Malaysian Financier Jho Low Balks at Plan to Move His Seized $250 Million Yacht

Indonesian officials onboard the luxury yacht 'Equanimity' at Benoa Bay in Bali in Feb. 2018. Photographer: Rully Prasetyo/AFP via Getty Images. Low Taek Jho, the Malaysian financier accused by the U.S. of orchestrating a scheme to siphon $4.5 billion from a government fund, is balking at Justice
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Many small- to medium-sized real estate investors track their investments using Excel spreadsheets, and don't usually have a real-time view of their portfolio's performance, said Heath Silverman, the company's co-founder and CEO. Stessa, a software-as-a-service offering, lets investors add information
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U.S. consumer confidence fell from more than a 17-year high in March amid stock market volatility, but households remained upbeat about labor market conditions, which could help to support consumer spending. The Conference Board said on Tuesday its consumer confidence index dropped 2.3
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Requirements are found in TILA, the Dodd-Frank Act (which amended TILA), as well as the Interagency Appraisal and Evaluation Guidelines, Freddie Mac and Fannie Mae's Appraiser Independence Requirements (AIR) and Appraiser Independence FAQs, and HUD Handbook 4000.1. These sets of
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Americans are growing increasingly confident in the economy and their financial situation, however this is not translating into a more positive view that now is a good time to buy a home, according to the National Association of Realtors' first quarter Housing Opportunities and Market Experience survey.
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More Silicon Valley investors are jumping into one of the most obscure niches in private tech finance: lending money to startup employees to profit from the windfall when the companies go public. New employee loan funds are aiming to raise hundreds of millions of dollars, backed by institutional …
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Roberto Cavalli just started lending. Versace has been lending the past couple of times. Certain names are finally coming around, because they [are starting to] get [her star power]. But we still have a lot more designers who need to become believers.” While the above statement made by Cardi's stylist is
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Four civil rights groups, led by the National Fair Housing Alliance (NFHA), have filed a lawsuit against Facebook Inc. in federal court that accuses the social media giant of encouraging housing discrimination on its advertising platform. The lawsuit alleges that Facebook created pre-populated lists that
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Argo Real Estate illegally deregulated 369 rent-stabilized apartments in the Briarwood neighborhood of Queens, despite receiving a tax break requiring that they be leased at below-market rate rents, according to a new lawsuit. The suit claims that Argo did this to apartments across nine buildings in
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Deutsche Bank AG shares rose in-line with the broader stock market Tuesday after Chairman Paul Achleitner is said to have had talks with a number of … The company's investment banking operation has slumped, while retail banking profitability has weakened as global interest rates collapsed.
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Several fin-tech start-ups in the lending space have raised funds in the recent months. Lending platform Ziploan in October raised $3 million in funding led by Matrix Partners. Eduvanz Financing Pvt Ltd., an education technology start-up that provides loans to students for skill development also raised
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With the debate over encryption on smartphones heating up yet again, one of the most important past controversies in the area needs to be revisited. According to a new report, the FBI could have unlocked the iPhone used by one of the San Bernardino shooters without Apple's help possibly more
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Canada's housing market was a major boon to its economy in 2017, pushing GDP growth upwards until it achieved one of the highest rates in the world. Today, things aren't looking quite so positive. “Canadian competitiveness is deteriorating quickly,” writes RBC Global Asset Management chief
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Real Estate will be on tour this spring, including a just-announced run of Midwest and Northeast dates in June with Brooklyn's Habibi. Those include a stop at Jersey City's White Eagle Hall on June 14. Tickets for that show go on sale Friday, March 30 at 10 AM. Real Estate's last NYC-area show was
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PNC Bank has enhanced its auto lending capabilities with a new product touted as a “seamless end-to-end digital car buying experience.” Called PNC Total Auto Powered by California-based digital automotive marketplace TrueCar (NASDAQ: TRUE), the bank said buyers can use computers, tablets or
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The research lab of Google parent Alphabet is studying how to apply artificial intelligence technologies to improve farming. Astro Teller, the head of the research lab, known as X, said that his staff is “spending more time with farmers” to better learn how cutting-edge technology can help improve crop
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A “sky villa” condo in the recently completed Jade Signature in Sunny Isles Beach sold for $13.3 million. Sunny Isles Beach Associates, an affiliate of Miami-based developer Fortune International Group, sold Unit 5101 in the condo at 16901 Collins Ave. to IJ LLC, a Delaware-registered company with an
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Bill Elliott can almost laugh now about burglars who smashed his car window months ago and made off with an envelope of money he had just gotten from his bank. “What they stole were Euros,” he said. “I was trying to imagine them driving away, imagining they had a big fat envelope of currency, and
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Contractors work on a house under construction at the Lennar Corp. Tree Tops community development in Lancaster, S.C., on Jan. 8. Lennar plans to begin using mortgage-application technology that allows consumers to apply for a mortgage online or on their phone. Photo: Travis Dove/Bloomberg
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LONDON, ON, March 27, 2018 /CNW/ – Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to provide an update on the progress of its 100% owned NICO Cobalt-Gold-Bismuth-Copper Project in Canada (“NICO Project”). The NICO
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