Affinity Bank Cease And Desist Order








In its cease-and-desist order, North Carolina described Profitable Sunrise as “an immediate and significant danger” that is using multiple investment schemes to attract money, including a purported “Long Haul” plan. The offer is being targeted at ... A credit union used by a North Carolina-based Profitable Sunrise investor blocked at least one transaction directed toward the Czech bank, citing suspicions of fraud, according to the order. Marshall`s investigators noted that& ... affinity bank cease and desist order It`s the first deadline set out in a cease and desist order the bank received in April from the Federal Deposit Insurance Corp. and the California Department of Financial Institutions demanding that Affinity Bank increase its capital ratios.
... of the Cascades, Bend, Oregon; the $1.9 billion Citizens First Savings Bank, Port Huron, Michigan; and two bankers` banks – Midwest Independent Bank in Missouri and Nebraska Bankers` Bank. All three deletions from the list were because of failure including Affinity Bank, Mainstreet Bank, and Bradford Bank. Lastly, the OTS issued a Prompt Corrective Action order against Vantus Bank, Sioux City, Iowa, which was already operating under a Cease & Desist order.
Walter Clarence Busby Jr., a figure in the AdSurfDaily Ponzi scheme in 2008 and a companion fraud scheme known as Golden Panda Ad Builder, was implicated by the SEC in three prime-bank swindles in the 1990s. “The cease-and desist-<wbr>order alleges that Hanson sold unregistered securities and committed securities fraud by failing to disclose material information to investors,” Carnahan`s office said. “According to the order, Hanson assured investors that their& ...
In its cease-and-desist order, North Carolina described Profitable Sunrise as “an immediate and significant danger” that is using multiple investment schemes to attract money, including a purported “Long Haul” plan. The offer is being targeted at ... A credit union used by a North Carolina-based Profitable Sunrise investor blocked at least one transaction directed toward the Czech bank, citing suspicions of fraud, according to the order. Marshall`s investigators noted that& ...
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