News

Michigan Among The Most Debt Per Taxpayers In The Nation

The annual “Financial State of the States” showed that Michigan is among the most debt per taxpayers in the nation, ranking ninth overall. From 2013, that is actually a significant improvement. The Chicago-based group Truth in Accounting released the report and measures the total assets and liabilities of the 50 states. The methodology of the…

Michigan Funeral Home Director Gets 4 Years For $500000 Embezzlement

IONIA – Marti Schrauben, the former director of a Michigan funeral home, is going to jail for up to 4 years after stealing hundreds of thousands of dollars in funeral funds. He was sentenced to 16 months to 4 years in jail on 18 counts in which embezzlement, insurance fraud and racketeering are included. He…

Central Michigan Football Player Charged With Retail Fraud

Former Central Michigan Authorities have offered to decrease charges against a Central Michigan football player if he testifies against a former teammate in a retail fraud case. Last season, Andrew Flory caught 32 passes for 384 yards, ranking him 2nd among the Chippewas. According to a report by the Morning Sun, prosecutors will dismiss one…

State Of Michigan Files Fraud Claims And Racketeering Against Chesapeake Energy

On Thursday, the state of Michigan filed felony racketeering and fraud claims against Chesapeake Energy. It also said that the company canceled a large number of land leases while attempting to lock out competitors for oil and gas rights. Working with the help of leasing agents, the company harmed northern Michigan landowners when it canceled…

Jury Trial Starting For Grand Rapids-Area Man Accused Of $46 Million Investment Scheme

Jury selection is beginning in the trial of David McQueen, a Grand Rapids-area man who is accused of a $46 million investment scheme that left hundreds of people broke. He was a successful insurance salesman who gathered money from investors and invested it with another company that was a fraud. Instead of telling the truth…

Michigan Among Top 10 States With The Highest College Debt

A large numbers of American college seniors are gathering not just their graduation degrees but also student loans of thousands of dollars. A recent study from The Institute for College Access and Success (TICAS) shows that 71% of the class of 2012 graduated with student loan debt increased from 68% in 2008. In the sense…

8-Year-Old Helps Pay Off Student’s Lunch Debt

Recently, a campaign was launched by an 8-year-old kid to assist pay for lunches of students from low-income families, and for this he trounced the heart of people living all around the globe. Donations have increased tenfold since Cayden Taipalus, who is a student of a third grade at Challenger Elementary School, launched a campaign…

Man Convicted In Fraud Scheme Attacks Federal Prosecutor In Court

DETROIT – 46 year old Ronnie Duke , who was convicted in a fraud scheme, attacked a federal prosecutor during a court appearance in Detroit, according to the authorities. In June, he fled after being sentenced to 13 years in jail for his role in a wide-ranging mortgage fraud. On Monday morning, he was taken…