June 3, 2025

Banks

Crypto

Crypto fraudster sentenced to 10 years in jail

Mfundo Manci pleaded guilty to multiple charges on behalf of himself and his company, Crypto Mzansi Group (PTY) LTD. A 33-year-old cryptocurrency fraudster has been sentenced to ten years for defrauding and misleading clients by promising high returns. Mfundo Manci appeared in the Durban Specialised Commercial Crimes Court on Tuesday, where the sentence was handed

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Mortgage

The 10 Largest VA Mortgage Lenders

VA loans are zero-down mortgages for active service members and veterans that are insured by the Department of Veterans Affairs and funded by private lenders. Created in 1944, the VA loan program has aided more than 24 million families achieve homeownership with flexible qualifications, lower rates, no down payment and no private mortgage insurance. No

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Loans

CT man cashed in on car loans without buying the car

A Connecticut man was sentenced to two years in prison for defrauding multiple credit unions and banks through an auto loan scheme, according to federal authorities. Ronnie Bonner, 64, of Hartford, also was sentenced by U.S. District Judge Stefan R. Underhill in Bridgeport to three years of supervised release. Authorities, citing court documents and statements

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Banking

Banking customer secures rights against auto-finance facility – Business & Finance

LAHORE: A banking customer has secured his right of declaration, rendition of accounts, recovery, damages and injunction against an auto-finance facility from banking court, which had refused to take his case on the plea that it lacks jurisdiction on matters related to tort. According to details, the customer had filed a suit stating that an

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Funds

Tri-State Food Bank hit hard by Trump administration grant cuts

EVANSVILLE — The Tri-State Food Bank has been hit hard by recent cuts at the federal level that eliminated a grant that helped disadvantaged farmers and local communities. The Tri-State Food Bank received a $1.1 million grant in 2024 through the United States Department of Agriculture Local Food Purchase Assistance program. It was the largest

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Crypto

Banks In The USA Should Be Permitted To Own Cryptocurrency

President Donald Trump at the 2024 Bitcoin Conference in Nashville, TN. The Washington Post via Getty Images The world of financial services is always evolving, but recently there are signs of a seismic shift. At the heart of this transformation is the rise of cryptocurrencies. Digital assets like Bitcoin, Ethereum, and a host of others

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Crypto

Why Banks In The U.S. May Be Permitted To Own Cryptocurrency

President Donald Trump at the 2024 Bitcoin Conference in Nashville, TN. The Washington Post via Getty Images The world of financial services is always evolving, but recently there are signs of a seismic shift. At the heart of this transformation is the rise of cryptocurrencies. Digital assets like Bitcoin, Ethereum, and a host of others

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