“The so-called Sons and Daughters Program was nothing more than bribery by another name,” -Assistant Attorney General Caldwell. Today the Department of Justice issued a Press Release – JP Morgan’s Investment Bank in Hong Kong has agreed to pay a $72 Million Penalty for Corrupt Hiring Scheme in China. Yikes. A couple of thoughts: 1.Continue reading “Big Bank Troubles and Trending Towards Community Banking or Fintech?”
Tag Archives: investment
Michigan Crowdfunding Law Update: Viable Tool for Social Entrepreneurs?
I had a client come in yesterday – a local restaurant owner. A startup business. – quick comment – Gotta love local start up businesses. I love their value in being an active part of a local community – their entrepreneurial spirit – willingness to take risks. – Ok – back to where I was going… One ofContinue reading “Michigan Crowdfunding Law Update: Viable Tool for Social Entrepreneurs?”
Latest Headlines: Fraud and Abuse in Real Estate Investment & Banking
Headline News today – Fraud and abuse in real estate and banking. Today a press release was issued from The Office of the Comptroller of the Currency (OCC) assessing $950 million in fines against three national banks for “unsafe or unsound practices related to their foreign exchange trading businesses.” You can see the press releaseContinue reading “Latest Headlines: Fraud and Abuse in Real Estate Investment & Banking”
Real Estate Investors: Recent Case Law Highlights Certain Pitfalls of Purchasing at Sheriff Sales
Those who pick up properties at sheriff sales know there are pitfalls to watch out for. A recent Michigan Court of Appeals unpublished case highlights one of those pitfalls The case is WW Michigan Properties v Repokis, No. 316555, 2014 WL 4723822 (Mich Ct App September 23, 2014). Facts: Daryl and his ex-wife, Karen Repokis, ownedContinue reading “Real Estate Investors: Recent Case Law Highlights Certain Pitfalls of Purchasing at Sheriff Sales”
Purpose Driven General Counsel 