- Fast and easy loans come at price for small businesses Updated: Oct-01-15 11:05 am
NEW YORK - It sounded like a sweet deal: A loan broker walked into Southern Girl Desserts offering the Los Angeles bakery a $40,000 loan that could be deposited in a bank account quickly. Already rejected for a loan from a bank, co-owner Catarah Hampshire took the offer and hired more workers to whip up peach cobblers and sweet potato cupcakes.
- Sacramento nonprofit loses funds to alleged embezzlement Updated: Oct-01-15 8:38 am
SACRAMENTO, California - A nonprofit that helps support Sacramento-area musicians with their dreams to hit the stage claims that the organization has lost about $100,000 to embezzlement.
- Vet group hosting Trump lost nonprofit status Updated: Sep-16-15 5:32 pm
WASHINGTON - The Internal Revenue Service revoked the nonprofit status of the veterans benefit organization that hosted and sold tickets to a foreign policy speech by Republican presidential candidate Donald Trump aboard a retired U.S. battleship, The Associated Press has learned. The group's endorsement of Trump at the event also could raise legal problems under campaign finance laws.
- Indictment alleges Minneapolis Community Action embezzlement Updated: Sep-10-15 7:04 pm
ST. PAUL, Minnesota - A federal grand jury has indicted two people related to the now-closed Community Action of Minneapolis on charges related to alleged embezzlement of public grant money.