Drug smuggler pardoned by Trump sued by All Year over high-interest loans

first_imgThe lawsuit involves drugs, Trump, and 11 million dollars. (Getty, Facebook, Pexels)UPDATED, March 3, 2021, 8:31 a.m.: As Yoel Goldman desperately tries to keep his Brooklyn-based real estate firm afloat, a new court filing alleges that Jonathan Braun, who pleaded guilty to drug smuggling and money laundering in 2011 but was recently pardoned by President Donald Trump, made loans to some of Goldman’s companies while in prison.Braun was allegedly behind at least $11.5 million in high-interest rate loans to the developer, according to a lawsuit filed in New York State Supreme Court by All Year Management and a web of companies tied to Goldman.The complaint alleges that the loans are part of a “larger loan-sharking scheme,” and that Braun and his affiliates made short-term loans to Goldman and All Year with “criminally usurious interest rates” that sometimes exceeded 200 percent.When Goldman and his firm refused to repay the loans, the defendants allegedly refinanced those into other short-term loans while illegally collecting additional lender fees and jacking up the interest rate.The complaint seeks to vacate a $9.2 million judgment filed this week by Braun’s alleged firm, MapCap Funding, against Goldman, All Year and over 100 other firms tied to the developer. Since then, two more judgments have been filed against Braun for $3 million and $3.5 million, with additional interest accruing.Ariel Bouskila, who is representing MapCap Funding in the judgment, said, “Mr. Braun did not have any involvement in any of the relevant transactions and our filings will speak for themselves.” He declined to comment further.Commercial Observer first reported the news.The lawsuit alleges that Braun directed the operation from federal prison in Otisville, New York. Braun was serving a 10-year prison sentence for a billion-dollar drug ring that prosecutors allege smuggled marijuana from Canada through a Native American reservation in New York. He was sentenced in 2019.The FTC and the New York Attorney General’s office have separate investigations into Braun and companies tied to him for making predatory loans to small businesses, then allegedly threatening the owners with violence to make them pay.A lawsuit filed by New York Attorney General Letitia James in June alleges that Braun warned one business owner not to “fuck with” him. He allegedly threatened to “destroy” the business owner and make his life a “living hell.” He then allegedly said, “I know where you live. I know where mother lives,” and “I will take your daughters from you,” according to the complaint.The suit filed by Goldman’s companies claims that the judgment is invalid due to these ongoing investigations in Braun’s business.In the complaint, the developer says Braun and his company are a “ticking time bomb to file yet another confession of judgment… that Goldman was unauthorized to sign.”All Year is facing the loss of its trophy asset: a massive apartment complex in Bushwick known as Denizen. Last week, All Year filed a last-minute lawsuit to stop a UCC foreclosure sale for an interest in Denizen after it defaulted on its mezzanine loan.In January, trading on All Year’s bonds was suspended after the company missed its bond payments and delayed its quarterly financial reporting.CORRECTION: This story has been updated to clarify that All Year alleged Braun had connections to MapCap Lending. Tags all year managementCommercial Real EstateFraudReal Estate Lawsuits Share via Shortlink Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlinklast_img read more

Inside View: with Samantha Edwards

first_imgSamantha Edwards, multimedia reporter on British Baker, has interviewed the likes of Ken McMeikan, chief executive of Greggs, Hummingbird Bakery founder Tarek Malouf, and the winner of the first The Great British Bake Off, Edd Kimber.last_img

US Offers $5 Million Reward for Arrest of Venezuelan Chief Justice

first_imgBy Steven McLoud/Diálogo August 27, 2020 The U.S. Department of State has offered a $5 million reward for information leading to the arrest or conviction of Maikel Moreno, nominal president of the Supreme Tribunal of Justice of Venezuela.According to the announcement made on July 21, the State Department is accusing Moreno of money laundering and “participating in transnational organized crime.” Moreno, who has been at the head of Venezuela’s Supreme Court since February 2017, has played a key role in overruling or annulling laws passed by the National Assembly, the only institution that is not controlled by the Nicolás Maduro regime.Among the charges listed in the State Department’s press release, Moreno is accused of authorizing the seizure and sale of a General Motors auto plant with an estimated value of $100 million in exchange for a personal percentage of the proceeds. He is also alleged to have received bribes to authorize the dismissal of charges or release of Venezuelans, including one person charged in a multibillion dollar fraud scheme against the Venezuelan state-owned oil company PDVSA.In a statement posted on social media, U.S. Secretary of State Mike Pompeo tweeted: “Maikel Moreno, a Maduro crony, used his position of authority for personal gain, accepting bribes to influence the outcomes of criminal cases in Venezuela. In publicly designating him today, we are sending a clear message: The U.S. stands firmly against corruption.”Moreno is now the latest senior official of the Maduro regime for whom a multimillion dollar reward is being offered. On March 26, the U.S. offered a $15 million reward for information leading to Maduro’s arrest on narcoterrorism charges, along with a $10 million reward for information on each of the following high level officials: Diosdado Cabello, head of Venezuela’s illegitimate National Constituent Assembly; Hugo Carvajal, ex-military intelligence chief; and Tareck El Aissami, current nominal minister of Petroleum.On that same day, Moreno was indicted for money laundering and corruption in Miami, Florida. While the vast majority of Venezuelans live in extreme poverty, federal prosecutors say Moreno received millions of dollars in bribes paid through Miami and foreign bank accounts that he attempted to spend on chartered private jets, expensive watches, and other luxury goods in South Florida.last_img read more

Why your credit union’s FOM commentary is so important

first_imgNow that NCUA’s field of membership (FOM) adjustments have thoroughly marinated within our industry, it’s time to get a reading on what’s transpired so far and what’s around the corner when it comes to these looming changes.To get an insider’s view on FOM, we invited NAFCU’s Director of Regulatory Affairs Alicia Nealon on the show. Alicia shared her take, along with a couple of the more significant changes and their impact on the industry. We also asked if these changes “pushed the envelope” enough for credit unions to grow even further, grabbing a bigger marketshare in 2016. Lastly, Alicia pointed out the February 8, 2016, commentary deadline for credit unions and how important that is to help shape these changes for the foreseeable future. Enjoy! continue reading » 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

5 things to keep in mind while marketing to millennials

first_img 116SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Tyler Atwell Web: www.cuinsight.com Details Be RelevantMany millennials have never known a world without the internet, and now the internet is their world. Sharing, watching, posting, reading, reviewing. All of those things are happening with or without your branch being a part of it. The only way to join that conversation is to be where it is happening.Be AuthenticMillennials have been raised in a time where companies have the tools to sell them at any time of the day. The constant onslaught of ads and offers has thickened their skin, trusting friends over big businesses. With the ability to spot a poser from a mile away, marketing initiatives need to be focused on assuming that role of ‘friend.’Be ConsistentThe only way to stay relevant and engage customers is to make sure you keep showing up to the conversation. Being consistent also showcases how accessible your branch is. Trends come and go, you have the power to make sure you aren’t just a fad.Be EngagingJust starting a Twitter, Facebook, or any other social media account won’t do you much good if you don’t use it to actually communicate. Again, being present at a conversation is only half the battle. Not being an active voice is like going to a party and standing in the corner by yourself the entire time, awkward for everyone around.Be HelpfulMillennials support businesses who are dedicated to improving their customers lives with informative content. Step back from trying to push product lists and offers, but develop whitepaper, blogs or how-to information that can convince millennials they need you.last_img read more

CFO Focus: It’s time to explore liquidity options

first_img continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Let’s face it, these are tough times for managing liquidity. Credit unions are trying to strike the right balance between having too many liquid assets or too few. During the low-rate environment of the past few years, loans grew at a faster pace than shares, a scenario likely to continue as rates rise. In addition, cash and short-term investments have seen a steady drop since 2012, reducing one common source of liquidity.Credit unions already are experiencing the effects of a rising rate environment—loans and investments extending, funding pressure on rate-sensitive deposits, and fewer bonds available to sell at acceptable prices. With the Fed raising rates, liquidity problems aren’t going away. Members who were debating taking out a mortgage or buying a new car are now rushing to fill out the application before rates climb further. Members with maturing CDs are starting to shop around for higher rates, something we haven’t seen since before the crisis. To make matters worse, rising rates are causing the market value of bonds held in investment portfolios to fall, sometimes substantially.As a result, demand for liquidity is growing. So, the question is what liquidity options are available to credit unions?last_img read more

Monchi departs Roma ahead of Arsenal move

first_imgMonchi departs Roma ahead of Arsenal move Comment Metro Sport ReporterFriday 8 Mar 2019 1:05 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link1.1kShares Claudio Ranieri is expected to be installed as Fulham’s next manager (Picture: Getty)Claudio Ranieri, sacked by Fulham last week, is expected to replace Di Francesco and the lack of input Monchi had over that decision is said to have led to the total breakdown in his relationship with the club’s hierarchy.Monchi worked with Unai Emery during their successful period together at the Sanchez Pijuan and is expected to take up the vacant role at the Emriates left as a result of former Borussia Dortmund talent spotter Sven Mislinatat’s departure last month.More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal Eusebio Di Francesco was sacked by Roma following Tuesday’s Champions League defeat against Porto (Picture: Getty) Arsenal are expected to employ Monchi as Sven Mislintat’s successor (Picture: Getty)As they arrived at the airport on the way back from the match in Portugal, a group of Roma fans abused several members of the team, including defender Alessandro Florenzi, who was sarcastically clapped for his role in conceding a needless and decisive 117th minute penalty.Reports claimed Monchi confronted the group of disgruntled supporters, offered to fight them and threatened ‘in six months, I’ll take on each of you one on one.’The 50-year-old subsequently issued an apology on Twitter, which read: ‘It’s true that there was a moment when emotions ran high because of the huge disappointment that we all experienced.‘I apologise to all the fans and, in particular, those present at the airport. Forza Roma!!’ Monchi has left Roma by mutual consent (Picture: Getty)Roma’s sporting director Monchi has left Roma by mutual consent ahead of his anticipated move to Arsenal.‘I want to put on record our thanks to Monchi for his dedication during his time at the club and we wish him all the best for his future endeavours in football,’ said AS Roma CEO Guido Fienga.The Spaniard, who spent 17 years as a sporting director at Sevilla, a club he also represented as a player, joined the Giallorossi in 2017.‘I would like to thank President Pallotta, the club’s management, staff, players and fans for their support during my time at the club,’ said Monchi. ‘I wish Roma a lot of success in the future.’AdvertisementAdvertisementADVERTISEMENTMore: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityAfter helping turn Sevilla into serial Europa League winners, Monchi was expected to help build a similarly successful side in the Italian capital.Although Roma reached the semi finals of last season’s Champions League, despite the cut-price sale of Mohamed Salah, they have failed to kick-on and lie a staggering 28 points behind Serie A leaders Juventus.A poor run of form culminated in Tuesday’s Champions League defeat at Porto, which proved to be the final straw for head coach Eusebio Di Francesco, who was sacked yesterday. Advertisement Advertisementlast_img read more

Breach of rules: Icelandic lady weeps for Foden, Greenwood.

first_img FacebookTwitterWhatsAppEmail分享 “I did not Google the person before I went to meet him, I feel for everyone around him. Family, girlfriend, teammates and him too. “I realised that they were something known, but it was a big mistake for all parties not to have thought beyond what happened.” She added: “We cannot take this back, this is something you have to live with.” “I have come in here to come clean, to tell about my side and the right side of this issue, which has attracted much more attention than I had thought,” she explained. Read AlsoQatar FA fines Xavi, players over Coronavirus rules breach “To answer the main question, I’m the person who picked up the boys and took up this whole situation. It was a huge mistake. “Honestly with all my conscience, I did not realise how famous these guys were,” she added in an interview with a local newspaper in Iceland. Lara Clausen says she had no prior knowledge that Foden already had a two-year-old son with Rebecca Cooke. An Icelandic lady has pleaded on behalf of England international Phil Foden revealing that she neither knew he was an international footballer nor  had a girlfriend with a child. Lara Clausen, 19 another unnamed lady had gone on a secret liason with England duo of Foden and Mason Greenwood in the Three Lions Hotel while on national assignment, but the meeting turned out to be a sweet-bitter experience. Foden was kicked out of England’s training camp in Iceland along with Mason Greenwood over the weekend, having breached coronavirus protocols by inviting two girls into the team hotel after their Nations League win on Saturday. The Manchester City and Manchester United youngsters arrived back in England on Monday night, with Three Lions boss Gareth Southgate warning them to expect a public backlash over the incident. Phil foden and Mason Greenwood hammered for importing ladies into England camp Lara Clausen who revealed she is not a football fan and does not watch also regretted that she did not google to properly know the identity of the guys she and the friend were dealing with. “Many have said to me that he (Foden) has a girlfriend and a child, I did not know,” she said. Loading… Promoted ContentBrother Creates A Phenomenal Dress For His Sister10 Of The Dirtiest Seas In The WorldTop 7 Best Car Manufacturers Of All TimeYou’ve Only Seen Such Colorful Hairdos In A Handful Of Anime9 Facts You Should Know Before Getting A Tattoo8 Things To Expect If An Asteroid Hits Our PlanetThe Great Wall Of China: The Hidden StoryBirds Enjoy Living In A Gallery Space Created For Them6 Most Breathtaking Bridges In The WorldPortuguese Street Artist Creates Hyper-Realistic 3D Graffiti5 Of The World’s Most Unique Theme ParksBelieve It Or Not, Paul Rudd Is Turning 50 This Yearlast_img read more

Edo to host over 8,500 athletes during NSF 2020 – Official

first_imgRelatedPosts Army releases helplines for Edo election Edo poll: Cleric urges Christians to perform their civil responsibility by voting Edo 2020: Arewa community reaffirms support for Gov. Obaseki’s reelection No fewer than 8,500 athletes are expected to participate in the 20th edition of the National Sports Festival tagged “Edo 2020’’, an official said on Friday in Benin.Mike Itemuagbor, Chairman of the Marketing Sub-Committee of the festival’s Local Organising Committee, disclosed this at a joint meeting of the LOC’s Publicity and Communication and Marketing Sub-Committees.He said the festival scheduled to hold from March 22 to April 1 would see the athletes competing for 3,000 medals from 33 sports.“Athletes from the 36 states and the FCT are expected to participate in the festival, and the events will hold at 22 venues,’’ Itemuagbor said.He then called for synergy between the Publicity and Communication Sub-Committee and the Marketing Sub-Committee.“The Publicity and Communication Sub-Committee should use various platforms to sell the festival to the world,’’ Itemuagbor said, promising that nothing would be left to chance in the bid to ensure the best-organised NSF.He said there was the need to understand that the media and marketing drive sports. “So, we must use our various platforms to propagate the Edo 2020 events,’’The News Agency of Nigeria reports that Edo had hosted the 1981 edition of the festival (then as Bendel) and the 2002 edition. Tags: Beninlast_img read more

Michael Fulmer injury update: Tigers pitcher will have Tommy John surgery

first_imgThis is really bad news for Tigers fans.Right-hander Michael Fulmer, who experienced soreness in his elbow after a recent bullpen session, has been advised, in a second opinion by Dr. James Andrews, to undergo Tommy John surgery, the team announced Tuesday. An update on Michael Fulmer: pic.twitter.com/i01SrPy2iB— Detroit Tigers (@tigers) March 19, 2019The 26-year-old went for a third opinion in hopes of getting a different diagnosis, but he was told the same thing: he needs to go under the knife.”If you go to court for something and you’re sentenced to basically the death penalty, you’re going to want to try to appeal it, right?” Fulmer told reporters. “It’s the worst outcome possible, and I wanted to see another set of eyes just to see if he had any alternative.” Related News MLB reportedly discussing ‘sweeping changes’ to minor league pay, living conditions He is expected to miss all of 2019.The righty underwent ulnar transposition surgery on his elbow in September 2017 and missed the rest of the season.Fulmer then went 3-12 with a 4.69 ERA with the Tigers last season after coming back from the surgery. Before the season-ending surgery in 2017, he was 10-12 with a 3.83 ERA in 164 2/3 innings pitched and was 11-7 in 2016 with a 3.06 ERA.center_img Fulmer was shut down by the Tigers last week to focus on his lower-body mechanics, manager Rod Gardenhire told reporters. He did not say at the time the starter was shut down due to injury, but Fulmer had an MRI exam on the elbow. MLB trade rumors: Padres, Indians still in discussions for Trevor Bauer, Corey Kluberlast_img read more

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