CLEVELAND – The former loan manager at Shaker Heights CU was indicted yesterday on fraud charges in connection with the alleged theft of $132,600 from the credit union. From 1998 to 2006, prosecutors say 57-year-old Gregory Zgnoc served as the credit union's sole loan manager. Zgnoc was indicted on one count of aggravated theft by deception, a third degree felony. He was also indicted on three counts of identity theft, also third degree felonies.
The CEO of a Michigan credit union was ousted after an AI-altered photo of her family wearing "Lake America" sweatshirts went viral, drawing criticism from Canadians.
A Senate report found that 84% of 846 sanctioned Iran-linked wallets ran on USDT.
As regulators lower regulatory hurdles, many advisors are seeking greater access to private investments, while asset managers and fintechs are trying to eliminate technical barriers keeping regular investors out.
Private-placement life insurance can offer tax-free growth and alternative investments for ultrawealthy clients, but advisors warn it isn't right for everyone who can afford it.
Betterment Advisor Solutions, formerly Betterment for Advisors and Betterment Institutional, is changing its platform fees into a tiered rate that begins at 0.20% for advisory practices with less than $10 million in the business, Betterment CEO Sarah Levy says.
The guidance reflects a mortgage servicing rights market that has broadly included the customer value in refinancing for over a decade, experts say.
