Plus the first details come out of what assets French might have, and they include $25,000 from a Las Vegas casino.
Julius Everett “Bud” Johnson pleaded guilty in federal court in a suit that charged him with conspiracy to commit mail, wire and bank fraud, and engaging in unlawful monetary transactions.
The former head of one of Richmond’s old guard investment banking firms has filed Chapter 11 bankruptcy, listing millions in debts to creditors that include local banks and some friends.
A Richmond businessman, his associate and several locally-based companies have been fined $37.4 million by the State Corporation Commission for violating Virginia securities laws.
Paragon Commercial Bank, Franklin Federal Savings Bank and Citizens Bank & Trust have petitioned the U.S. Bankruptcy Court in Richmond to place the formerly high-flying developer into bankruptcy.
The city of Richmond is one step closer to offering new financial assistance to private firms doing work in blighted neighborhoods.
CHIP of Greater Richmond has merged with Family Lifeline, creating an abuse-prevention and health services organization with 40 employees and a combined annual budget of $3.5 million.
A proposal to create a new corporate structure has advanced its social-mission message to Senate.
Developer Justin French’s downward spiral finds him facing up to three decades in prison for abusing state and federal tax credit programs.
A local bank got caught up in the middle of a dispute between two business partners and is now on the receiving end of a $1.35 million lawsuit.