Financial Reviews

Affinity fraud is always out there. But, in the past few weeks, we’ve seen several cases that show just how widespread and diverse that species of investment fraud is. There was the con man who stole from Division 1 basketball coaches, the crook who defrauded fellow believers in limited government, and the Oregon investment criminal who targeted art lovers. But the character that Colorado authorities have charged with investment fraud is, perhaps, among the lowest of the affinity fraudster breed. According to the Coloradoan.com:

A man accused of defrauding 22 Larimer County investors, gaining trust through Alcoholics Anonymous meetings, pleaded guilty to theft Thursday morning.

His arrest affidavit shows bank records indicating [Richard H.] Mayfield would take thousands of dollars from one investor the same day he would pay another, which is typical of a Ponzi scheme. M

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India is the world’s largest democracy in terms of population. It is home to almost 1.9 billion souls, making it a very tempting developing market for the rest of the world. The Reserve Bank of India has stated that controlling inflation is its top priority. With many of India’s population on the wrong side of the poverty line, rising prices can be an incendiary problem. “Actual inflation so far has been even higher than expected. The recent increase in domestic administered fuel prices and the minimum support price for certain food items will also keep inflation under pressure,” the Reserve Bank said in a statement accompanying the interest rate move.

The current rate of inflation, for June, came in at 9.44%. Fac

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Today world is facing worst ever finical crisis ever and all the people weather belonging to any profession is directly or indirectly suffered from this crisis and many people who are directly suffering from this economic crisis spend much part of their monthly incomes repaying their loans and interests due to very short notice of repayment and this all situation causes frustration. In order to over come such kind of situations there are many solutions like interest only mortgage refinance that allows a person long term payment of loan, at least ten years in simple words long term loan payment.

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This is probably one of the most commonly used books by those who are looking to create wealth. It first came onto the scene in 1926, and shot to fame during the Great Depression as the desperate populace looked for a way out of poverty. While this book does raise many good points and offers a lot of good advice for standard money management, it is important to consider the time in which it was written.

It’s set up as a bunch of fables that all teach a lesson. While this is helpful for some readers, it can be pretty frustrating if you’re just looking for some hard hitting facts. Unfortunately, the morals in the stories are pretty much already well known. Don’t spend what you don’t have, put money aside for your future, and make smart investments.

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As the days draw closer to another school year, shoppers in 16 states can expect sales tax breaks on the purchase of various school-related goods in upcoming weeks, according to CCH, a Wolters Kluwer business and a leading global provider of tax, accounting and audit information, software and services (CCHGroup.com). States holding these “tax holidays” allow back-to-school items such as clothing, footwear, school supplies, computers and certain other products to be purchased free of state sales tax. Local sales taxes may continue to be imposed in some places, however.

“Although many states continue to struggle with enormous budget deficits, they’re often unwilling to eliminate tax holidays,” said Carol Kokinis-Graves, JD, CCH Senior State Tax Analyst. Full article…