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The victims were as old as 91 and their losses could add up to nearly $20 million. ...more
October 26, 2009
Gold climbed to a record for a second day in New York and London on mounting concern that currencies will devalue, spurring demand for the precious metal as a preserver of wealth. ...more
October 8, 2009
Authorities say the troubled Indiana money manager who tried to fake his own death in a plane crash to avoid financial ruin bilked about $1 million from friends and relatives as part of an investment scheme that has led to 11 felony charges. ...more
August 23, 2009
Stockpiles of oil are increasing as demand is on the decline. That is what caused a slow and steady decline in pump prices throughout Florida last month, according to AAA Auto Club South. ...more
August 2, 2009
Bank of America Corp. could eventually shrink its 6,100-branch network by about 10 percent as consumers choose other methods of banking, a company spokesman said Tuesday. ...more
July 29, 2009
A court-appointed trustee unraveling Bernard Madoff's massive fraud so far has allotted $231 million from a securities industry fund that compensates victims - a record amount for the fund, but a mere fraction of what was lost. ...more
July 2, 2009
Gov. Charlie Crist has signed a bill designed to strengthen Florida's investor protection law. ...more
July 1, 2009
Clearwater-based aircraft instrument manufacturer Aerosonic Corp. said Thursday it borrowed $800,000 from three investors in exchange for 80,000 shares of Aerosonic stock and warrants to purchase 200,000 more. ...more
May 29, 2009
Regulators have shut down a big bank in Florida saying it had a severe lack of capital and was not in condition to conduct business. ...more
May 21, 2009
Apparently, some people who invested with Sarasota hedge fund manager Arthur Nadel did better than others. ...more
April 17, 2009
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