Feds claim Wake Forest man spent investor money on a yacht, jet and Bahamas property

New charges have been filed against a Wake Forest investment advisor, accused of improperly using investor money for luxuries such as a 104-foot Derecktor Motor Yacht, a Beechcraft BE-400 jet plane and a 15.8-acre property in the Bahamas.......»»

The company just spent millions on a warehouse in Sanford, its 10th property acquisition in North Carolina in less than two years......»»

‘I am concerned that if something happened, her sisters might try to claim it as family property and say I’m not entitled to it.’Ï.....»»

‘If he contributed to any part of the mortgage payments, could he claim he contributed to the (increased) value of the property, asking for money if/when it is sold?’.....»»

All counted, the investor and his partners have spent $4.26 million purchasing commercial real estate around Saratoga County in the past seven months......»»

A clip of two reporters repeating a false claim that Bloomberg could have given every American $1 million for the amount he spent on his failed presidential campaign has gone viral on Twitter. If Bloomberg did divide his $5.....»»

An active out-of-state investor that recently spent millions on commercial space in Troy has purchased yet another local property......»»

San Jose real estate developer and Opportunity Zone investor Urban Catalyst spent $2.8 million to buy a quarter-acre property on West San Carlos Street, just blocks away from the planned Google campus coming to downtown San Jose......»»

In a fresh twist in the Justice Department’s case against Rep. Duncan Hunter, prosecutors claim that his alleged misuse of campaign funds included spending on intimate relationships with women who worked as lobbyists or congressional staffers......»»

There are 503 people in Jacksonville who can claim more than $10,000 free of charge, while almost 595,000 in Jacksonville can claim a portion of more than $75 million. The money is held by the Florida Unclaimed Property Division and is the accumu.....»»

Washington's political rancor is rippling across the nation's real estate industry, as the recent federal shutdown has delayed a plan to unleash trillions in property investment in the country's biggest cities and most impoverished communities. Specif.....»»

With property values soaring in many areas, a small but growing number of homebuyers are trying something different: asking an outside investor put down money alongside them......»»

R_Pilguj/Shutterstock A yacht costs a lot more than the price its owner bought it for. There are additional expenses, like y.....»»

The market turbulence in Turkey has "clearly weighed" on investor appetite for emerging market assets, with outflows of $1......»»

CNBC3 men charged in $364 million Ponzi scheme blew investor money on cars, diamonds, casinos, feds sayCNBCThe Securi.....»»

SoftBank Group Corp. has spent at least half of its nearly $100 billion Vision Fund in less than two years, increasing the pressure on the world’s biggest technology investor to raise more money if it wants to maintain that pace......»»

SoftBank has spent at least half of its nearly $100 billion Vision Fund in less than two years, increasing the pressure to raise more money if the world’s biggest tech investor wants to maintain that pace......»»

People who haven’t yet filed their 2020 return may get some money from the IRS. The money in question isn’t ... Read more.....»»

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, but the index remained in the “Fear” zone on Friday. U.S. stocks settled higher on Friday, with the S&P 500 recording its best week since No.....»»

A secluded log cabin near Ely and BWCA has recently gone to market for $1.15 million. It was custom built in 2007 and comes with over 8 acres of lakefront property on Clear Lake, a short drive from Eagles Nest Township and Bear Island State Forest......»»