an electrical energy tariff that differs across seasons and throughout the day in accordance with need hour clusters), as, generally, TAOZ tariffs are greater in the summer season than in the intermediate and winter seasonwinter. For that reason, the outcomes presented, which consist ofthat include the winter and intermediate months of January to June are not indicative of full year outcomes.

A translation of the monetary results for Dorad since and for the year ended December 31, 2015 and as of and for the six andthree month durations ended June 30, 2015 and 2016 is consisted of at the end of this press release. Ellomay does not carry out to independently report Dorads financial outcomeslead to a different news release in the future. Neither Ellomay nor its independent public accounting professionals have actually reviewed or sought advice fromsought advice from the Amos Luzon Entrepreneurship and Energy Group Ltd., Dori Energy or Dorad with regard to the financial results included in this press release.

About Ellomay Capital Ltd.

. Ellomay is an Israeli based company whose shares are registered with the NYSE MKT and with the Tel Aviv Stock market under the trading symbol ELLO and whose Series A Debentures are traded on the Tel Aviv Stock market. Since 2009, Ellomay Capital focuses its business in the energy and infrastructure sectors worldwide. Ellomay (formerly Nur Macroprinters Ltd.) formerly was a provider of large format and super-wide format digital printing systems and related products worldwide, and offered this company to Hewlett-Packard Company throughout 2008 for more than $100 million.

To this day, Ellomay has assessed numerous opportunities and invested substantial funds in the sustainable, clean energy and natural resources industries in Israel, Italy and Spain, including:

  • Around 22.6 MW of photovoltaic power plants in Italy, approximately5.6 MW of photovoltaic power plants in Spain and 85% of roughly 2.3 MW of photovoltaic power plant in Spain; and
  • Roughly 9.4% indirect interest in Dorad Energy Ltd., which owns and operates among Israels largest personal power plant with production capability of approximately 850 MW, representing about 6%-8% of Israels overall existing electrical power usage.

Ellomay Capital is controlled by Mr. Shlomo Nehama, Mr. Hemi Raphael and Mr. Ran Fridrich.Mr.
Nehama is one of Israels prominent business people and the previous Chairman of Israels leading bank, Bank Hapohalim, and Messrs. Raphael and Fridrich both have huge experience in financial and industrial companies. These managing investors, along with Ellomays committed professional management, accumulated extensive experience in acknowledging suitable company chances worldwide.The know-how of Ellomays controlling investors and management allows the company to access the capital markets, in addition to assemble global institutional investors and other potential partners.As a result, we thinkour team believe Ellomay can thinking about considerable and complicated deals, beyond its instant financial resources.

For more infoTo learn more about Ellomay, visit http://www.ellomay.com.

Info Relating to Forward-Looking Statements

This press release includes positive statements that involve significant dangers and uncertainties, consisting of declarations that are based on the present expectations and assumptions of the Companys management. All statements, besides declarations of historic truths, included in this news release relating to the Companys strategies and objectives, expectations and presumptions of management are positive declarations. The use of certain words, consisting of the words estimate, job, intend, expect, think and comparable expressions are intended to identify forward-looking declarations within the meaning of the Personal Securities Litigation Reform Act of 1995. The Company may not actually accomplish the plans, objectives or expectations disclosed in the forward-looking statements and you ought to not place undue reliance on the Companys forward-looking declarations. Numerous essential factors could cause actual results or events to differ materially from those that might be expressed or implied by our forward-looking declarations, such as regulatory changes, changes in demand, technical and other disruptions in the operations of the power plant operated by Dorad and changes in the rates of natural gas. These and other risks and uncertainties related to the Companys company are described in greater detail in the filings the Business makes from time to time with Securities and Exchange Commission, including its Annual Report on Type 20-F. The positive declarations are made as of this date and the Business does not carry out any obligation to upgrade any forward-looking declarations, whether as an outcome of new details, future events or otherwise.

Posted in Financial | Tagged | Leave a comment

A Few Investigates: Great Prix TOP DOG Financial Assertion Doesn’t Mount Up

JC: FIVE INVESTIGATES UNCOVERING NEW QUESTIONS ABOUT JOHN CASEY. THEY CENTER AROUND STATEMENTS AS THE COMPETITION PLANS COLLAPSED THREE MONTHS AGO. ED: EXAMINATIVE REPORTER KAREN ANDERSON TIES US TODAY. THE STATE LAWYER CASEY PUT IN GRAND TARIFS MONEY FOR TO A LEGAL ACTION FILED LAST NIGHT. THAT HOURS AFTER RESCHEDULING THE RACE IN 04, CASEY WAS PUSHING TO BE ABLE TO RESURRECT THAT CLAIMING HE WAS BUT ALL OF US FOUND, THE PARTICULAR PROOF HE GAVE gt; gt; WE ARE VERY DISAPPOINTED WE FRUITION. KAREN: STEVE CASEY INFORMING 5 INVESTIGATES LAST MONTH CONCERNING THE FAILURE FROM THE BOSTON FANTASTIC PRIX COMPETITION. THE OPPORTUNITY OF THE PROBLEM UNTIL THE MIDDLE OF APR. KAREN: CASEY, THE BOSS, ANNOUNCED BUT ACCORDING TO RESOURCES, HE APPEARED AT METROPOLIS HALL a few DAYS LATER ON TRYING TO RESTORE THE EVENT. DOCUMENT CASEYS PRIVATE, FINANCIAL STATEMENT. SOURCES POINT OUT, FOR CONFIDENCE HE COULD IN PERSON BACK THE RACE IF THIS WENT FORWARDS THE ASSERTION CLAIMS $41 MILLION IN ASSETS, INCLUDING LASER RENTING, HIS HEALTH CARE LEASING ORGANIZATION THAT AT SOME POINT CLOSED, A FAR MORE THAN $11 MILLION FINE ART COLLECTION, IN ADDITION TO NEARLY INSIDE REAL $12 MILLION ESTATE. PROPERTIES CASEY LISTED WHICH INCLUDES THIS HOME IN BOXFORD., HE CLAIMED IT PRICE $4 MIL AND IS WELL WORTH BUT PUBLIC RECORD INFORMATION $3 MILLION. SHOW THE PURCHASE PRICE WAS $680, 000, IN FACT IT IS ASSESSED $1. 2 , 000, 000. AND IT ENDS UP, HIS SPOUSE IS AROUND THE DEED, NEVERTHELESS JOHN CASEY ISNT. TYPICALLY THE STATEMENT PROVIDES THIS CAMBRIDGE HOME AS BEING PURCHASED IN 20 044 — 41 $. 7 MILLION. COULDNT LOCATE ANY RECORD OF THE SALE NEVERTHELESS DID FIND THE OWNED FROM THE ASSESSED WORTH ONLY HALF WHAT THE DECLARATION SAID. BUILDING IN WINTHROP. CASEY PEAK ONE OF THEIR BOUGHT NEWS. THE DECLARATION CLAIMS ITS WORTH two hundred, 000 GREATER THAN PUBLIC RECORDS DEMONSTRATE. LAST MONTH, THE PARTICULAR CONDO ORGANIZATION FILED A COMPLAINT ALLEGING CASEY SMT HAS FAILED, TO PAY $11, 500 IN COSTS. gt; grand touring; I WILL INFORM YOU, THERE ARE A LOT OF ILLUSTRATIONS BUT I DO BELIEVE MR. CASEY HAS MADE THAT WE KNOW NO LONGER TO BE TRUE. AT +ATTORNEY GENERAL MAURA HEALEY IS CURRENTLY SUING DEEP FREEZE HIS PERSONAL RESOURCES TO RECOVER CASH FOR TICKET REFUNDS — REFUNDS. HAVE BEEN HURT IN MASSACHUSETTS APART. KAREN: THEIR STATEMENT LIKEWISE LISTED $6 MILLION INSIDE LAND. PROPERTY RECORDS. BY MEANS OF HIS LAWYER, JOHN CASEY DENIES HE OR SHE DELIVER THE STATEMENT

Posted in Financial | Tagged | Comments Off

3 Smart Funding Solutions With Regard To Startups

By Robert Harrow

Many years after the ’08 recession, small enterprises financing are still feeling the effects-particularly all those trying to be eligible for loans via major banking institutions. According to a written report published by Harvard Enterprise School, financial institutions are less willing to engage in lending below hundred buck, 000 (so-called microloans) due to their high transaction costs and low profitability. This is a significant problem, since a new joint review by the Government Reserve Banks of New York, Atlanta, Cleveland, and Phila. found more than fifty percent of all small-business loans wanted are beneath this hundred buck, 000 threshold.

Due to the variety of small businesses, there is no “one-size-fits-all” lending solution for business owners. ┬áThis post walks you through causes financing choices.

Posted in Financing Options | Tagged | Comments Off

Monetary Filing Shows Gov. Scott’s Wallet Has Millions Less In It

California Gov. Rick Scott, a multimillionaire who else used his personal fortune to aid propel your pet into business office, reported Thursday night that their overall net worth tumbled sharply in the past 12 months. Scott submitted his annual financial disclosure form that will showed that his net worth was nearly $119. a couple of million right at the end of 2015, a drop of almost 19 percent from the previous year.

CHRIS OMEAR/THE ASSOCIATED PRESS

Posted in Financial | Tagged | Comments Off

The Son’s Figuratively Speaking Destroyed Our Financial Future. What Do I Do?

Helaine,
About 12 years ago, the son wanted to attend an out-of-state institution with a high tuition. We foolishly required out a parent or guardian Plus financial loan to cover their school plus expenses, considering that we couldnt afford this on our earnings. This was over a federal financial loan I was investing in my own schooling. At some point, we consolidated the two loans to acquire a lower interest rate. Long story short: My hubby died, the son got job problems, I am simply able to work part time because of health problems, plus the loans have been in forbearance for many years. Because they are father or mother Plus loans, they are not qualified to receive income-based pay back, and the payments keep going upward. If I began paying to them now, the particular payments would take up fifty percent my month-to-month income, that is impossible. My son is planning to pay his portion, but hes come up in opposition to major home repairs and cant make payments now. I know at some point Ill be depleted of choices to delay payments as well as the loan will come due. At that point, I will be taking a look at retirement and will not have a lot of income accessible. I have a few savings, simply no debt apart from this large loan, plus would be in good economic shape however for it. Internet marketing getting panicky about the pay back and have attempted to work something out with all the lender, but to no get. I know my son may start paying inside a couple of years provided that he has a career, but his / her company goes through a few problems right now and he doesnt know from day to day whether he can be employed. Easily default, may they ornament my Interpersonal Security or maybe the equity inside my home? So what do I do?

Posted in Financial | Tagged | Comments Off

Economic Tonic

Back in the day when a mention of MiFID a couple of, a complex Western regulation, elicited groans through financial types in the Associated with London. Given that Britain voted to leave the European Union, however , it is now a source regarding hope. That is the fault a terms in the second iteration of the Markets monetary Instruments Savoir, to give that its complete name, seems to supply financial businesses outside the EU, as those in the Metropolis may soon be, having a means to provide services to customers within it.

The provision in question enables financial businesses from away from EU to supply trading, broker and underwriting services in order to European institutional (but not necessarily retail) clients, as long as typically the regulatory program where they may be based is usually deemed “equivalent” to that from the EU. In theory, there should be without doubt about the affinity of Britain’s laws, points out Jonathan Herbst of Norton Rose Fulbright, a law firm, provided that Britain continues to implement Western rules until its get out of. This shows that for banks and brokerages based in Greater london it should be enterprise as usual.

Posted in Financial | Tagged | Comments Off

Jones And Antheil Join Modernize America Inside Florida

John Charles Thomas will serve as Modernize Americas Vp, Market Advancement, for Florida and be accountable for the market advancement and exterior affairs, helping to make the companys industry-leading HERO Program as well as other financing goods available through the entire state. Thomas previously served as Mature Director of Membership and Public Matters for the California League of Cities, top the Institutions external plus internal marketing and sales communications. His prior roles contain Senior Vice President of Public Private Collaboration, a federal government and corporate affairs consulting organization, and as the federal government Relations Director for the University of Southern Florida. Thomas served inside the administration associated with Florida Chief excutive Lawton Chiles as the Movie director of Cupboard Affairs and Senior What is Director.

I look forward to helping to increase the funding options for Floridians who need to create energy efficiency, renewable energy or wind-hardening enhancements to their homes, said Thomas. HERO has a proven design for not only reaching more homeowners compared to traditional financing options, but in addition producing ecological and economic benefits regarding local communities.

Mike Antheil has additionally joined Refurbish America as Florida Movie director of Market Development. A new Florida local, Antheil is actually a renewable energy policy and financing expert. He or she most recently served as Exec Director regarding both the Florida Solar Energy Industrial sectors Association (FlaSEIA) and the Florida Alliance with regard to Renewable Energy (FARE).

PACE offers homeowners an excellent new tool for improving the performance of their houses and incorporating renewable energy upgrades like sun, said Antheil. The modern program can help homeowners save energy, lessen their utility bills, and plan for catastrophic weather.

The MAIN CHARACTER Program is going to be offered to home owners later this year in California communities that have adopted file sizes allowing SPEED financing. To be able to encourage the local government to offer HERO, please visit https://www.heroprogram.com/get-hero.

Since last year, the LEADING MAN Program offers financed greater than $1. five billion in home improvements which will conserve more than $2 billion about energy bills, save 10 billion kWh associated with electricity adequate to take a million Americans off of the grid to get a year lessen emissions simply by more than second . 7 mil tons, plus save more than 4. 6 billion gallons of drinking water. It has already created tough luck, 300 work across California and had a nearby economic impact of more than $2. 7 billion.

About Refurbish America

Renovate The usa partners along with state and local governments to offer HERO, real estate assessed thoroughly clean energy (PACE) financing system, to neighborhoods. HERO is the leading PACE put in the US and contains financed greater than $1. a few billion associated with improvements, representing the vast majority of non commercial PACE projects nationwide. This unique public-private collaboration offers consumers access to funding for more than 60 types of items that lessen energy and water consumption, without the need with regard to government funding. The MAIN CHARACTER Program has received a number of recognitions including an Environment Leadership Document for Revolutionary Partnerships from the US Environmental Protection Agency, inclusion in the 2016 White-colored House Normal water Summit, typically the Governors Ecological and Financial Leadership Award in California, and the City Land Start Best of the Best.

Logo : http://photos.prnewswire.com/prnh/20150729/249205LOGO

To watch the original variation on PUBLIC RELATIONS Newswire, visit: http://www.prnewswire.com/news-releases/thomas-and-antheil-join-renovate-america-in-florida-300294451.html

SOURCE Refurbish America

Related Links

http://www.renovateamerica.com

Posted in Financing Options | Tagged | Comments Off