This stuff is vile and will make you cringe.
Rumor has it Stephanie Burke is about to hand all of the insurance for Medford over to suspicious Maiocco in a despicable "quid pro quo" when she got the reprobate's endorsement.
SEC charges RI economic agency, Wells Fargo with fraud in 38 ...
The Providence Journal-Mar 7, 2016
The SEC alleges "RIEDC and Wells Fargo knew that 38 Studios needed an additional $25 million to fund the project" but didn't inform investors ...
Ugly stuff.
Another day, another few ugly stories on Wells Fargo
SEC sues Wells Fargo and Rhode Island for game loan disaster
Engadget-Mar 8, 2016
Wells Fargo
and Rhode Island state have been charged with fraud by the U.S.
Securities and Exchange Commission (SEC) for their part in the ...
Curt Schilling's Errant Pitch Hits Wells Fargo
TheStreet.com-17 hours ago
TheStreet.com-17 hours ago
Explore in depth (268 more articles)
Advisor Wins $1.7M from Wells Fargo for Wrongful Termination
On Wall Street-10 hours ago
An arbitration panel awarded an ex-advisor more than $1.7 million from Wells Fargo for wrongful termination and other misconduct. At the same ...
Uncle Bob makes crooked Sheriff Jim DiPaola look like a benevolent man by comparison.
http://medfordinformationcentral.blogspot.com/2013/12/bob-maiocco-should-give-money-back.html
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SEC charges RI economic agency, Wells Fargo with fraud in 38 Studios
- The SEC alleges "RIEDC and Wells Fargo knew that 38 Studios needed an additional $25 million to fund the project" but didn't inform investors.
http://www.providencejournal.com/news/20160307/sec-charges-ri-economic-agency-wells-fargo-with-fraud-in-38-studios
DO YOU WANT DIRTY BOB MAIOCCO AND FILTHY WELLS FARGO TOUCHING ANYTHING TO DO WITH THE CITY OF MEDFORD, MASSACHUSETTS?
However, the SEC complaint outlines that the bond-offering document produced by the EDC and Wells Fargo failed to disclose to investors that 38 Studios had conveyed that it needed at least $75 million to produce the massive online multiplayer game it was producing. Therefore, the SEC alleges, investors weren’t fully informed that the company would run short of money and could not develop the game – nicknamed “Copernicus” -- without additional financing.
The company worked to attract more financing in 2012, but collapsed into bankruptcy when it could not.
http://medfordinformationcentral.blogspot.com/2013/12/bob-maiocco-should-give-money-back.html
