Three men have been indicted by a New Haven grand jury for operating a scheme that defrauded an Illinois-based company of more than $1.5 million.
As small business owners compile their income tax returns, they may have an unpleasant surprise – some popular business deductions have disappeared or been reduced under the new tax law.
A Colchester woman was indicted with one count of wire fraud stemming from an embezzlement scheme.
A citizen of India residing in Fairfield was sentenced yesterday in New Haven federal court to three years of imprisonment, followed by three years of supervised release for defrauding the state of Connecticut of more than $5.8 million in taxes due on tobacco products imported into the state.
When Boston-based Berkshire Bank’s longtime President and CEO Michael Daly abruptly left the bank at the end of November, a storm of questions followed from the media, analysts and other stakeholders.
Connecticut’s mortgage rates are solidly in the middle of the pack, according to a new state-by-state study of mortgage rates by Lending Tree.
Growing numbers of Democrats in the state legislature are joining their Republican colleagues to support a longtime conservative priority: repealing Connecticut’s inheritance tax.
At a meeting of the Waterbury Regional Chamber Monday, Gov. Ned Lamont announced a proposal to shrink the state’s borrowing by 39 percent, the equivalent of hundreds of millions of dollars annually.
With a new attorney general, Connecticut’s Democratic Senators believe they have a better chance of passing legislation that seeks to limit what employers can say to employees in the workplace.
A former Connecticut mayor has resigned as president of a local Chamber of Commerce after his Facebook post about a group of congresswomen at the State of the Union speech was condemned as misogynistic.
Two bills headed for the state legislature’s Banking Committee are proposing to establish state run banks in Connecticut.
Two credit unions in Hartford are planning to merge.
The Jewett City Savings Bank Foundation recently awarded 34 grants totaling $31,000 to more than two dozen providers of emergency services in the bank’s market area.
The nation’s federal financial watchdog said Wednesday that it plans to abolish most of its critical consumer protections governing payday lenders.
The president of the Greater New Britain Chamber of Commerce has been put on leave for a misogynistic posting on Facebook made during President Donald Trump’s State of the Union address.
In 2018 alone, there were more banking and finance regulatory changes than there were business days in the year. Pamela Perdue and her regtech company Continuity are there to help banks and credit unions navigate that morass.
A federal grand jury has indicted a former armored truck driver on charges accusing him of taking more than $900,000 from the vehicle.
A citizen of India has been charged by federal criminal complaint with fraud offenses stemming from an alleged “provisional credit” scheme.
Vincent Jones, 50, of New Haven, pleaded guilty last week in Bridgeport federal court to one count of bank robbery.