State Treasurer’s office showcases national documentary on investment fraud

first_imgThe Vermont State Treasurer’s Office is hosting screenings of a new national documentary, “Tricks of the Trade: Outsmarting Investment Fraud” at several theaters across the state. Vermont is the first state in the nation to screen the hour-long documentary. All screenings are free and open to the public. The documentary is scheduled to play on October 8 in St. Johnsbury at the Star Theatre; October 15 in Rutland at the Plaza Movieplex 9; and October 20 at the Savoy Theatre in Montpelier. The documentary also will be shown on October 27 at the Zampieri State Office Building in Burlington. All showings are at 11:30 a.m.        “It’s estimated that Americans lost trillions of dollars in retirement savings through the downturn in the stock market,” said State Treasurer Jeb Spaulding. “Unfortunately, such losses make people more vulnerable to investment scams. I’m pleased my office could sponsor showings of this new documentary to help build awareness among Vermonters of how to avoid falling victim to investment fraud.”        The documentary was produced by the FINRA Investor Education Foundation. FINRA, the Financial Industry Regulatory Authority, is the largest independent securities regulator in the country. The FINRA Foundation is underwriting the screenings of the documentary. Through stories of investment fraud victims and criminals convicted of fraud, the documentary shows how people can take steps to avoid becoming a victim.        “Working with the movie theatre schedules, we picked the 11:30 a.m. showing to make it possible for people to watch the movie on their lunch break,” said Spaulding. “We hope that those people who can’t attend will visit our web site for a link to additional information on avoiding investment fraud.”        The Treasurer’s Office web site is located at www.VermontTreasurer.gov(link is external).          FINRA foundation-funded research unveiled in July 2006 shattered the stereotype of an investment fraud victim as being financially uninformed, isolated and gullible. The prime target for investment fraud scam artists is an individual who:Is self-reliant when it comes to making decisions;Is optimistic;Has above-average financial knowledge;Has above-average income;Is college-educated;Has experienced a recent health or financial setback; and isOpen to listening to new ideas or sales pitches.        The movie screening is part of the Treasurer’s Office outreach efforts in support of national Save for Retirement Week. A retirement specialist from the Treasurer’s Office will be available to answer questions from members of the State of Vermont pension plans for teachers, State, and municipal employees. Free retirement planning materials and fraud prevention information also will be available. A State securities investigator from the Vermont Department of Banking, Insurance, Securities and Health Care Administration will be present to answer questions about specific fraud concerns.        FINRA Foundation; the State Treasurer’s Office; the Vermont Department of Banking, Insurance, Securities and Health Care Administration; and AARP have launched a statewide campaign to make Vermonters more aware of the growing threat of investment fraud. The FINRA Foundation maintains a web site on investment fraud at www.SaveAndInvest.org(link is external). The FINRA Foundation is underwriting the do        Questions related to the movie events may be directed to the Treasurer’s Office at 1-800-642-3191.Source: Treasurer’s Office. 10.6.2009last_img read more

Merrick Man Killed in Motorcycle Crash

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A 21-year-old Merrick man was killed when he crashed his motorcycle in Bellmore on Thursday night.Nassau County police said Brian P. Sammons was riding a Harley-Davidson southbound on Newbridge Road when he rear-ended a Chevrolet Malibu at the corner of Oak Street at 10:44 p.m.Sammons was thrown from the motorcycle. He was pronounced dead at the scene.Homicide Squad detectives impounded the vehicles and are continuing the investigation but the other driver was not charged.last_img

New Girl Scout badges designed to inspire leadership

first_imgGS Faces TrefoilIndianapolis, In. — Girl Scouts of Central Indiana, along with Girl Scouts of the USA (GSUSA), revealed 30 new badges for girls ages 5–18 to address some of society’s most pressing needs such as cybersecurity, environmental advocacy, mechanical engineering, robotics, computer science, and space exploration. Girl Scouts worked with top organizations like the Cyber Innovation Center, the Leave No Trace Center for Outdoor Ethics and the Museum of Science to design the most cutting-edge programming available to girls.“Girl Scouts are learning how to proactively address some of the foremost challenges of today while also building skills like confidence and perseverance that will set them up for a lifetime of leadership,” said Girl Scouts of Central Indiana’s Chief Executive Officer Danielle Shockey. “Most importantly, Girl Scouts offers girls a sense of belonging and a place to find their voice.”Girls in grades 6–12 can now earn badges in:Environmental Stewardship (funded by the Elliott Wildlife Values Project) focuses on environmental advocacy. Girls prepare for outdoor experiences and take action on environmental issues.College Knowledge for Girl Scouts in grades 11 and 12 is the first badge completely dedicated to college exploration showing girls how to research the admissions process, financial aid, and other factors.Think Like a Programmer Journey (funded by Raytheon) provides a strong foundation in computational thinking.Think Like an Engineer Journey prepares girls to pursue careers in fields such as cybersecurity, computer science, and robotics.Girls in grades K–5 can now earn badges in:Environmental Stewardship (funded by the Elliott Wildlife Values Project) encourages girls to respect the outdoors and take action to protect the natural world.Cybersecurity (funded by Palo Alto Networks) introduces girls to online safety and privacy principles, information on how the internet works, and how to spot and investigate cybercrime.  Space Science (funded by NASA’s Science Mission Directorate and led by the SETI Institute) enables girls to channel their inner NASA scientist as they learn about objects in space and how astronomers conduct investigations.Mechanical Engineering for Girl Scout Juniors, encourages girls to design paddle boats, cranes, and balloon-powered cars, learning about buoyancy, potential and kinetic energy, machines, and jet propulsion.last_img read more

Chelsea wins appeal against Disciplinary Committee ruling

first_imgThe GFA Appeal’s Committee have ruled in favor of Berekum Chelsea in their appeal against the Disciplinary Committee’s ruling which saw them forfeit all matches they played in since February 4. The Disciplinary Committee on Friday 20 March, 2015 declared Chelsea losers of all their matches played after February 4 until they settle their indebtedness to WAFA in respect of Solomon Asante’s transfer fees. Chelsea then filed an appeal against the ruling. And in its ruling delivered on Thursday 16th April, 2015, the Appeal’s Committee decided that:DECISION:1. This is an appeal against the decision of the Disciplinary Committee (DC) dated the 20th March, 2015 2. The respondents lodged a protest before the DC on the 2nd March, 2015 after their 1st Capital Plus Premier 9th Week League match with the appellants played at the Berekum Golden City park on 25th February, 2015 praying for the appellants to be declared as having forfeited the match for their failure to pay a debt in the sum of US$59,722.23 to West African Football Academy (WAFA) arising from the transfer of player Solomon Asante to TP Mazembe of DR Congo within fourteen(14) days as ordered by the Player Status Committee(PSC) on 1st February, 2014. The said match ended in a 1-1 draw.3. According to the respondents, following the appellants’’ failure to pay the debt in terms of the PSC’s ruling, the General Secretary of the GFA, per a letter dated 14th January, 2015 gave the appellants an ultimatum of fourteen (14) days within which to pay WAFA the said amount failing which the appeallants would be deemed to have acted in violation of the General Regulations of the Ghana Football Association (GFA).4. The appellants in their defence, admitted to the non-payment of the debt but indicated that they had entered into an agreement on payment terms of the debt with WAFA who were satisfied with that arrangement and consequently WAFA had never deemed it necessary to complain about the default in payment if the debt. 5. The said protest was initiated under article 34(1)(i) of the GFA General regulations which provision was found by the DC to have repealed at the time of the filing of the protest.6. Accordingly, the DC in determining the matter, first considered, and rightly so, the propriety of the protest having been brought under a repeated provision of the General Regulations and decided as follows: “The first issue that engaged the attention of this Committee was the regulation under which Kumasi Asante Kotoko, the Petitioner had brought the instant protest before the Committee. The Petitioner rather shockingly brought its Protest under Article 34(1)(L) of the General Regulations of the Ghana Football Association, which was repealed by the GFA Congress on December 30, 2014. The First Amendment to the GFA General Regulations is amended by its acknowledged this as follows: “Article 34(1)(L) of the General Regulations is amended by its deletion as follows: ARTICLE 34 (1)(L) is hereby deleted The Committee found this very disturbing but will reserve further comments on it. The Committee therefore, holds that the Protest brought before it by Kumasi Asante Kotoko is frivolous in respect of a repealed regulation and shall fail.7. It is our considered view that the DC having expressly decided that the protest failed in this respect ought to have dismissed the protest because it lacked the requisite jurisdiction to deal with the merits of the protest. Indeed, the DC acted ultra vires its powers or mandate in proceeding to determine the matter on its merits when it had ruled that the protest was not properly brought before it.8. Consequently, it is our opinion that the determination of the matter on its merits and the consequential orders made by the DC were a nullity and we hereby so declare.9. Accordingly, the appeal succeeds and the decision of the DC is hereby set aside. 10. Having so decided, we accordingly decline to make any determination or comment on the merits of the instant appeal.11. No costs is awarded      –last_img read more

ASA Welcomes Rep Mike Conaway as House Agriculture Committee Chairman

first_imgThe members of the House Republican Steering Committee announced this week that Rep. Mike Conaway, who represents the Permian Basin in West Central Texas, will become the chairman of the House Committee on Agriculture. Rep. Conaway succeeds current Chairman Frank Lucas of Oklahoma, and will assume the gavel at the start of the 114th Congress. American Soybean Association First Vice President Wade Cowan, who farms in Brownfield, Texas, just north of Rep. Conaway’s district, offered ASA’s congratulations to the incoming Chairman.”Rep. Conaway has a proven track record of representing farmers not only in West Central Texas, but across the country, and he will make a fine chairman,” said Cowan. “As chair of the Agricultural Subcommittee on General Farm Commodities and Risk Management, Rep. Conaway exhibited fluent understanding of the complex issues that shape the nation’s farm program, and how those issues can impact soybean farmers in the field. With this understanding, we are confident that soybean farmer issues will continue to be well represented within the Committee, and we look forward to working with him and his able staff.”Cowan also noted the contributions of outgoing Chairman Lucas, with whom ASA worked to pass the 2014 Farm Bill.”Soybean farmers owe a great deal of our success on farm policy issues to Chairman Lucas’ leadership,” said Cowan. “Under his watch, Chairman Lucas helped to shepherd a farm bill that ASA worked very hard to pass for the benefit of American farmers and consumers alike.  But that’s only one dimension of his impact. Our farmers are better equipped to address volatile market conditions, growing international competition and the generational drought that has devastated Texas, Oklahoma, and many other states in recent years. We wish Chairman Lucas all the best, and look forward to working with him as an influential member of the committee.”last_img read more