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OFR Issues Administrative Complaint in Woodbridge Case

Posted on April 30, 2018

Woodbridge Investors Encouraged to Come Forward

The Florida Office of Financial Regulation today announced that an administrative complaint has been filed against 10 unregistered firms and individuals, who offered and sold unregistered securities of Woodbridge Capital Investments, Inc., and other associated companies, while not registered as required by Chapter 517, Florida Statutes.

Commissioner Drew J. Breakspear said, “The Florida Office of Financial Regulation is committed to protecting Floridians from financial crime. Illegal financial activity will not be tolerated, and we will continue fighting for victims. Thank you to our investigators and our state and federal partners who are working to move this case forward.”

In its first wave of actions, the agency’s administrative complaint alleges that the named sales agents and companies violated the Florida Securities and Investor Protection Act by unlawfully offering unregistered securities for sale to Floridians. The agency further alleges that more than 3,300 violations took place. The sales agents are accused of having sold investments offered by Woodbridge to more than 800 Florida victims, who collectively invested more than $100 million.

Investments in Woodbridge First Position Commercial Mortgages were touted as very safe and promised interest rates as high as six percent to investors. However, in a separate civil complaint filed by the Securities and Exchange Commission in December 2017, they alleged that most of the investors’ money was used to pay commissions to sales agents, to pay interest to already existing investors and to pay the personal expenses of the company’s president.

This investigation is ongoing. The Florida Office of Financial Regulation sent a questionnaire in November 2017 to more than 800 Floridians believed to be Woodbridge investors. Investors are encouraged to return the completed questionnaire as soon as possible, if you have not already done so. Additionally, any Woodbridge investor who has not received a questionnaire should contact the Florida Office of Financial Regulation at (850) 487-9687.

The administrative complaint has been issued against:

  • Barry Kornfeld and Ferne Kornfeld, of Parkland, FEK Enterprises, Inc., dba First Financial Tax Group operating in Boca Raton and Boynton Beach;
  • Lynnette Robbins and Knowles Systems Inc., of The Villages;
  • Albert Klager and Atlantic Insurance & Financial Services, Inc., of Vero Beach;
  • Andrew Costa and Costa Financial Insurance, Inc., of Fort Lauderdale; and
  • James Gilchrist of Fort Pierce.
Read the administrative complaint here. 

Filed Under: Featured Tagged With: Administrative Complaint, Florida Office of Financial Regulation

Commissioner Adam Putnam Warns Floridians of Increased Wildfire Activity

Posted on April 30, 2018

Florida Commissioner of Agriculture Adam H. Putnam and the Florida Forest Service are urging the public to be careful with fire and all potential heat sources due to increased wildfire danger levels in South Florida and throughout the state. Last week, 56 wildfires burned 3,780 acres, including the 600-acre Micco Shrub Fire that shut down I-95 for several hours due to smoke and low visibility.

“Our wildland firefighters will likely battle a steady increase of wildfires in the coming weeks as the dry and windy conditions continue,” said Commissioner of Agriculture Adam H. Putnam. “Citizens can do their part by keeping preventable human-caused wildfires at bay and preparing their families and homes for wildfire.”

Since January, approximately 1,325 wildfires have burned 74,427 acres in Florida. Motorists in wildfire-affected areas should exercise extreme caution. To access real-time prescribed burn and wildfire conditions, Floridians can download the “FLBurnTools” app in Apple’s App Store or on Google Play.

“When citizens are careful with fire, they are doing more than just protecting themselves and their property,” said Jim Karels, State Forester and Director of the Florida Forest Service. “They are helping to protect the lives of Florida’s wildland firefighters and first responders.”

The Florida Forest Service urges residents to be cautious and to remember the following:

  • Develop and implement a family wildfire action plan;
  • Call 911 or a local Florida Forest Service field unit office immediately in the event of a wildfire;
  • Obey Florida’s outdoor burning laws;
  • Never burn on windy days;
  • Always keep a water source and suppression tools on hand when burning yard debris;
  • Never leave an outdoor fire or hot grill unattended; and
  • Avoid parking vehicles on dry grass.

The Florida Forest Service, a division of the Florida Department of Agriculture and Consumer Services, manages more than 1 million acres of state forests and provides forest management assistance on more than 17 million acres of private and community forests. The Florida Forest Service is also responsible for protecting homes, forestland and natural resources from the devastating effects of wildfire on more than 26 million acres. Learn more at FloridaForestService.com.

Filed Under: Featured Tagged With: Commissioner Adam Putnam, florida department of agriculture and consumer services, Florida Forest Service, Wildfire Activity

Miami man turns $5 into $500,000 playing GOLD RUSH DOUBLER Scratch-Off game

Posted on April 30, 2018

The Florida Lottery announces that Armando Acuña, 26, of Miami, claimed a $500,000 top prize in the $500,000 GOLD RUSH DOUBLER Scratch-Off game at Florida Lottery Headquarters in Tallahassee. He purchased his winning ticket from Downtown Market Store, located at 241 East Flagler Street in Miami.

The $5 Scratch-Off game, $500,000 GOLD RUSH DOUBLER, features more than $182.8 million in prizes, including 44 top prizes of $500,000. The game’s overall odds of winning are one-in-4.23.

Scratch-Offs are an important part of the Lottery’s portfolio of games, generating more than $784 million for the Educational Enhancement Trust Fund (EETF) in FY 2016-17, and comprising approximately 68 percent of ticket sales.

Filed Under: Featured Tagged With: florida lottery, GOLD RUSH DOUBLER, Scratch-Off Game

RoadWatch Advisory for US 441 N over Taylor Creek Bridge in Okeechobee County

Posted on April 30, 2018

OKEECHOBEE COUNTY

North Parrott Avenue (US 441 North) Over Taylor Creek:  Construction project: Work is underway to remove and replace a portion of the bridge over Taylor Creek. Additional improvements include removal and replacement of guardrail, pavement markings, and installation of pile jackets, which are stay-in-place forms that are installed around the bridge supports and filled with concrete. During construction, we ask motorists and pedestrians to use caution in this area and watch for crews working close to the roadway. Motorists should expect periodic lane closures as part of the construction process. Estimated project completion is summer 2018. The contractor is Cone & Graham, Inc.

  • Parrott Avenue (US 441) full bridge closure – from 7 p.m., Friday,   May 11, to 7 a.m., Monday, May 14. The bridge over Taylor Creek will be closed at this time so please follow posted detour signs.
  • Upon completion of the detour, lane closures on US 441 will occur overnight from 7 p.m. to 7 a.m. throughout the duration of the project, weather permitting. Please drive safely and watch for construction crews in the work zone.

Filed Under: Featured Tagged With: FDOT, RoadWatch Advisory, Taylor Creek Bridge, US 441

UT Education Program Receives Accreditation Renewal, Strong Marks on Teacher Preparation

Posted on April 30, 2018

Under a new and more rigorous teacher preparation evaluation system, The University of Tampa recently renewed its accreditation from the Florida Department of Education (FDOE).

The FDOE recently began the new accreditation system in conjunction with Teacher Prep Inspection-US (TPI-US), which reviews teacher preparation programs to determine how the programs can expand their promising practices and address areas of improvement.

In March, UT’s Department of Education underwent a weeklong inspection that included observation of faculty and students teaching, interviews with stakeholders, analysis of all documentations, and evaluations of work samples and students’ work.

[Read more…] about UT Education Program Receives Accreditation Renewal, Strong Marks on Teacher Preparation

Filed Under: Education, Featured Tagged With: Accreditation Renewal, Education Program, University of Tampa

Traffic Shift on John Young Parkway at Sand Lake Road in Orange County

Posted on April 30, 2018

Drivers will encounter a traffic shift this week on John Young Parkway between Florida’s Turnpike and Commodity Circle/South Park Circle. Traffic will be shifted to the newly constructed outside lanes (see map below).

Because of the shift, the right turn lane from eastbound Sand Lake Road to southbound John Young Parkway will be open. In addition, the northernmost driveway to the Walmart shopping center will be re-opened.

The purpose of this traffic shift is to allow the contractor to work on the new “flyover” bridge for John Young Parkway over Sand Lake Road.

The work is part of a Florida Department of Transportation (FDOT) project to widen and reconstruct State Road (S.R.) 482/Sand Lake Road from west of International Drive to east of Florida’s Turnpike.

Motorists are asked to use extra caution while driving in the area and be aware of the wider turning movements and relocated roadway markings (e.g., stop bars and pedestrian crosswalks) at the intersection.

Please note construction schedules may change due to weather or other unforeseen circumstances.

Media inquiries should be directed to the FDOT Communications Office at 386-943-5479 or [email protected].

Filed Under: Featured Tagged With: FDOT, John Young Parkway, Orange County, Sand Lake Road, Traffic Shift

Volunteer Florida Announces Betty Mulligan as the 2018 Florida Volunteer of the Year

Posted on April 30, 2018

Volunteer Florida, the Governor’s lead agency for volunteerism and national service in the state, is proud to announce Betty Mulligan as the 2018 Florida Volunteer of the Year. After 35 years of teaching, Betty dedicated her retirement to developing a free tutoring program in Martin County, allowing students to expand their vocabulary and improve their reading comprehension skills.

“Betty exemplifies selfless volunteerism and community service,” said Vivian Myrtetus, CEO of Volunteer Florida. “Her passion for literacy and her commitment to sharing it with an impressionable, influential generation of students is unparalleled in Florida and essential to the state’s continued success.”

Since 2017, Betty has worked with United Way of Martin County to enlist more than 80 tutors from the Retired and Senior Volunteer Program (RSVP). RSVP, part of Senior Corps, is one of the largest volunteer networks in the nation for people 55 and older. In Martin County, these volunteers provide crucial one-on-one attention and instruction to more than 200 students at five different elementary schools every year.

Betty trains the tutors and monitors their hours, as well as the students’ progress and completes necessary paperwork. She ensures the program’s success by administering pre-tests, analyzing the students’ strengths and weaknesses, and creates individual lesson plans and specific goals. To measure results, Betty and her team of volunteers offer a post-test at the end of the school year. In 2015-2016, 92 percent of students in the program achieved or exceeded their goals, becoming fluent and often proficient readers, increasing their overall confidence and self-esteem.

In 2018, Betty plans to advance the program in Martin County by recruiting more than 100 tutors, providing early intervention to younger students and incorporating helpful technology, such as iPads.

Volunteer Florida is the Governor’s lead agency for volunteerism and national service in Florida, administering more than $32 million in federal, state and local funding to deliver high-impact national service and volunteer programs in Florida. Volunteer Florida promotes and encourages volunteerism to meet critical needs across the state, and also serves as Florida’s lead agency for volunteers and donations before, during and after disasters. For more information, please visit volunteerflorida.org. 

The Retired and Senior Volunteer Program (RSVP) engages Americans age 55 and older in a diverse range of volunteer activities. Volunteers tutor children, renovate homes, teach English to immigrants, assist victims of natural disasters, provide independent living services, recruit and manage other volunteers and serve their communities in many other ways. RSVP is a part of Senior Corps, a program administered the Corporation for National and Community Service (CNCS), the federal agency for volunteering, service and civic engagement. CNCS engages millions of Americans in citizen service through its AmeriCorps and Senior Corps programs and leads the nation’s volunteer and service efforts. For more information, visit nationalservice.gov.

Filed Under: Featured Tagged With: Florida Volunteer of the Year, volunteer florida

Ballard Partners Promotes Carol Bracy to Managing Partner of Tallahassee Office

Posted on April 30, 2018

Over half of firm’s senior leadership team are women and minorities

Ballard Partners, the powerhouse lobbying firm in Florida and Washington, D.C., proudly announces the promotion of Carol Bracy to managing partner of the firm’s Tallahassee office. In her new role, Bracy will continue to service clients with senior-level political, strategic and policy direction while overseeing all aspects of the office’s day-to-day operations.

An integral member of the Ballard Partners team for more than 10 years, Bracy most recently served as vice president, providing her government relations expertise to corporate, non-profit and public-sector clients on issues such as appropriations, economic development, emerging technologies, commerce, healthcare, education and regulatory matters.

“Carol has contributed significantly to the overall success of our firm over the last decade, and I am pleased to expand her leadership role in our Tallahassee office,” said Brian Ballard, president of Ballard Partners. “Carol’s promotion also represents our continued commitment to championing diversity and inclusion by ensuring broad diversity across our senior leadership team.”

“The expansion of my role at Ballard Partners is an exciting opportunity. I’m honored to be part of a successful organization that values and recognizes diverse talent and hard work,” said Carol Bracy.

Bracy previously served as chief of staff to former Lieutenant Governor Toni Jennings under the Bush/Jennings Administration and spent a decade representing Florida’s 67 counties as the interim executive director and legislative director for the Florida Association of Counties. In addition to her policy and legislative work, Bracy also serves as an executive board member of the Tallahassee nonprofit, Alzheimer’s Project, Inc.

To learn more about Ballard Partners’ leadership team, click here.

Filed Under: Featured Tagged With: Ballard Partners

Greater amberjack season opens May 1 in Gulf state waters

Posted on April 27, 2018

The greater amberjack recreational season in Gulf state waters will reopen to harvest May 1 and remain open through May 31. The season will reopen again Aug. 1 through Oct. 31.

Greater amberjack is overfished and undergoing overfishing, and the season has closed increasingly early in recent years due to federal quotas being met or exceeded. This new season structure adopted at the Florida Fish and Wildlife Conservation Commission (FWC) meeting in December will optimize recreational fishing opportunities in both the spring and fall while minimizing harvest during the spawning season, helping to rebuild the stock.

For more information on greater amberjack including size and bag limits and other regulations, visit MyFWC.com/Fishing and click on “Saltwater Fishing,” “Recreational Regulations” and “Amberjack.”

Filed Under: Featured Tagged With: Florida Fish and Wildlife Conservation Commission, greater amberjack season, Gulf state waters, MyFWC

Sen. Bill Nelson on rollback of offshore drilling safety rule

Posted on April 27, 2018

The Trump administration today announced a new proposal to roll back several key offshore drilling safety regulations that the Obama administration put in place after the 2010 BP oil spill.

The Department of the Interior’s proposal would rollback significant portions of the “Blowout Preventer Systems and Well Control Rule” that was finalized and put in place in 2016 to address key safety recommendations made after the Deepwater Horizon disaster.

The “well control” rule includes several safety regulations that are now in place to help prevent another massive oil spill from occurring such as: increased design and maintenance standards for blowout preventers, requiring real-time monitoring of deep-water wells and requiring drillers to have a mechanism to properly cutoff a drill pipe if necessary.

Following is a comment from U.S. Sen. Bill Nelson (D-FL), who filed legislation last week to make the “well control” rule law and prevent the administration from rolling it back:  

“This administration wants to turn a blind eye to history just to help their friends in the oil industry,” Nelson said. “We can’t let that happen. These rules were put in place to prevent another massive oil spill off our coasts. We can’t allow this new administration to take us backwards in time and, once again, expose Florida’s beautiful beaches and  tourism-based economy to such an unnecessary risk.”

A copy of the legislation Nelson filed to prevent the rule from being rolled back is available here.

Background article on today’s announcement:

Rules Established After Deepwater Horizon Disaster Face Revisions

By Ted Mann and Tim Puko
Published: April 27, 2018

Federal regulators next week will unveil proposed changes to a major rule passed in the wake of the 2010 Deepwater Horizon disaster, which the Trump administration says it can revise to be less of a burden on offshore oil drillers without compromising safety.

The existing rule—six years in the making and known as the “well-control rule”—was completed in the final year of President Barack Obama’s second term, and governs everything from the use of blowout preventers like the device that failed in the Deepwater Horizon spill, to the amount of pressure drillers must maintain to avoid accidents.

But the rule, the broadest of several completed after the 2010 spill, has been a point of contention with the oil-and-gas industry, which objects to some of the costs of complying with its safety measures and what the industry says is an overly prescriptive approach by the government to regulating oil production.

Among the changes in the proposed rule, which is to be sent Friday for publication next week, are the elimination of a requirement that Bureau of Safety and Environmental Enforcement vet the third-party vendors who inspect offshore oil equipment for safety. The agency will leave in place provisions requiring the use of remote-operated underwater vehicles and real-time monitoring of offshore operations, but will tweak them to make compliance easier for companies.

Still, BSEE officials have backed off some of the changes originally intended for the well-control rule. One change the regulators won’t be making: deleting the word “safe.”

In a draft of the proposed changes submitted to the White House budget office late last year, the BSEE proposed eliminating a requirement that the agency affirm that plans for maintaining pressure in wells as they are drilled were safe. The agency argued in that version that the language was “redundant” and might lead regulators to overreach when deciding whether to approve drilling permits.

Instead, according to agency officials and people familiar with the final proposal, the existing rules will remain in place, while BSEE will ask drillers to submit guidance on how the provision could be changed in the future.

Filed Under: Video Tagged With: offshore drilling, rollback, safety rule, Sen. Bill Nelson

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