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Federal Court Orders Virginia Resident To Pay More Than $5 Million For Futures And Options Fraud Date 14/05/2021 The Commodity Futures Trading Commission announced today that Judge John A. Gibney, Jr., of the U.S. District Court for the Eastern District of Virginia entered a Consent Order for Permanent Injunction, Restitution and Ancillary Equitable Relief against defendant Leonard J. Cipolla finding, among other things, that Cipolla fraudulently solicited individuals to place funds in a commodity pool to trade futures and options while misappropriating more than $5 million of the money he was given to trade. The order requires that Cipolla pay restitution of $5,102,283.51 and imposes permanent trading and registration bans. ....
By Corinne S. Kennedy, Memphis Commercial Appeal Published April 26, 2021 Betty Isom was fast asleep when the fire started. Her grandson woke her up in the early hours of Jan. 1, 2018, alerting her to the blaze, later determined to be an electrical fire. Isom and her family were not able to douse the fire themselves; the pipes in her home had frozen. It had barely gotten to 25 degrees on New Year’s Eve in Memphis, according to weather records. The moments after Isom and her family left the house were chaotic. Isom, who hadn’t even had time to grab shoes on her way out, tried to run back inside to get her car keys so the family could sit in the car to escape the cold. She eventually went to her neighbor’s home, but her family feared she had gone back into the house and told firefighters she might be inside. ....
Today s mortgage and refinance rates: April 26, 2021 | Rates dip If you buy through our links, we may earn money from affiliate partners. Learn more. Mortgage and refinance rates have decreased a little since last Monday. Rates are down more significantly since this time last month. Marvin Loh, Senior Global Macro Strategist at State Street, told Insider he expects mortgage rates to remain fairly steady until at least fall 2021. Popular Articles Mortgage rates heavily rely on the 10-year Treasury yield, Some of the factors that affect the Treasury yield, like inflation and employment, will probably change drastically in the coming months. Loh said the market will need time to determine which shifts are short-term and which are permanent before the 10-year treasury yield increases or decreases. So rates should stay low until the economy stabilizes. ....
Updated 2 hours ago Aaron Strader/NBC10 Boston A person has died after being hit by a train on the MBTA s Orange Line in downtown Boston. Orange Line service was suspended Monday afternoon when the person became trapped under a train at the State Street station, the agency said. Download our mobile app for iOS or Android to get alerts for local breaking news and weather. The MBTA later said the victim had died, adding that foul play was not suspected. Local ....