Florida News Straight From the Source
The Coronavirus Aid, Relief, and Economic Security (CARES) Act, which provides fast and direct economic assistance for consumers and businesses negatively impacted by COVID-19, includes requirements regarding consumer credit reporting. [Read more…] about Industry Compliance Tips: Lenders and Loan Servicers May Be Required to Report Delinquent Loans as Current Under the Requirements of the CARES Act
The Office of Financial Regulation (OFR) today announces its support for Governor Ron DeSantis’ Florida Leads Budget. [Read more…] about Florida Leads Budget Helps OFR Further Mission
The Office of Financial Regulation (OFR) today announced the arrests of Nelson Armondo Garcia and David Aubel (aka David Kost) on charges related to their alleged involvement in a $2.4 million fraudulent investment scheme that victimized at least 12 Florida investors. [Read more…] about Two Men Arrested in $2.4 Million Alleged Fraudulent Investment Scheme
The Office of Financial Regulation (OFR) today announced that applications for the financial technology sandbox innovator license are now being accepted. [Read more…] about OFR Announces New FinTech Sandbox License
As Florida and the nation continue to grapple with the effects of the COVID-19 pandemic, you may be worried about what will happen to your credit reports and scores if your ability to pay your loan obligations has been impacted. [Read more…] about Consumer Alert: Credit Reporting
The license renewal process is open for those licensed with the Florida Office of Financial Regulation (OFR) under Chapters 494, 516, 517, 520, 559, Florida Statutes, and a portion of those licensed under Chapter 560, Florida Statutes. [Read more…] about Industry Alert: Don’t wait to renew your license!
The Florida Office of Financial Regulation (OFR) today announced its calendar year-end accomplishments for 2020, highlighting its support of Florida’s financial services consumers and the financial services industry. [Read more…] about OFR Highlights 2020 Accomplishments
The Florida Office of Financial Regulation (OFR) today announced the Oct. 22 arrest of David Bruce Cohen of Boca Raton on charges of grand theft, organized fraud and money laundering for his alleged involvement in an investment fraud scheme that resulted in approximately $1.5 million in victim losses. [Read more…] about Boca Raton Man Arrested for Role in Alleged $1.5 Million Investment Fraud Scheme Involving Out-of-State Cannabis Dispensary Business
The Florida Office of Financial Regulation (OFR) today announced that Howard Markowitz was sentenced to three years in prison, to be followed by three years of supervised release, for his role in an investment scam. [Read more…] about North Miami Beach Man Sentenced to Three Years in Prison for Defrauding Investors Out of Nearly $2 Million
The Florida Office of Financial Regulation (OFR) today announced that Anthony Robert Greene was arrested and charged with engaging in a scheme to defraud for his alleged role in a cryptocurrency investment scam. [Read more…] about St. Petersburg Man Arrested in Alleged Cryptocurrency Investment Scam
