Fraud Friday – East Haven School Board Chairman Indicted for $1.5 Million Fraud

February 22, 2019 By Dominic J Bartolone Contributing Editor, Fraud Friday Fraud Friday – East Haven School Board Chairman Indicted for $1.5 Million Fraud East Haven, Connecticut former mayoral candidate and school board chairman, John T. Finkle III, has been charged with defrauding an Illinois company of more than $1.5 million. Finkle was arraigned Feb.…

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Coleman 2019 SBA “BDO of the Year” and SBA BDO Summit

Nominations Open for Coleman 2019 SBA “BDO of the Year” and SBA BDO Summit April 1-3 Loews Miami Beach Hotel 1601 Collins Ave, Miami Beach Winners *must* attend! Are you a high performing SBA Business Development professional or know someone who is? This is the perfect opportunity to be recognized for your individual achievements or…

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Fraud Friday – $100M Florida Fraud Leads to Bank Failure

February 15, 2019 By Dominic Bartolone Contributing Editor, Fraud Friday Fraud Friday – $100M Florida Fraud Leads to Bank Failure An eccentric businessman who hobnobbed with Miami’s elite is headed to federal prison after being found guilty of fraud on a financial institution. Jack Kachkar, 55, former CEO of Inyx, a specialty pharmaceutical company in…

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Coleman Movers & Shakers — Michael Utterback, Savannah Allen, Debra Morack, David Sommers, Anastasia Williams, Yvonne Santos, Bill Hand, Matt Foster

February 14, 2019 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Michael Utterback, Savannah Allen, Debra Morack, David Sommers, Anastasia Williams, Yvonne Santos, Bill Hand, Matt Foster Michael Utterback Named VP, Loan Origination by SomerCor, Four Other Promoted “Mike’s experience across commercial banking, community development, special assets and SBA lending…

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Main Street Monday — Decreased Revenues Reflect Decreased Optimism

February 11, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday — Decreased Revenues Reflect Decreased Optimism Stats reported from the first quarterly Wells Fargo/Gallup Small Business Index of 2019 show a decrease in small business owners optimism levels. The overall index score came in at 106, reflecting a decline of 23…

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C-Suite Wednesday — The Diligent and Prudent Banker Small Business Lender Standard

February 6, 2019 By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — The Diligent and Prudent Banker Small Business Lender Standard Down Under bank, Suncorp, is under fire for aggressively collecting five outstanding small business loans to the family of an Australian entrepreneur who died unexpectedly. The bank demanded the family sell the business to…

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Main Street Monday – Survey Results Reveal Small Business Optimism Levels Remain Virtually Unchanged

February 4, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Survey Results Reveal Small Business Optimism Levels Remain Virtually Unchanged December 2018 Small Business Optimism Index survey results released by the NFIB Research Foundation highlights include: Capital Holding steady from last month, 61% of small business owners report capital outlays.…

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