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Colombian Drug Trafficker Arrested in Venezuela

first_imgBy Dialogo May 14, 2013 The alleged Colombian drug trafficker Giraldo de Jesús Escalante Villegas, alias ‘Escalante’ and leader of the gang ‘Los Urabeños’, was arrested on May 10 in western Venezuela, Néstor Reverol, head of the National Anti-Drug Office (ONA), reported. “A Colombian national, head of the Colombian criminal gang ‘Los Urabeños’ and wanted by Interpol under blue notice for drug trafficking, conspiracy and murder, was captured,” Reverol told the state TV station VTV via phone. Interpol’s blue notice – ranked below the red notice of full alert – is an international cooperation warrant to obtain “additional information about the identity of a person, location or activities in connection with a crime,” the international criminal police organization states on its official website. “He was the regional leader of this dangerous gang [‘Los Urabeños’] operating in Colombia. He was captured by ONA and Military Intelligence officials in the city of Barinas, in a joint operation with the Colombian authorities,” Reverol stated. The director of ONA added that the capture of alias ‘Escalante’ came after operations and surveillance activities conducted over the course of two months, under an agreement between the two countries. Venezuela and Colombia have a security cooperation and information exchange agreement that was signed in 2010. According to Colombian daily El Tiempo, the authorities are awaiting the conclusion of the proceedings to enforce the extradition of Escalante Villegas.last_img read more

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Brentwood Man Torched Bed in Roomie Tiff, Cops Say

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A Brentwood man has been accused of locking a his former roommate in a room of a Water Mill home and setting his bed on fire over the summer.Southampton Town Police said Kehare Hawkins filled a shampoo bottle with a flamable liquid and lit on fire using some bandage wrappings at the house on Montauk Highway on the night of Aug. 10, 2012.The 21-year-old suspect, who used to live in the house, “set a fire underneath his own bed, left the room, but then locked his roommate in the bedroom with the fire” following an argument with the victim, police said in a news release.The victim was not injured, but the fire spread to the carpeting.Hawkins was charged with arson. His bail was set at $25,000.Police said he is not a suspect in other open arson investigations on the East End.last_img read more

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LIRR Fare Hike Starts Friday

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A passenger boards a Long Island Rail Road train in Long Beach (Joe Abate).Fares are slated to spike this weekend for Long Island Rail Road commuters, subway straphangers and many bus riders along with drivers who’ll pay higher tolls on most major crossings.The MTA approved the toll and fare increases back in December to fill budget gaps in the nation’s largest transit system with the $450 million added revenue projected to be generated.LIRR fares will jump between 8 and 9 percent Friday, depending on the distance traveled and ticket type. Riders that bought weekly passes this week can still use their tickets Friday.New York City bus and subway base fares will rise Saturday from $2.25 to $2.50, meaning monthly MetroCards will cost 8 percent more at $112.Nassau County’s NICE bus system will keep its cash fares at $2.25, but riders who use MetroCards will pay $2.50 starting Sunday.The Suffolk County Transit bus lines remain $2 on most routes for now, but public hearings are scheduled for next week to consider a proposal to double fares to $4.Tolls are going up Sunday at seven bridges and two tunnels run by the MTA. Drivers who pay with cash will see tolls spike $7.50 from $6.50 versus $5.33 from $4.80 for E-ZPass users.The affected bridges include the Bronx-Whitestone, Throgs Neck, RFK, Verrazano-Narrows, Henry Hudson and Cross Bay and Marine Parkway bridges. Tunnels with toll hikes are the Hugh L. Carey and Queens-Midtown tunnels.For a breakdown of the Metropolitan Transportation Authority’s latest toll and fare increases, click their website.last_img read more

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Does your credit union have the right tools and technology for mortgage lending in 2016?

first_imgThe mortgage news emerging in 2015 was exciting and promising for credit unions. By mid-year, CUNA’s U.S. Credit Union Profile showed a 3.2% increase in first mortgages for the country, while TransUnion reported a 4% rise in credit union originations in the first quarter alone.In a July 2015 article, The Appeal of Credit Union Mortgages, the New York Times reported that credit unions gained a larger share of the mortgage business during the housing crisis, because they kept on lending when big banks pulled back. Now that the environment is changing, not all credit unions are able to keep up with the investment and knowledge required to compete in today’s mortgage origination market. New tools and technologies may be needed.Technology that’s right for the times In the past, a lender would buy a Loan Origination System (LOS) and have all the technology that was needed to manufacture a mortgage. In 2016, credit unions will need technology that’s far more sophisticated to have any chance of producing a loan that is regulatory compliant and saleable. Numerous, separate documents must be merged and tracked. Distinct resources have to be coordinated. Dates must be met, quality assured, insurance certified, documents retained . . . the details are never ending.Handling all the moving parts involved in mortgage originations can be accomplished much more efficiently and reliably with the right technology. For example, many credit unions depend on a mortgage lending solution with a built-in technology platform specifically designed to handle the countless details, deadlines and double-checking.This means that, at no extra cost, the lender can have a system that’s used to originate mortgage loans (including FHA and VA loans), pull credit and score loans, underwrite, close the loans, and even service them if desired. As a bonus, credit unions have the option of using the technology platform to originate compliant loans for their portfolio as well. To compete well in the mortgage market, credit union resources must have cost-effective tools at their disposal to drive the swift, correct completion of sound loans.SummaryA changing U.S. economy, rising interest rates, shifts in consumer confidence and other factors indicate a different lending landscape ahead in 2016. With the right resources at their disposal, all credit unions can be part of a vibrant growth trend in mortgage lending. As you look toward the months ahead, take time now to consider your options and assess the advantages that come with new tools and technologies.Contact QR Lending to learn how we help credit unions run profitable mortgage operations by providing them with highly efficient processes, free technology and their own dedicated Personal Loan Coordinator. 13SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Tom Pisapia Tom Pisapia has more than 30 years of mortgage and investment banking experience. Prior to joining QR Lending, Pisapia worked at CUNA Mutual Mortgage Corporation as the head of lending … Web: www.qrlending.com Detailslast_img read more

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Why don’t marketers do referral marketing?

first_imgIn previous blog posts, and in the results of Demand Metric’s 2016 referral benchmark study we have looked at some of the statistics behind referral marketing—from the power of word-of-mouth to the value of incentives, all the way to ROI. Across the board, these statistics showed that referral marketing programs are extremely beneficial to the businesses that implement them and put the work in to make sure they offer a positive customer experience. Yet, one of the stats we included in that post—from a study conducted by the now-shuttered blog media company GigaOM—indicated that only 39% of marketers were using referral marketing on a regular basis. Demand Metric’s study showed a figure of 59% of marketers using referral marketing, but of those, the majority (81%) were managing it manually in-house. Which often isn’t much better than having no referral program at all.Our question at this statistic was simple: why? Why aren’t more marketers using referral marketing when word-of-mouth is one of the world’s oldest and most dependable drivers of sales and brand awareness? Why are marketers exerting so much effort, spending so much money, and investing so much time in marketing methods that, based on many metrics, are less likely to create valuable customer conversions than referral marketing? And when will the “sea change” come that turns referral marketing into one of the top priorities of marketing departments everywhere? continue reading » 16SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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FHLB – Not only for advances

first_img 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,James Lutter D. James (Jim) Lutter is the Senior Vice President of Trading and Operations at PMA Financial Network and PMA Securities where he oversees PMA Funding, a service of both companies … Web: pmafunding.com Details Liquidity, liquidity, liquidity; it’s one of the central themes of 2018.  As loan growth continues to expand, liquidity has returned to the spotlight.  Securing diversified sources though a well-defined liquidity plan is at the forefront of discussion. Instead of cannibalizing their local markets to raise funding, financial institutions look to institutional/wholesale sources and the FHLB for advances. However, an often overlooked opportunity is utilizing the FHLB to issue Letters of Credit (LOC) for the securitization of political subdivision deposits. Political subdivisions, or public entities, can be a consistent and stable source of deposits. They are funded through sales and property taxes, user fees and state and federal sources. Their funding cycles are consistent and repeated annually, regardless of the economic cycle. However, due to state statues and individual investment policies, balances in excess of the FDIC insured limits must be secured in order for a financial institution to participate in deposit opportunities. As an alternative to pledged securities, FHLB Letters of Credit can provide an efficient and acceptable form of collateralization for public unit deposits. An FHLB LOC provides many benefits over the use of pledged securities. A financial institution can expand its acceptable forms to include LOC’s, and furthermore, it frees up their security portfolio to be utilized for other liquidity needs. As a securitization method, FHLB LOCs are highly customizable; furthering their appeal to financial institutions and political subdivisions. The LOC can be issued on an individual basis or pooled. As a pooled source, the LOC is issued to a money manager/agent who, in turn, monitors the LOC’s usage and underlying deposits. The Letter of Credit amount can be issued as a fixed or a fluctuating balance. Also, to provide further flexibility, the terms on the LOCs can be written to a specific maturity date or incorporate evergreen language. As a form of collateralization, LOCs provide more flexibility and convenience than pledged securities. Perhaps the greatest advantage is the lack of need to monitor market values as the LOC is a direct obligation of the FHLB, and therefore is not subject to market fluctuations. Although there are many benefits to using an FHLB LOC, it is important to also examine concerns. Perhaps the largest drawback from utilizing an LOC is that it limits your ability to borrow from the FHLB. Also, LOCs are limited to certain types of depositors, but can be a great tool in seeking out political subdivision depositors. Letters of Credit are a highly customizable tool used to streamline and attract public unit depositors. By reducing the need to encumber securities, financial institutions can free up liquid assets to improve their liquidity ratios and mitigate the need to monitor market value fluctuations. As a securitization method, LOCs are a great option and can provide diversification from FHLB advances in your funding mix.Co-Author: Todd A. Terrazaslast_img read more

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Technology takes unit to new level

first_imgThe luxe unit at 5601 Ephraim Island, Paradise Point.As the sun peeks over the horizon, the external blinds of this Paradise Point residence automatically open, to a view of the mountains and the sea from the kitchen.The scenery doesn’t stop there, with the marina and Surfers Paradise visible through ceiling high windows and vast opening stacker doors. The secure complex is also pet friendly. Mrs Green said security was paramount with small children, and the prestige property in the exclusive island community fit the bill. It’s also in close proximity to secluded beaches.“We’re only moving because we decided to build on a block of land at Paradise Waters,” Mrs Green said.The property is being marketed by Rebecca Moffrey and Barbara Posch of Lucy Cole Prestige Properties. More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North2 hours agoNew apartments released at idyllic retirement community Samford Grove Presented by High tech and high up.The penthouse is equipped with the high tech C-Bus home system, meaning control is at your fingertips. “You can set different scenes with the blinds and lighting to suit different times,” said vendor Joanne Green.The luxe touches continue throughout the renovated abode, with Sydney blue gum and black butt border parquetry flooring , a fire place and a bath tub overlooking the water.center_img The blinds are remote controlled for ease of use.last_img read more

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Drink Kubuli and enjoy cricket!

first_imgRoseau, Dominica, April 5, 2012–The perfect match will bowl off today between Dominica Vibes (DA Vibes) and Dominica Brewery. DA Vibes and Dominica Brewery & Beverages Ltd. (DBBL), manufacturers of Kubuli Beer and Loubiere Spring Water,are on the team for West Indies cricket.They have teamed up in an exciting promotion that will captivate the minds of a wide cross-section of Kubuli-drinking and cricket-loving people and help them to win tickets to the Third Digicel Test. Effective April 5, 2012, persons are invited to submit interesting photos of themselves or with their friends, drinking Kubuli Beer.Photos can be sent to davibes@cwdom.dm and must be accompanied by the full name(s), address(es) and contact number(s) of the person(s) submitting the photo. If submitted as a group, the maximum number of persons in the photo should be five as each person will win a ticket to cricket on the day of their choice. Photos submitted will be posted on the facebook pages of Dominica Vibes and Kubuli Beer to allow the public to get in on the action.The public will then vote by “liking” the photo(s) of their choice. A total of 20 daily tickets will be given away during this promotion. The ten individual photos and sixgroup photosreceiving the most “likes” on facebook will be judged by a panel and 20 persons will emerge as winners.Jasmine Hamilton, DBBL’s Sales & Marketing Assistant, says the Kubuli team is excited about this promotion. “We are thrilled that DA Vibes came up with this promotion because Kubuli and cricket go hand-in-hand and this is the perfect way to get people involved. We’re the official beer of the Test and we value our loyal customers, and want to reward them for consuming our products by giving them an opportunity to win tickets. We encourage persons to take photos of themselves drinking Kubuli, wherever they are, and submit their pics,” said Mrs. Hamilton.DA Vibes’ Creative Team said, “With cellular technology, almost everybody has a camera in their hands so it’s not about professional photography, it’s about people having fun and enjoying the beer that they love to drink; the more fascinating the location, the better. We thought it would be the perfect match to team up with Kubuli Beer since it’s the official beer of the Test, to give more persons a chance to win cricket tickets.”Persons must be 18 years and over to participate. The promotion runs up to April 18 and winners will be announced on April 19. Kubuli and Loubiere are the official beer and water for the Third Digicel Test, scheduled for the Windsor Park Stadium in Dominica from April 23-27, 2012. 78 Views   no discussions EntertainmentLocalNews Drink Kubuli and enjoy cricket! by: – April 5, 2012 Share Sharecenter_img Sharing is caring! Share Tweetlast_img read more

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American sentenced to 16 years in Russia over spying charges

first_imgIn this Aug. 23, 2019, file photo, Paul Whelan, a former U.S. marine who was arrested for alleged spying in Moscow on Dec. 28, 2018, stands in a cage as he waits for a hearing in a court room in Moscow, Russia. AFP Speaking after the verdict, U.S. Ambassador John Sullivan denounced the secret trial in which no evidence was produced as an egregious violation of human rights and international legal norms. He described Whelan’s conviction as a mockery of justice and demanded his immediate release. (AP) Whelan, who was arrested in Moscow in December 2018, has insisted on his innocence, saying he was set up. The Moscow City Court read out the conviction of Paul Whelan on charges of espionage and sentenced him to 16 years in a maximum security prison colony. The trial was held behind closed doors. MOSCOW – A Russian court on Monday sentenced an American businessman to 16 years in prison on spying charges, a sentence that he and his brother rejected as being political.last_img read more

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James “Jim” Ronald Keillor, 76

first_imgJames “Jim” Ronald Keillor, 76 of Greensburg, passed away on Sunday, August 16, 2020. Jim was born in Batesville on May 3, 1944, the son of Ronald and Wanda (Gibson) Keillor. He was a 1962 graduate of Greensburg High School.Jim worked as a Supervisor at PrintPak for nearly 30 years and then was the owner of Koch’s Carry Out and Catering for 25 years. He was a member of the Knights of Columbus, and enjoyed watching sports, cooking and going out to eat.Survivors include his son – Kyle (Annette Brouwer) Keillor of Lansing, MI; two brothers – Randy Keillor of Greensburg and Tom (Julie) Keillor of Greensburg; one sister – Lynda Keillor of Greensburg; his former wife Robyn Renee Keillor; and several nieces, nephews and friends. He was preceded in death by his parents and one sister Nancy Keillor.A Rosary will be held for the family followed by a Funeral Service officiated by Fr. John Meyer on Wednesday afternoon. Visitation for family and friends will follow from 4pm – 7pm at the Gilliland-Howe Funeral Home. Memorial contributions may be made to the American Lung Association. Online condolences may be made to the family at www.gilliland-howe.com.last_img read more

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