June 12

Homebuyers Scammed During Escrow Process

first_img Community News Make a comment Subscribe Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Public Safety Homebuyers Scammed During Escrow Process Published on Friday, July 10, 2020 | 11:06 am Business News Community News More Cool Stuff Top of the News Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday center_img Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Herbeauty18 Ways To Get Rid Of HiccupsHerbeautyHerbeautyHerbeauty8 Easy Exotic Meals Anyone Can MakeHerbeautyHerbeautyHerbeautyNutritional Strategies To Ease AnxietyHerbeautyHerbeautyHerbeauty5 Things To Avoid If You Want To Have Whiter TeethHerbeautyHerbeautyHerbeautyAmazing Sparks Of On-Screen Chemistry From The 90-sHerbeautyHerbeautyHerbeauty6 Lies You Should Stop Telling Yourself Right NowHerbeautyHerbeauty 27 recommended0 commentsShareShareTweetSharePin it Your email address will not be published. Required fields are marked * Name (required)  Mail (required) (not be published)  Website  Purchasing a home is an exciting time, but homebuyers should be on guard so their down payments and closing costs don’t end up in a criminal’s account.In the Homebuyer Scam, criminals identify potential victims by hacking into the computers of homebuyers, real estate agents and escrow companies. Their goal is to get details of a home purchase that is underway.A fake email is sent to the homebuyer by someone impersonating the real estate agent or escrow company. The email instructs the buyer to wire the down payment and closing costs to the criminal’s bank account.TIPS:• Learn about the closing process from your real estate and escrow company agents and ask for verified phone numbers and email addresses.• Personally verify bank account details for wire transfers with your trusted agents.• Be suspicious of any deviation from previously discussed closing steps, especially bank account changes.• If you are victimized, immediately request that your bank reverse the wire transfer, notify your local police agency and file a complaint with the Federal Bureau of Investigation at www.ic3.gov.For a printable version of this fraud alert, click here.Deputy District Attorney Ryan Tracy explains how the scam works in this video.Follow @LADAOffice on Twitter and Instagram for up-to-date news and use #FraudFriday.About the Los Angeles County District Attorney’s OfficeLos Angeles County District Attorney Jackie Lacey leads the largest local prosecutorial office in the nation. Her staff of nearly 1,000 attorneys, 300 investigators and 800 support staff members is dedicated to protecting our community through the fair and ethical pursuit of justice and the safeguarding of crime victims’ rights. First Heatwave Expected Next Week EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimeslast_img read more

May 18

645,000 bright red poppies to adorn National Mall for Memorial Day Weekend

first_imgiStock/Thinkstock(WASHINGTON) — Poppy flowers will add a huge flash of color to the National Mall this Memorial Day weekend.A pop-up installation of 645,000 red flowers, encased in a translucent structure, were installed Thursday night and will adorn the southwestern side of the Lincoln Memorial Reflecting Pool.The “Poppy Memorial” by the United Services Automobile Association and the National Parks Service is on display near the Lincoln, Korean War and World War II memorials to honor men and women who died while serving in the U.S. military since World War I.Each poppy flower symbolizes a life of a fallen service member and their sacrifice.“The Poppy Memorial visualizes the magnitude of that sacrifice and reminds us all of the price that was paid,” said Retired Vice Admiral John Bird, the automobile association’s senior vice president of military affairs. “We are grateful to the National Park Service for allowing us to display this inspiring and educational exhibit among the permanent monuments, as a testament to the enduring bravery of our men and women in uniform.”The abundance of poppies was inspired by the World War I poem, “In Flanders Field.”A portion of the poem reads, “In Flanders fields the poppies blow / Between the crosses, row on row, / That mark our place, and in the sky, / The larks, still bravely singing, fly, / Scarce heard amid the guns below. / We are the dead; short days ago / We lived, felt dawn, saw sunset glow, / Loved and were loved, and now we lie / In Flanders fields.”The temporary monument stretches 133 feet long and is 8.5 feet tall. Its flowers were provided by the Veterans of Foreign Wars and the American Legion Family.Copyright © 2018, ABC Radio. All rights reserved.last_img read more

January 14

Road Projects on Hold Due to Ebola

first_imgThe tendering of international bid for the feasibility studies on the Ganta to Tapita road project has been put on hold due to the Ebola outbreak in Liberia. The government and its international financiers for the project have agreed that there is a risk that they may not get quality companies bidding if they advertised the project due to the Ebola epidemic. During a meeting in the US aside of the ongoing Annual Meeting of the World Bank Group and International Monetary Fund (IMF), the Liberian delegation led by Finance Minister Amara M. Konneh and development partners announced that the feasibility studies on the Tapita to Fishtown road project has also been delayed due to the Ebola outbreak.China Exim, a Chinese company which signed a memorandum of understanding with the Liberian government for the road, has said it won’t conclude terms or predict cost until the feasibility is undertaken. Finance Minister Amara Konneh has disclosed that China Exim will require 15% up front counterpart financing, but the World Bank has advised the government to ensure engineering standards are maintained and asked that the government requires appropriate safeguards from the Chinese company. At the same time, the World Bank’s transport team on the Redlight to Gbarnga Road told the Liberian delegation that it is working hard to prevent contractors invoking of force majeure. But the team noted that the government of Liberia’s supervising consultant, name not mentioned, left the project first thereby creating a possibility of extra costs.On the other hand, the Liberian delegation made headways in negotiating funding from cross section of bilateral and multilateral institutions to help the government fight the Ebola epidemic and restore the country’s economy.In a meeting with the IMF, the delegation landed US$48 million for Liberia under the Fund’s Extended Credit Facility (ECF). It also sought and received commitment to additional funds, specifically work towards accessing Rapid Credit Facility (RCF) as a bridging option with disbursement in early 2015 for a similar amount as ECF, i.e. 25% of the country’s quota. In light of the travel restrictions placed on staff of the Fund, however, the planning detailed discussions in the context of fiscal year 2015/16 budget, ideally around January or February 2015, possibly in Accra, Ghana. In the meantime, the joint team of the Ministry of Finance and Development Planning (MFDP) and the Central Bank of Liberia (CBL), through an official letter to the Fund has maintained commitment to policy actions under ECF to the extent possible but keeping some focus on maximizing the opportunities under the RCF. The delegate also proposed discussions on a new program to begin from mid next year.  Meanwhile Policy Actions for RCF is proposed around repaying CBL fairly quickly to replenish reserves. Few months ago, the CBL made available US$5 million loan to the government’s Ebola Trust Fund at 1% interest rate to fight the deadly Ebola virus. The issue of the audit surrounding the roads contracts across the country was also discussed, but the government assured the Fund that the audit is ongoing with a push to get it completed soonest.In brief remarks at the meeting with the IMF officials, the Managing Director of the Fund Madam Christine Lagarde suggested more budget support is needed as short-term spending is crucial to keep the economy moving. She acknowledged that running a budget deficit may be a good option. For her part, former Liberian Finance Minister and head of the IMF Africa desk, Dr. Antoinette Sayeh also encouraged the Liberian government to push for grants from partners and more budget support.The delegation also had the opportunity to meet World Bank president Dr. Jim Yong Kim who demonstrated honesty in working Liberia to overcome the Ebola scourge. He encouraged the team not to accept lowered aspirations, but rather ensure that the country pulls all stops to get the required support to help cover its budget gaps and receive optimum support from bilateral and multilateral partners. Dr. Kim promised to champion the cause of the three countries worst hit by the Ebola epidemic. He admonished the donor community not to re-program funds committed to existing programs, but rather provide new funds to fight the epidemic. Prominent among the issues that arose from the meeting with the Bank’s country team, the Bank’s overall commitment of US$400 million made to the region through its crisis window. According to a dispatch from Washington DC, current breakdown would be: Phase I US$105 million including US$52 million for Liberia (grant already disbursed); Phase II will be US$185 million including US$70 million for Liberia; and then US$92 million of budget support. The Bank is currently proposing US$30 million to US$10 million grant and US$20 million credit for Liberia. “We are pushing hard for an increase in the budget support to Liberia, using interventions from the United States State Department and our Executive Director’s office at the Bank, said Finance Minister Amara Konneh. Minister Konneh pointed out that the World Bank’s aim is that US$70 million will be able to wider areas of need during the second phase US$70 million will be able to cover wider areas of need including WASH, essential health, agriculture and social protection.The Liberian delegation also met with Raj Shah of the US Agency for International Development (USAID), who assured that every support will be provided to help stop the transmission of Ebola in the country. During this meeting, the parties discussed and accepted that since only 30-40% of cases will be in ETUs, getting control will depend on community care centres (CCCs) strategy working. But the delegation cited the adequacy of health professionals to staff the CCCs and lack of appropriate logistics capacity to supply the CCCs as major challenges to getting the disease under control. The USAID Administrator was keen to mention, however, that the United States military will not be able to supply all of CCC locations, but could be opened to setting up regional hubs.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more