May 2021

Bangko Sentral from the Philippines. (File photo / Philippine Daily Inquirer) MANILA, Philippines — The steady growth of liquidity in the Philippine financial system has once again not translated into the new loans needed to spur…

A Southern California man pleaded not guilty to the charges of securing $ 5 million in federal coronavirus relief loans for bogus businesses, then using the money for a lavish vacation and to buy a Ferrari, a Bentley and a Lamborghini,…

A Southern California man pleaded not guilty to the charges of securing $ 5 million in federal coronavirus relief loans for bogus businesses, then using the money for a lavish vacation and to buy a Ferrari, a Bentley and a…

IRVINE, Calif. (AP) - A man in Southern California has pleaded not guilty to obtaining $ 5 million in federal coronavirus relief loans for bogus businesses, then using the money for a lavish vacation and to buy a Ferrari, Bentley and…

SANTA ANA (CBSLA) - An Irvine name surrendered to federal agents on Friday after allegedly using $ 5 million in fraudulent coronavirus aid loans to buy a Ferrari, Bentley and Lamborghini. (credit: United States Attorney's Office) A…

In October, during the throes of the COVID-19 pandemic and its cascading economic downturns, a major federal financial regulator passed a rule that blesses the “rent-a-bank” program where predatory lenders team up with banks to…

Left to right: 909 Third Avenue, 79 Fifth Avenue, 240 West 37th Street and 27 East 62nd Street (VNO, Cercone Exterior Restoration, Google Maps) Manhattan's 10 biggest home loans on record in April totaled around $ 790 million, less…