WealthManagement.com’s Post

I wrote previously on the civil fraud case involving the same individuals for the enforcement of a US judgment. This new development is the criminal proceeding in Massachusetts for penalties and for monetary restitution. The monetary judgments would need to be brought before the BC courts for recognition, before they become enforceable. https://ow.ly/KLRh50Qu80h #commercialfraud #commercialfraudlawyer #vancouverlawyer

I wrote previously on the civil fraud case involving the same individuals for the enforcement of a US judgment. This new development is the criminal proceeding in Massachusetts for penalties and for monetary restitution. The monetary judgments would need to be brought before the BC courts for recognition, before they become enforceable. https://ow.ly/KLRh50Qu80h #commercialfraud #commercialfraudlawyer #vancouverlawyer

The United States District Court for the Eastern District of Pennsylvania recently dismissed the amended complaint of pro se plaintiff Jibreel Frazier against Equifax Information Services. Frazier claimed that Equifax failed to investigate and correct inaccuracies in his credit report regarding Verizon Wireless and Kickoff Lending LLC accounts, which impacted his creditworthiness and resulted in a denial of credit. See, Frazier v. Equifax Information Services, 2024 U.S. Dist. LEXIS 136122. Despite his efforts, the court found that he did not provide enough details to support his claims. Ask anyone on the #Olympic #champion USA Fencing team, sparring takes practice. Without proper legal representation, successfully handling the complex legal requirements of Fair Credit Reporting Act (#FCRA) violation cases can be challenging. And if you err, fatal to your case. If you face similar issues, seek assistance from Consumer Attorneys PLC and advise your clients, colleagues, friends, and family to do the same. #LegalSupport #ConsumerRights #Consumerprotection #CreditReport

💸 Wells Fargo Class Action: Cash Sweep Program 💸 Wells Fargo is under fire in a new class action lawsuit, accused of exploiting customers by using their cash balances to generate billions in profits while passing on minimal interest. 👉 Head over to our website to learn more about the lawsuit and how it might affect you. #WellsFargo #ClassAction #CashSweep #FinancialNews #ConsumerRights #LegalUpdate #BankingIndustry

Interesting times with many moving parts, no doubt Klaros Group! I'll have to read on to see what Brian Graham contributes to this CNBC article, thank you for sharing - there are many moving parts to this web. At first glance one bullet stood out, also underscoring how on-going rule making and regulations require a some understanding of "the economics of politics and globalized supply chains which impact all industrial & institutional sectors...." as I'll often refer to this in today's modernizing age of our Industrial 4.0 journey [on a global scale/FOMC]. Innovation is always a disruption to something/someone; but we need our [Leaders & Regulators] to navigate wisely [this time], IMO & Deja Vu for me it seems... 🔸️Banks, airlines, pharmaceutical companies and energy firms have found ways to undermine the power of federal agencies, according to legal experts. I'll definitely have to read the rest of this article, it looks insightful!

Trump Prioritizes Presidential Run Over $454 Million New York Fraud Judgment Former President Donald Trump announced he possesses nearly $500 million in liquidity, opting to allocate these funds towards his political campaign rather than settling a $454 million civil fraud judgment in New York. Trump is prepared to challenge the ruling to the Supreme Court if necessary, as New York authorities contemplate asset seizure for non-payment. Amidst efforts to suspend the financial guarantee requirement for his appeal, Trump's financial strategy remains under scrutiny, with no evidence presented to support his claims of available cash. This stance emerges despite legal obligations and business operations, including a loan stipulation to retain $30 million in liquidity. Trump contests the February verdict accusing him of inflating his wealth for financial advantages, emphasizing his innocence. #VeritasMedia #TrumpFraudCase#PresidentialCampaignFunding#SupremeCourtAppeal #CivilFraudJudgment#TrumpWealthClaims#AssetSeizureThreat#PoliticalFundingVsLegalFees#NewYorkLegalBattle#TrumpBusinessObligations#FinancialGuaranteeAppeal#USPresidentialRace#LegalStrategy#TrumpVsNewYork#CampaignFinances#RealEstateDeals #LoanConditions #FinancialStatementsControversy#TrumpLiquidityClaims#Election2024 #TrumpLegalChallenges

Among other noteworthy aspects of this significant development is the emphasis on individual decisionmakers, a theme the CFPB Director has emphasized previously. The “how” of their supervision and enforcement approaches ( and interpretations) will be important to monitor. Boards and senior execs now more than ever need to have a solid understanding of key aspects of their CMS such as change management, risk identification, complaint analysis, and issue management, topics that will be discussed by a variety of experts and practitioners next week in Seattle at #ABARCC.

Read the latest Enforcement Alert from Hudson Cook, LLP attorneys Mark Rooney and Mark Metrey. Click https://lnkd.in/e3uZivQJ to subscribe and receive Enforcement Alerts in your email. #cfpb #debtrelief #consumerprotection #legalupdate

Well, he should have thought of that before he made the judge upset, got in a team of inexperienced lawyers to upset the judge. He was entitled to a fair trail, and the judge was entitled to view his track record as relevant to the case (and his behaviour in court bears out that track record). Trump may not be lying when he said that it was practically impossible because no one wants to post bond for him - without onerous guarantees. Again his track record works against him. From the reading of the various reports, he can uncomfortably pay USD100m; and painfully pay USD450m. But selling in a down market? Based on his own inflated asset values, it will always be a down market when he goes to the market.

Please take a few minutes to read this article about the Virginia law to strengthen reporting of elder financial abuse!