Today, Malgorzata Karas-Golka, also known as "Margaret," 46, of Newington, pleaded guilty to one count of bank fraud related to the scheme and, on Nov. 3, Carmelinda Marotta, also known as "Linda," 45, of Manchester, pleaded guilty to bank fraud, as well. According to court documents and statements made in court, from approximately June 2005 to July 2010, Filippos Milios, Karas-Golka, Marotta and others conspired to defraud banks and mortgage lenders in obtaining dozens of mortgages for the sale of properties owned by Milios, Karas-Golka and others.
Washington Trust Bancorp is eager to dip its toe in the water when it comes to Fairfield County, Conn., but the company is reluctant to take a full plunge into that booming market. The $3.4 billion company, based in Westerly, R.I., opened a mortgage lending office in Darien less than a month ago, prompting speculation that the move would pave the way for more branches or an acquisition.
Westby is a Thomaston lawyer and former Marine who opposes Connecticut's new gun law, would scrap the Common Core education standards and says the office of state attorney general has become a meddling, anti-business operation that needs to be reined in. "One of the things I want to do to make the state more business friendly, and that means an attorney general's office that isn't out to get them," Westby said.
Peter Lumaj, the Republican and Independent Party nominee for Connecticut Secretary of the State, called on Secretary Denise Merrill this evening to publicly condemn Democratic State Representative Victor Cuevas for his involvement in the latest corruption and voter fraud scandal to hit the Capitol - Cuevas is accused of both mortgage fraud as well as voter fraud. An Affidavit of Complaint filed with the SEEC on October 8th, 2014 alleges that Representative Cuevas served in the General Assembly representing Waterbury's 75th district, while maintaining his primary residence in Bristol.
State Rep. Elissa Wright is a forceful advocate for families and consumers. At the height of the sub-prime mortgage crisis, she helped enact pro-consumer legislation to combat unscrupulous lending practices and protect homeowners caught in the grip of a stumbling economy.
Three-term state Rep. Fred Camillo has received reelection endorsements from three state organizations including the Connecticut Realtors and the AFSCME Council 15. In its endorsement, Council 15 of the American Federation of State, County and Municipal Employees wrote, "It is our firm belief that your election to the State Legislature is in the best interests of the residents of Connecticut as well as our thousands of members who serve as sworn police officers throughout the State."
Today, Wednesday, November 26, 2014, 4 minutes ago
Perhaps we should focus upon entirely new ideas and models instead of repairing financial structures and infrastructures that have failed the industrialized world miserably in the past decade or two. So, when prodded by colleagues I keep envisioning an economic rebound which actually accrues to the benefit of American taxpayers.
Today, Wednesday, November 26, 2014, 5 minutes ago
There's been a lot of talk of late that there are glimmers of hope in the American economy. Since President Obama's economic stimulus package was enacted and the Federal Reserve and the Treasury Department both announced plans to buy up distressed assets and backstop mortgage-backed securities, the financial markets seemed to have steadied themselves.
Today, Wednesday, November 26, 2014, 7 minutes ago
It's hard to resist being gleeful at seeing Wall Street swindler Bernard Madoff get the maximum sentence - 150 years in prison - for bilking investors out of anywhere between $65 billion and $171 billion. Because many of the people whom Madoff ripped off were more renowned than, say, the millions who lost their homes in the subprime mortgage debacle, he has gotten far more attention than he deserves.
Today, Wednesday, November 26, 2014, 16 minutes ago
Bitter cold settled across Portage County on Nov. 18, when temperatures were in the low teens in the morning and high teens in the mid-afternoon. Several feet of lake-effect snow paralyzed the Buffalo area Nov. 18, forcing state troopers on snowmobiles to deliver blankets to stranded motorists on the New York State Thruway.