Michael Schwartz

Michael Schwartz is the editor of Richmond BizSense, and covers banking, lawsuits, finance, M&A and golf. He can be reached at [email protected] or 804-855-1037.

Richmonder’s Ponzi scheme trial underway

Knoxville federal courthouse

A Richmond businessman is on trial this week in Tennessee, more than two years after being accused of running an alleged $7 million Ponzi scheme through several of his local businesses.

Trading Day: Local SEC filings for 10.10.13

A local company sets the date for its shareholders to vote on a major merger. A local REIT keeps gobbling up apartments. And Star Scientific cuts a deal for some of its technology.

Golf course lands in the hands of pros

Independence course

Independence Golf Club was sold last week in a deal that moves the 12-year-old Midlothian course under the wing of a company with decades of experience in the sports management business.

Trading Day: Local SEC filings for 10.3.13

A local REIT buys two more apartment complexes on its path toward an IPO. A big money line of credit for a local firm. And some insiders buying and selling.