PS Bank Promotes Paul Walsh to Senior Lender, SVP

June 5, 2024 Delaney SextonContributing Editor PS Bank Promotes Paul Walsh to Senior Lender, SVP “Paul has been an integral part of PS Bank’s growth over the last nine years. He was responsible for our designation as a Small Business Administration Preferred Lender in 2022. Paul’s dedication to his customers and his ability to recommend…

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Kris Roglieri will Stay Detained After Threatening an FBI Agent

June 4, 2024 Delaney SextonContributing Editor Kris Roglieri will Stay Detained After Threatening an FBI Agent When it comes to white-collar crime, the arrestee will normally have the right to bail, but Kris Roglieri will remain detained. Prosecutors cite that he is a “danger to society” and a flight risk. Prosecutors wrote to the Judge…

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American Lending Center Celebrates 15 Years of Growth

June 4, 2024 Delaney SextonContributing Editor American Lending Center Celebrates 15 Years of Growth “We started with three employees in a small office in Long Beach,” Shen recalls at a celebration on Friday, May 31. “Today we have 60 employees on the payroll. When we started and got our first investor for $500,000, we were excited. Then…

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Kris Roglieri Arrested for Fraud Charges and Scheduled to Appear in Court Today

June 3, 2024 Delaney SextonContributing Editor Kris Roglieri Arrested for Fraud Charges and Scheduled to Appear in Court Today After talking about Roglieri’s legal woes and an ongoing federal investigation for months, there was finally an announcement. On Friday, Kris was arrested for wire fraud and appeared in Albany before a Judge. Over the weekend,…

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New Criminal Justice Reviews Final Rule Goes Into Effect Today

May 30, 2024 Delaney SextonContributing Editor New Criminal Justice Reviews Final Rule Goes Into Effect Today The SBA final rule updates program regulations regarding eligibility based on criminal history records. Under the 7(a) and 504 loan programs, SBA removed the restriction that limited businesses with an associate who is on probation or parole. Keep in…

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