Fraud Friday – Billings Man Indicted for Defrauding Canadian Bank

May 10, 2019 By Dominic J Bartolone Contributing Editor, Fraud Friday Fraud Friday – Billings Man Indicted for Defrauding Canadian Bank A Montana businessman was indicted for bank fraud for allegedly inducing a Canadian Bank to loan him more than $40 million based on phony loan documents. Todd Capser, 47, of Billings, was arrested May…

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C-Suite Wednesday — SBA Wants More Loans from Credit Unions

May 8, 2019 C-Suite Wednesday — SBA Wants More Loans from Credit Unions The National Credit Union Administration and SBA have signed an agreement to increase credit union participation in SBA lending. Fewer than one in 10 credit unions participate in SBA’s lending program The NCUA says the memorandum of understanding “to undertake a series…

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Main Street Monday – Small Business Owners Optimism Down Slightly

May 6, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Small Business Owners Optimism Down Slightly In the semi-annual survey of small business owners released by Bank of America, it indicates a slight decline in optimism levels. Of 1,504 small business owners surveyed, here are the stats: 48% predicted the…

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Fraud Friday – Ex Credit Union CEO Pleads Guilty to Fraud

May 3, 2019 By Dominic J Bartolone Contributing Editor, Fraud Friday Fraud Friday – Ex Credit Union CEO Pleads Guilty to Fraud The former CEO of a Minnesota credit union who was accused of stealing more than $10 million, pleaded guilty to stealing at least $2.5 million after a five-year investigation by the FBI. Margurite…

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Main Street Monday – Small Business Owners Cautiously Optimistic About Economy

April 29, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Small Business Owners Cautiously Optimistic About Economy The release of the latest economic forecasts and surveys to date indicate that while small business owners remain optimistic about the economy, they are cautiously optimistic. The buzz word is “conservative” in terms…

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Fraud Friday – Chicago Group Sentenced for Bank Fraud Scheme

April 26, 2019 Fraud Friday – Chicago Group Sentenced for Bank Fraud Scheme By Dominic J BartoloneContributing Editor, Fraud Friday Four defendants who pleaded guilty to bank fraud charges were sentenced in U.S. District Court to federal prison time and ordered to pay more than $14.3 million in restitution for their part in a scheme…

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