Using lessons learned from Justin French’s infamous scheme, state and federal authorities have charged a Norfolk developer with an $11 million tax credit fraud.
Arrest made in $11 million tax credit scheme
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.
Trading Day: Inside the SEC filings for 4.19.12
More local banks reveal the pay packages for their top executive, plus some executive shuffling at one of the area’s largest companies.
It’s poaching season
A downtown law firm has lured four lawyers from a larger rival over the past three weeks.
Essex Bank’s $221,000 milestone
A local bank that owes the government more than $1 million finally got the green light to make its first TARP payment in more than a year.
DealFlow: M&A roundup for 4.18.12
A ton of deals this month from Windward Advisors, Matrix Capital Markets, Transact AOCP, Harris Williams, BB&T Capital Markets and a few local small businesses.
Student pitchers get some relief
Five teams made their best pitches Monday in the final round of the University of Richmond’s annual business competition.
Sweet Frog’s newest flavor: Dough
Richmond’s biggest and fastest growing frozen yogurt chain has received an investment from Shockoe Slip-based private equity firm.
West Broad Village gets in a little hot water
A dispute over a water agreement at the area’s biggest mixed-use development has spilled over into the courts.
Local bank exits TARP program
C&F Bank has bought its way out from under the TARP.
One fence is mended, another comes down
A local restaurant has reached an agreement with the owner of an adjacent strip of land the eatery had used for decades as part of its driveway and parking lot.