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NEWS
September 29, 2010
Man guilty in fatal stabbing A Camden man was convicted yesterday of killing a girlfriend with whom he had two children. Ernest Lawrence, 29, was arrested for the stabbing death of Jennifer Lane, 19, on Jan. 8, 2008. Prosecutors said he stabbed and slashed her 17 times. He allegedly stabbed himself and then said Lane attacked him. After being released from the hospital he tried to flee to Jamaica but was arrested before he was able to, prosecutors said. He could receive life in prison when he's sentenced Nov. 19. Man shot in Chester bar Two men walked into Bill's Tavern on 3rd Street near Thurlow, Chester, Monday afternoon and opened fire, critically injuring a 35-year-old man, according to police.
BUSINESS
December 20, 2011 | By Harold Brubaker, Inquirer Staff Writer
A Berks County judge ordered six former employees of a jailed mortgage broker to pay restitution of nearly $1.5 million to victims, mostly in Lancaster and Berks Counties, of a $28 million fraud from 2003 through September 2007. But the state Attorney General's Office, which filed the 2008 consumer-protection lawsuit against Wesley A. Snyder and his Berks County companies that resulted in this month's judgment, responded Friday with a posttrial motion asking Common Pleas Court Judge Albert A. Stallone to enter far larger judgments against the employees.
NEWS
September 8, 1989 | By Jim Smith, Daily News Staff Writer
Mortgage broker Ferdinand L. "Frenchy" Risco suggested to a federal judge yesterday that a three-year prison term for swindling 16 poor Philadelphians out of $52,275 would be sufficient punishment for him. U.S. District Judge Louis Pollak agreed. In imposing the sentence, Pollak rejected the prosecution's recommendation for a longer term. The judge also declined to fine Risco, saying that would hinder him from making restitution to his victims. Risco told the judge he'd made "some mistakes," but wasn't "as dangerous or bad" as the prosecutor made him out to be. Assistant U.S. Attorney Tina Williams Gabbrielli said Risco has two prior fraud convictions, had been dodging his taxes for several years, and is "a consummate con artist" who has "lived a life of trickery and deceit.
NEWS
October 18, 2008 | By Allison Steele INQUIRER STAFF WRITER
The state Attorney General's Office has charged seven South Jersey residents with collecting unemployment benefits while they had jobs. They were among 14 people statewide who were indicted on charges of stealing a combined $253,331 from the state's unemployment insurance trust fund between 2001 and 2005. Those indicted on third-degree charges of theft by deception: Michelle Washington of Sicklerville, who the state alleges collected about $15,000 while she was working as the manager of a nursing home in West Windsor, N.J. Washington, 43, is now the manager of the Branch Village section of Camden's housing authority.
REAL_ESTATE
November 6, 1992 | By Kennth R. Harney, SPECIAL TO THE INQUIRER
Home-mortgage refinancers, equity-line borrowers and home buyers and sellers will get important new consumer protections when they apply for a loan beginning next month. The fiscal 1993 federal housing bill, signed into law late last month by President Bush, closes two legal loopholes that have denied some consumers accurate disclosures about mortgage terms. Under the law, a huge segment of the home-finance market - refinancings, home equity loans and lines of credit - will for the first time be subject to federal disclosure and anti-kickback rules.
REAL_ESTATE
July 18, 2010 | By Al Heavens, Inquirer Columnist
An acquaintance told me that he was taking an offer to modify his mortgage, and that changing his loan from a 30-year to a 15-year fixed rate would cost him just $800. I make it a habit not to pry into the financial affairs of friends, but I was astounded by this one's use of the word modify , since it's become synonymous with desperate borrowers. Permanently modifying a loan can forestall foreclosure, which is a good thing. But the downside is it affects your credit detrimentally.
NEWS
July 3, 2005 | By John Shiffman INQUIRER STAFF WRITER
It's a mystery worthy of Hollywood: In February, $4 million suddenly appeared in the checking account of a suspended Philadelphia lawyer. Who wired it? And why? Is it, as Homeland Security officials in Dallas allege, an effort to launder money? Could it be, as a federal prosecutor in Philadelphia suspects, part of some complex international criminal fraud? Or is it, as the lawyer insists, all quite innocent - simply a surprise investment from an old client who wants to help him make major motion pictures?
BUSINESS
April 20, 2010 | By Alan J. Heavens INQUIRER REAL ESTATE WRITER
In the beginning, the six-story, 10-unit condo project at 257-59 N. Second St. was to be called Blu, for the color of its exterior panels. Architect Jay Tackett was hired by 257-59 Development L.L.C., and "they even built a scale model of it and had pictures of what the units would look like," said Realtor/mortgage broker Fred Glick, the original listing agent. But completing the project was a hurdle the developer - hamstrung, observers say, by a general contractor who went out of business midstream - couldn't clear.
REAL_ESTATE
October 14, 1988 | By Robert J. Bruss, Special to The Inquirer
We plan to sell our home next month, and we must get top dollar for it. What suggestions do you have to make our home sell for the highest price, as we can't afford to remodel it before selling? The cheapest and most profitable home improvement is fresh paint. Paint your home inside and outside to make it sparkle. Most homes can be painted for a few hundred dollars if you do it yourself. But the return in extra dollars can be thousands. In addition, your freshly painted home will probably sell much faster than if you don't paint it. The next profitable improvement to make at practically zero cost is to clean up your home and yard.
NEWS
July 2, 2008 | By Mari A. Schaefer INQUIRER STAFF WRITER
A former Bucks County prosecutor who had pleaded guilty to stealing mortgage payments, writing bad checks, and forging a judge's signature was sentenced to prison by a Delaware County Court judge yesterday. Joseph James Scafidi, 53, of Warminster, was sentenced to serve 18 to 36 months in state prison and five years on probation, ordered to pay $42,000 in restitution to the homeowners, and forbidden to work in the mortgage or any other financial business. Scafidi, who was working as a mortgage broker when he was arrested, also pleaded guilty yesterday to new charges, including perjury.
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