Police: Embezzled money used for escorts, lawn care, lawyersTuesday, July 19, 2011 @ 10:13PMBCI Financial embezzlement affidavit Arrest warrant affidavit for Watertown resident Joseph DeAngelo, who is accused of embezzling $200,000 from BCI Financial, a Cheshire-based loan company. Police said he used some of the money to pay for escort services, lawn care and attorney fees, police said.
Local teens learn how to spend within their means, investTuesday, July 19, 2011 @ 7:34PMPhotos by Keri Wood - Teenagers at the Elk Grove Teen Center are learning this summer about personal finance and identity theft with the help of local banker Mark Lepp.
Economic downturn factor in student loan default ratesTuesday, July 19, 2011 @ 5:06PMThe data on default rates of student loans doesn't look favorable for Maysville Community and Technical College.
Wells Fargo 2Q profit leaps 30 percent; defaults dropTuesday, July 19, 2011 @ 10:58AMNEW YORK — Wells Fargo & Co. on Tuesday said that its second-quarter profit rose 30 percent, as the number of uncollected loans and credit card bills dropped sharply, enabling the bank to release a big chunk of the money set aside to cover bad lending.
Wells Fargo 2Q Profit Leaps; Defaults DropTuesday, July 19, 2011 @ 10:52AMWells Fargo & Co. reported its second-quarter profit rose 30 percent, boosted by a release of reserves set aside to cover souring loans as its customers continued to improve their loan and credit card payments.