October 22, 2021 Delaney SextonContributing Editor Fraud Friday – Business Owner was Sentenced 2 Years in Prison for Embezzling From Business Partner and Financial Institutions The owner of a commercial flooring business was sentenced to two years in prison for embezzling more than a million dollars from his business partner and financial institutions. From 2011…

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October 20, 2021 Delaney SextonContributing Editor C-Suite Wednesday – OIG Cites $90 Billion in Potentially Fraudulent PPP and EIDL Loans ”In March 2020, the Coronavirus Disease 2019 (COVID-19) pandemic catapulted the U.S. Small Business Administration (SBA) into the spotlight as the primary agency responsible for providing nationwide assistance to small businesses. Since then, SBA has…

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October 14, 2021 Delaney SextonContributing Editor Coleman Movers & Shakers – Drew Saito, Mira Srinivasan, and Chris Hemmings Locality Bank IO Announced Drew Saito as a Co-Founder and Chief Lending Officer “The growing Locality Bank team has the experience to revive community banking in South Florida,” says Keith Costello, CEO & Co-Founder of Locality Bank…

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October 13, 2021 Delaney SextonContributing Editor C-Suite Wednesday – The Consumer Financial Protection Bureau’s Proposed Loan Data Collection Rule The Consumer Financial Protection Bureau (CFPB) issued a notice of proposed rulemaking on September 1st, and on October 8th, they published their proposed rule to implement Section 1071 of the Dodd-Frank Wall Street Reform and Consumer…

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