The bankrupt former head of a Richmond investment firm is facing federal criminal charges more than a year after admitting he lied to several banks about his wealth to keep borrowing money.
Allen Ferguson charged with fraud
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.
Monday Q&A: Timing is everything
In the year since Tony Ammendolia opened Original Gravity, a home brewing supply shop on Lakeside Avenue, the local craft beer scene has taken off.
Trading Day: Inside local SEC filings for 11.1.12
A local REIT’s New York broker is in hot water with the feds. Earnings season dividends are issued at several local companies. Plus plenty of trades by local insiders.
Sweet Frog goes ‘Gangnam Style’
A local frozen yogurt brand whose growth has seemed almost viral is hoping for the same success for its new online video.
Bank gives up on stalled development
Colonial Virginia Bank decides not to ride out the storm at New Kent Courthouse Village, a 21-acre mixed-use development that has been in and out of bankruptcy and foreclosure.
Finance veteran trades on experience
Dan Cardani is helping a Memphis firm expand into Richmond and hoping to give local investment bankers a run for their money.
Potty politics
Potty politics: A Lakeside resident has made it pretty clear who he/she will be voting for next week.
A hole in two
Members of two local golf clubs are close to a deal to purchase a Chesterfield course from its Canadian owner and merge it with a nearby country club.
Foreclosure factory shuts down
A law firm that became entangled in an investment scam and several federal lawsuits over foreclosure processing has closed its Richmond office.
Trading Day: Inside local SEC filings for 10.25.12
A local bank names its new CFO and reveals her pay package. One of Richmond’s biggest companies announces a major closure, while another reveals an overseas acquisition. And a veteran of the medical industry is the newest member of a local board.