In conjunction with National Senior Citizens Day on Wednesday, the New York Department of State’s Division of Consumer Protection is circulating a series of tips that aim to help older adults avoid financial scams and exploitation. One way that bad actors may try to take advantage of older Americans is through reverse mortgages. “Not all
Today’s transfers cover deeds recorded with the Cayuga County Clerk’s Office from July 22 through July 25: • SARG Property Holdings LLC, 3875 Mandy Rue, Auburn, to Samuel J. Kriever, 11 Seneca Parkway, Auburn, property at 11 Seneca Parkway, $130,000. Assessment $133,700. • Bethany J. Viscuso, 62 Lansing St., Auburn, to David Janes, 150 Washington St.,
The Texan city of Dallas has exploded into a financial boomtown with major corporations flocking to the southern city. The downtown skyline has changed dramatically in recent times with Goldman Sachs, Wells Fargo and Charles Schwab now commanding serious real estate in the city. Investors and financiers who moved to Dallas from the East and
Sen. Amy Klobuchar, one of the most senior Democrats eligible to replace Sen. Bob Menendez, D-N.J., on the Finance Committee is not interested in pursuing the seat, according to a source familiar with her thinking. Menendez on Tuesday informed Gov. Phil Murphy, D-N.J., and his Senate colleagues that he would resign from the chamber next month
The National Rifle Association’s former finance czar, Wilson “Woody” Phillips, has been banned for a decade from managing money for any nonprofit company in New York, the state’s attorney general said Tuesday. Phillips agreed to the ban in May, three months after a jury found him liable in a scheme to have the influential gun rights organization
New York state’s new public-campaign-funding scheme couldn’t be more ripe for fraud and abuse. In the lead-up to the June 25 primaries, the state’s Public Campaign Finance Board doled out more than $8.6 million in matching-fund payments to 69 state legislative candidates — with no real guardrails to prevent shady candidates from ripping off the
New York Attorney General Leticia James has filed a lawsuit against crypto platform NovaTechFx. The lawsuit claims the company defrauded thousands, targeting immigrant and religious communities. Founder and “Reverend CEO” Cynthia Petion called her investors a “cult,” the lawsuit says. It was once one of the fastest-growing financial platforms on the market. Now, the New
The all-cash deal is back in vogue for homebuyers, a shift that favors the wealthy. Luxury housing markets in New York and Florida are boasting near record-high shares of transactions paid in cash, according to first quarter data from real estate appraisal and consulting firm Miller Samuel Inc. That represents a sharp reversal from more
FILE – Sen. Majority Leader Chuck Schumer, D-N.Y., talks after a policy luncheon on Capitol Hill Wednesday, May 1, 2024, in Washington. Schumer announced Sunday, May 5, a $400 million increase in federal funding that will be available for security in houses of worship. Places like mosques and synagogues can apply to use the money
Billions in Inflation Reduction Act funding is about to supercharge home energy improvements for American households. An electrician installs a residential heat pump Energy Innovation A diverse group of twelve Red and Blue states are tapping into their share of nearly $9 billion in federal Home Energy Rebates to fund energy efficiency, electrification upgrades, and