SEC: 17,000 investors defrauded in $1.7B Ponzi-like scheme

Feb. 4 (UPI) — The U.S. Securities and Exchange Commission charged investment adviser GPB Capital Holdings as well as three executives and their related entities for running a Ponzi-like scheme that defrauded more than 17,000 retail investors of $1.7 billion.

The SEC charged GPB Capital’s owner and CEO David Gentile; Jeffry Schneider, the owner of GPB Capital’s placement agent Ascendant Capital; and GBP Capital’s former managing partner Jeffrey Lash of using investors’ own funds to pay distributions rather than placing them toward customers’ investments as well as violating whistleblower protection laws.

The complaint alleges that GPB Capital told investors that distribution payments were paid exclusively with funds generated by its portfolio companies when in reality it used investor money to pay portions of the annualized 8% distribution payments.

Additionally, the company also allegedly manipulated financial statements to present the false appearance that the funds’ income was closer to “generating sufficient

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Best Entry-Level Finance Jobs for 2021

Finance can be a fiercely competitive field to break into. After all, it’s a famously high-paying industry known to pay six or seven figures in salaries and bonuses for those at the top. Even those on the bottom rung can expect to start at a good wage compared to other fields.

You may not walk into your dream job right away, but the good news is that finance is a vast industry, so once you’re in, there’s plenty of room to evolve, move around, and find your niche. First, however, you have to get your foot in the (entry-level) door.

A Look At Entry-Level Careers In Finance

Entry-Level Salary

Entry-level finance compensation averages $88,774 a year, according to the job-search website Glassdoor, in January 2021. The National Association of Colleges and Employers’ (NACE) Winter 2020 Salary Survey projects starting paychecks in the finance, insurance, and real estate fields

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The 300 Best Small Business Concepts

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I can promise you that you will get the perfect strategies and ideas obtainable as we speak. You’ll get the exact techniques that I used to construct my companies, together with the one I offered for $40 million. Launching an eBay enterprise allows you reach a nationwide and infrequently a global market. You’ll be able to auction goods or promote at a hard and fast value.

You will need some expertise to get entering into antique refurbishment, but some skills can … Read More

Session Replay, Heat Maps And Form Analytics Combined With Advanced Reporting Instruments

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For the month-to-month retainer, our cost of SEARCH ENGINE OPTIMISATION for ongoing companies is determined by the amount of weblog content that we write and backlink gas that you intend to spend. What does backlink gasoline mean? Backlink gasoline is the amount of cash that you are willing to spend in buying backlinks from excessive authoritative websites reminiscent of Our retainer pricing ensures that you will get to get pleasure from the … Read More

Bill passes to help undocumented college students get financial aid

ROANOKE, Va. – Allowing undocumented residents to pay in-state tuition was a big step, but two new bills could bridge the funding gap to get closer to that cap and gown.

Francesco Yepez says it’s about time. As a former George Mason University college student, offering state financial aid to undocumented students is an opportunity he wishes he had.

“They won’t have to have as many obstacles as I did,” Yepez said.

Unauthorized immigrant families in Virginia pay more than $250 million in taxes, according to a report. Therefore, Dream Project Executive Director Lizzette Arias said, they are entitled to state aid.

“We’ve already invested so much money in these students, it doesn’t make sense to cut their wings right when they are about to fly,” she said.

Roanoke College for years was offering funds to undocumented residents as a private school, but this bill would make them eligible for

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The C-List Landscape Photographer’s Guide to Financial Success

You missed out on that big first wave of Instagram stardom, you jumped on YouTube too late and now your Facebook page’s dwindling audience lives exclusively in Murmansk.

You feel like your landscape photography is as good as (or better than) all these big-name photographers and you just want a slice of the cake. How can you turn your landscape photography skills into dollars?

There’s good news and there’s bad news. The good news is that it is possible to make money from landscape photography, the bad news is that there are a few hoops to jump through along the way. Here is my guide to the best way to maximize your income.

Lightroom Presets

This one’s easy. Everyone’s looking for that shortcut to a winning shot — a quick and simple way of transforming a photograph from the ordinary to the exceptional. Lightroom presets will never do that —

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