DEVCO Has Issues With Hotel Built in 2007

Just a month ago, the Middlesex County Improvement Authority was not able to pay a $1 million principal payment on a $20 million total it got from the Casino Reinvestment Development Authority. Over the course of five years, The Improvement Authority has totaled $7 million in payments that it missed. The loan was used to develop a new hotel and conference center combo called The Heldrich, located in New Brunswick in 2005.
The president of the state Senate, Stephen Sweeney, said that the project is a great example of what can happen when public money is funneled into private companies for big construction projects. The Atlantic City Development Corp. is a sister company of the New Brunswick Development corp and is using them as a model to emulate. The company will use $200 million to develop a new project in Chelsea.

Attorney Chris Paladino is in charge of both operations and personally arranged the Heldrich’s $20 million loan. The $20 CRDA loan is just a part of a larger $100 million loan that was put together to build The Heldrich. Bonds were included in the loan, and were supposed to be paid back. However, only senior bond holders (representing about $30 million) have been paid back in full, plus about 5% interest. Other bondholders haven’t been paid for years now.

John Palmiere, the CRDA Executive Director, said that the payment had not happened but they knew they would be the last to be paid. Apparently, there are positive effects. For example, the hotel employs 235 union workers and pays $1.2 million in taxes for real estate every year.

The funds for the Gateway project in Chelsea are going to be used to build a dorm and campus extension for Stockton University. Apparently, the sale of the tax credits and revenue from the dorms is going to repay the loan.

Devco is based in New Brunswick. It is a development company. It was founded in the 1970’s.

Devco is planning to further its operations nationally. They have managed over $1.6 billion. Their projects are mainly in New Jersey.

This is a recap of an article that originally appeared in Press of Atlantic City

Source: http://www.pressofatlanticcity.com/news/breaking/unpaid-million-crda-loan-raises-questions-about-new-brunswick-devco/article_a03318e2-dcdb-11e5-a563-67611bc7b7bc.html

Exciting New Technology from Securus Technologies Helps Catch Criminals

Securus Technologies’ latest invention, the Investigator Pro 4.0, provides a searchable voice advancement to their program that allows investigators to track particular voices heard through the phone. Unlike past technologies that only recognized telephone numbers, the Investigator Pro 4.0 helps the officer discover potential criminal activity by tracking whether the party was ever an inmate, who in the prison is speaking with them, and whether current inmates are speaking with a released inmate.

Securus Technologies is headquartered in Dallas, Texas and serves millions of inmates, plus thousands of those in the police force. Their goal is to make the world a safer place to live, with tracking programs, incident management, and monitoring products in use in prisons throughout the United States. As technological advancements boom in the modern world, the police force and prison system has not been left in the dust, with new advancements coming through yearly.

Criminal networks are prevalent across the United States, with former and current inmates communicating through the walls of prisons. Investigator Pro 4.0 finally gives those in the criminal justice system a way to uncover these networks and end the criminality once and for all. And this is only the beginning; with the way that technology is increasing, there will surely be even more impressive advancements in criminal justice technology in the next few decades.

 

Don Ressler on Successful Entrepreneurial Partnerships

Don Ressler is a successful entrepreneur. In 2001, one of his firms, Fitnesseaven.com was purchased by Intermix Media. He merged with Intermix COO Adam Goldenberg to establish Alena Media which generated millions of profits and was the core profit center for Intermix organization. Although the team was successful, the media gave the founders, Ressler and Goldenberg the cold shoulder. The two were frustrated because of the media’s negative approach and decided to leave the company.

Since they were highly skilled and they knew it, Ressler and his partner Goldenberg created a brand developing company and recruited former Alena members to join. The two partners held a brainstorming session aimed at sharpening the team members in Adam’s lounging area. The brand building enterprise was reborn fourteen days later. The first product Ressler created was DERMSTORE, an online cosmetics and skin care marketplace. After two years of dealing in the cosmetics industry, Don Ressler launched a weight loss Company named SENNA and hired Dr. Alan Hirsch for product development while appointing Brett Brewer as the chief executive officer for Intermix. Under his leadership, Ressler ensures that Intelligent Beauty does not release its profit statement although it is said that the two new companies, SENNA and DERMSTORE are highly profitable.

In 2008, the company received a donation of $43 million from Technology Crossover Ventures after two years of consistent service delivery. According to Ressler, people are always known for their abilities to spot trends and develop them into industry-leading brands on Huffington Post. His passion for fitness led him and his wife to launch Fabletics brand, sports apparel, in 2013. By leveraging their commerce business model, Fabletics can provide fashion forward athletic wear at half the competitor’s price. The co-founder of Fabletics, Kate Hudson, played a core role in influencing the brand image. JustFab Inc transformed to TechStyle Fashion Group, a leading online fashion retailer that sells handbags, jewelry, denim, and shoes. The history of TechStyle involves Ressler teaming with Adam Goldenberg in 2010 to appoint Kimora Lee Simmons as President and Creative Director in 2011. Under the leadership of Ressler, TechStyle operated under the name of JustFab and received a donation of $33 million from Matrix Partners.

About Ressler’s Mission
Ressler is a successful entrepreneur ranking top in the fashion industry. He is the co-founder of Fabletics, the now JustFab Inc. He is responsible for the millions the company on wikipedia.org bagged over the years according to Hollywood news.

Your Passion is your Driving Force

It takes passion and interest to choose a career path. A career is something you will wake to every morning and sleep late at night after your day’s accomplishments. It is, therefore, crucial that you make the right choice and choose that which you love doing. Making the wrong choice will give you less motivation, and hence you will not go far in the venture.

Jose Manuel Gonzalez contributions
Jose’ Manuel Gonzalez made his chose to venture into the business and entrepreneurial world; he has since risen to great heights all for making the right decision. Graduated with M.A in economics from the Columbian University, Gonzalez has worked tirelessly in a bid to fulfill and make use of his passion in the financial world. His investments may not be quite a thing to talk about, but we can’t evade saying of his advisory roles in the major international organizations and his country as well. His career varies and shifts with the interest at hand from an advisor to bank decision-making, social responsibilities just to mention but a few.

Jose Manuel Gonzalez has made major contributions in the banking world, given that he has acted as the advisor to among others, IMF and World Bank. In 2004 upto2012 he served as a member of the Executive Board of the European Central Bank (ECB), taking part in policy formulation and implementation of monetary and market operations policies. His contributions and love for economics have enabled him to go places and accomplish a lot in his life. Passion is the driving force for any accomplishment, more so in the financial and economic world. Being a leader in international organizations requires a proper evaluation of decisions one makes bearing in mind that they affect the lives of a lot of people in the world. It is his carefully and calculated decisions in economics that have propelled him up the ladder to places he even never thought he would reach.

What’s your motivation? What would make you give up everything in its pursuit? This are questions one ought to answer before making the decision to venture into any business or choosing the career within the right motivation so will you accomplish your dreams and ambitions.

The Career of Danilo Diaz Granados and What He Has Accomplished

Danilo Diaz Granados is an established entrepreneur who owns various businesses Miami, Florida where he is also based. He is recognized for his abundant skills in economics and entrepreneurship, which he gained from the Massachusetts- based, Babson College. Mr. Granados is an advisor to various businesses in Miami, and he once served as an FCP Associate of the Equity Investment Program at its relationships branch. He is the co-founder and owner of the Boys for Toys Boutique and the Glory Film, where he also takes administrative responsibilities.

Mr. Granados joined Fireman Capital Partners in 2015 to works as its associate. The primary responsibilities of the entrepreneur at the company is to research on the newest international aspects that have an effect on investment equity, and they include hedge funds, efficient consumption of energy, and setting up innovative startups. He is also in charge of conducting analysis in various environments to gather information on innovation, social, population issues that affect investors in different types of business, and giving advice to the company’s clients. Most of Danilo’s duties at the company involve research, and therefore, he has earned ample knowledge and experience that make it easy for him to make the correct decision when advising the company’s clients on investments.

Toys for Boys, which is a booming enterprise that is owned by Danilo Diaz Granados, organized an event for Miami’s wealthy people on July 2016. The event had many fantastic activities that aimed at giving the Miami people fun that matches the city’s luxurious lifestyle. The entertaining activities that were at the gig include helicopter riding, Dom Perigon bottles, enjoying excellent cuisine, elite previews, and race track moments. The Toys for Boys boutique was co-founded by Danilo in 2013, and it has been hosting events that aim at entertaining affluent individuals in Miami. Mr. Granados also enjoyed some of the amusing undertakings such as riding a helicopter to the Palm Beach Race Track. He took a few people for breakfast at the One Thousand Museum Sales Center, and they were given a chance to preview one of the leading residential buildings that will be built in Miami.

Helane Morrison gaining your Trust

Helane Morrison began her professional career by practicing law at Howard, Rice, Nemorovski, Canady, Falk & Rabkin from 1986-1996. In this law firm, she was eventually promoted to partner in 1991. Her work here included business litigation, defense of private securities, and SEC matters. Eventually, she moved away from law practice and joined regulatory committees that governed how the financial industry operated.

In 1999, Morrison led the San Francisco Office of the Unite States Securities and Exchange Commission. She was in this position until 2007, where she enforced securities, litigation matters, and regulatory compliance within her jurisdiction. At the peak, she handled the matters of up to five states in the Northwest surrounding California. The most notable cases she handled were fraud cases that involved top executives at major companies such as Google, Hewlett-Packard, NextCard Inc, and HBO. In addition, she exposed the malpractices of an insurance company called American Amicable which served over 50,000 military personnel.

Using her prior experience, Helane eventually moved on to Hall Capital in 2007. Hall Capital is one of the largest advisory firms in San Francisco. In this firm, Helane Morrison holds a position as a member of the company’s Executive Committee and is the Chief Compliance Officer.

Throughout her time in the industry, Helane Morrison has gained in-depth knowledge of what happened following the economic crash of 2008. People began to lose faith in the financial industry because of the way the top executives and leaders of the biggest firms handled their money and the situation at the time. People began taking back the money into their own hands, leading to a stagnant environment.

Helane Morrison has made it her personal mission to fix this issue. She entered into the ring to rescue the public and enforce accountability, integrity, and regulatory compliance. She is sharp, firm and hardworking. She puts her unique skill set to work for her clients by ensuring that they are working with only the most safe firms that she offers. She and her team personally comb through brokerage firms, financial advisers, and mutual fund advisers in order to make sure that they are legitimately concerned with her clients well being.

Overall, Helane Morrison is personally involved in the best financial decisions for her clients. She understands where the industry went wrong eight years ago and is determined to gain back the trust of the public. She dedicates her time to this mission.

Lovaganza To Be Released Across The World In 2020

Slated to begin in 2020, Lovaganza is an ambitious initiative celebrating many of the different cultures, races, and ethnicity around the globe with a “world’s fair” type of tour. Touted as ” A Bohiemian Adventure”, there will be locations for simultaneous celebration in Asia, Oceania, America, Europe, the Middle East, and Africa. The international celebration will run from May to September 2020 and will be promoted starting in 2017 with Bohemian traveling shows emphasizing Lovaganza’s mission and goals.

In close coordination with the traveling show, Lovaganza is currently shooting three cutting edge 3D movies that can be watched without any special glasses. Lovaganza was initially going to be opened in 2015, but the organizers wanted to wait until they could incorporate the new 3D “IMMERSCOPE” filming technology. The series of movies, called “The Lovaganza Convoy” are being shot now in the United States, Spain, and France with plans to resume shooting in other countries soon. This film trio will be shown in traveling pavilions prior to the 2020 start date on YouTube. The goal of the movies is to show all the different cultures of the world and to celebrate diversity.

When Lovaganza starts in 2020, they will be highlighting each country’s culture by having interactive displays, shows, and exhibits for an immersive feeling to the event. The Lovaganza community’s goal is to spread a sense of joy and belonging, and to highlight that humanity is the same regardless of cultural differences. At the end of the four month instillation there will be the first ever “Hands Across The World” ceremony in which event goers can participate.

Lovaganza’s mission is to inspire unity and peace in humanity through entertainment, exhibits, and displays. There are two parts to Lovaganza. Lovaganza Entertainment Franchise provides entertainment meant to enlighten and provide wonder about different cultures and ethnicities through movies, songs, and shows. Next there is The Lovaganza Foundation. The foundation is not for profit and uses the popularity of Lovaganza Entertainment Franchise to help support regional and international peace initiatives with a positive message. The Lovaganza Foundation will officially perform duties starting in 2018.

To find more on the Lovaganza Entertainment Franchise or the Lovaganza Foundation including updates leading to the opening ceremony can be found here.

Learn more about Lovaganza: http://www.euroweeklynews.com/3.0.15/news/on-euro-weekly-news/axarquia-costa-tropical/124030-movie-boost-for-frigiliana

Lovaganza from J-Scott on Vimeo.

Security exchange commission Whistleblower program

The law has introduced new measures to curb vices in securities markets referred by many as the last Wild West. SEC has introduced a whistleblower program that is aimed at providing tips and information to the SEC where the provider of the information is rewarded in turn.

The program is run and administered by a former security and exchange commissions’ enforcement lawyer. People who report misconducts by companies or individuals, which qualify to be a violation of the commodity exchange act, are rewarded for their efforts.

The individuals who give tips are rewarded 10 to 30 percent of the value of the unlawful trades that they help stop. This figure is then converted into money and the tipster compensated the full amount through an investor protection fund.

The program functions with the following modalities.
First, the person giving the tips makes his submission to the SEC. The SEC reviews the files and determines if the matter filed is enough to warrant investigations to the case submitted. These preliminary reviews are conducted by the office of market intelligence.

If the office determines that the matter need more investigations, it assigns the case to one of its regional offices. Subsequently, the office decides that a case does not warrant further investigations. On such scenarios, the case is classified as a no further action. The tipster has the right to appeal the decisions made by the office of market intelligence.

If the case goes through the first stage, it is forwarded to the whistleblower program where it is assigned to an officer responsible for all fraud investigations. The office requires that the whistleblower further offers any information that may be valuable to the investigation.

The whistleblower program is responsible for all paperwork that relates to all fraud cases. The officers also follow up on investigations to make sure all the documents in the case are properly filed and available for review. This is particularly helpful in determining compensation for whistleblowers since all the documents related to a case are available to help in processing the rewards.

Once investigations on a case have been concluded, and the tipster established to have revealed crucial information, he can go ahead to claim the rewards for his good actions by submitting a WB-APP application form.

Having the Right Type of Attorney

There are a lot of reasons for you to hire and begin working with a local SEC Whistleblower Attorney. For a lot of people, having this type of help is important and vital for their own needs. It is nice knowing that there are professionals who are specific to fraud and other issues that you might be dealing with at the current moment. Once you make the decision to hire an expert, you are doing something great for the outcome of your own personal case and this is ideal for all types of people.

Many people have hired the SEC Whistleblower Attorney because of their expertise in this type of problem. This is why a good professional is there for you when you need them the most. Lots of people are wondering what the SEC Whistleblower Attorney is and how this professional can help them or their loved ones. This is why it is so vital that you think about the benefits of hiring the SEC Whistleblower Attorney and having them work on the case that you have open in the future.

When you make the decision to hire SEC Whistleblower Attorney, you are noticing that this is a professional who can help out tremendously and one who will do their very best to get you the work that needs to be done. This is why a lot of people have hired SEC Whistleblower Attorney so that they know they have a much better outcome with the type of case they are going to be going to in court. This is ideal for most people and it also does not have to be expensive.

One of the first things that you will want to do is to contact the lawyer who will be taking your case. They will be the ones who let you know how much it is going to cost in order to get your case taken on by their experts and then it is totally up to you how you make use of the lawyer. This is an expert who can help tremendously with the work needing to be done. There are lots of ways to win a court when this is something you absolutely need to have done for yourself. Make sure to contact the attorney who you are going to be using and see if they can be there to help with the case for you. Learn more: http://www.secwhistlebloweradvocate.com/program/program-overview

Pinpoint A Bear Market With Jim Hunt’s Wealth Wave

Jim Hunt’s Wealth Wave came out through VTA Publications, and it is the best publication for someone to read when they are tired of trying to bet on stocks or investments that will get more valuable. That kind of investment is usually too hard because no one can know if something will get more valuable, but they will be able to see when something is a out to take a dive. The Wealth Wave from Jim Hunt explains what to do once the bear market becomes obvious.

The bear market means that people have to bet against it in the hopes that it will get even worse. An investment that is about to fall apart is going to be easy to bet against if everyone knows that it is going to drop off. The problem is that people might not even know what a bear market looks like until it is too late. No one can bet against something that everyone already made money on because they know it was going to collapse. Wealth Wave explains what a bear market looks like before it actually happens, and then it shows how to bet against something.

Investors are always looking for things they can bet against because they can see it coming, and readers of Wealth Wave from VTA Publications will make a lot of money just betting against one thing. They can do that every time they find the thing that they think is the next piece of bear market fodder, and they just follow the instructions written by Jim Hunt in the Wealth Wave book. It is a pretty simple theory, but people have to do it at the right time. VTA Publications added this book to their roster because that is how they help more people stay productive and wealthy.