NORFOLK, Va. - (10/17/05) -- A former assistant superintendentfor Prince George's County schools in suburban Washington, D.C.,was found guilty of five counts of money laundering Friday in amajor drug conspiracy case. Pamela Hoffler-Ridick, 44 faces up to20 years in prison after being convicted of funneling more than$16,000 in proceeds from a multi-million dollar drug ring throughher account at Virginia Educators CU. She claimed she didn't knowthat her then-boyfriend was using her to hide his drug profits.Hoffler-Riddick was one of 40 defendants charged in 'OperationBlowfish,' a ring that federal agents said distributed about $20million in marijuana and cocaine, imported mostly from Mexico tosoutheastern Virginia and other locations between 1996 and 2004.She was once a standout educator in Virginia Beach and in Norfolk,then later in Maryland, where she lost her $138,000-a-year jobafter her arrest last year.
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WesBanco in Wheeling, West Virginia, has hired a team of lenders in South Florida. It plans eventually to open branches in a bid to grab a share of the region's expanding deposit market.
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The criminal cases against these former 30 Under 30 honorees highlight the dangers of prioritizing hypergrowth narratives over proper due diligence.
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Darnell returns to Regions, after fintech-focused stints at Visa and a community bank acquired by Huntington, as the bank accelerates its branch opening plans.
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New York Attorney General Letitia James and 12 of her peers alleged Monday that the personal installment lender surreptitiously adds costs for unwanted products. OneMain denied the claims.
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While it's moving away from embedding transactions in ChatGPT to funneling purchases through third parties, analysts say the artificial intelligence lab's shift doesn't dilute the threat large language models pose to traditional card issuers.
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The Alabama-based regional bank plans to open 135 to 150 branches over the next five years, while closing the same number. Regions' decision to accelerate its timeline by two years comes as large and regional banks try to capture more market share in the Southeast.
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