Alvarez the lead defendant in a 35-person indictment filed two decades ago in Los Angeles federal court managed the collection, laundering and distribution of at least $24 million and more than a ton of cocaine, according to the U.S. Attorney s Office. As part of a 1990s sting operation, undercover agents set up shop in a Santa Fe Springs warehouse and posed as money launderers to collect evidence.
Speaking through an interpreter, Alvarez offered apologies to the American population . for the harm I caused consciously on unconsciously to the citizens.
Alvarez s attorney, Anthony Solis, said after the hearing that his client was sincere.
U.S. consumers stuffed more money into bank accounts and paid down their credit cards last month in a signal of how some of the $900 billion in coronavirus pandemic relief enacted at the end of 2020 was put to use as the new year began.
February 06, 2021 COMPUTER-GENERATED payment reference numbers (PRNs) will be required for short-term loan payments starting April 1, 2021, state fund Social Security System (SSS) said.
Billing months to be covered by this system will be from March 2021 and onwards.
The PRN, a system-generated number corresponding to an individual member’s loan billing statement (self-employed, voluntary, Overseas Filipino Worker) or employer, helps facilitate the immediate and correct posting of loan payments to their matching loan accounts.
SSS President and Chief Executive Officer Aurora C. Ignacio said the SSS started to implement the use of PRNs for short-term member loan payments last year as part of the fund’s Real-Time Processing of Loans (RTPL) program. Transactions covered by the system include salary, calamity, emergency, and restructured loans.
South Africans battling with debt as COVID-19 relief measures end - DebtBusters Releasing its debt index for the fourth quarter of 2020 on Thursday, the company said that with the economy in a fragile state, consumers with unsecured loans, or loans not backed by assets were under severe financial pressure. FILE: DebtBusters said that the effect of COVID-19 payment holidays granted by banks had faded, and it was now seeing an overwhelming demand for debt counselling services. Picture: 123rf.com
67 days ago
JOHANNESBURG - Debt counselling company DebtBusters said that it saw a 40% spike in enquiries for its service last month as relief measures to cushion the impact of COVID-19 on consumers came to an end.