Sunday, September 20, 2020

3 Investing Tricks to Double Your Money | Personal Finance | dothaneagle.com

"Step right up! Double your money!" It sounds like a scam or a carnival barker, right? But doubling your money isn't just a pipe dream, or something that only happens over many decades.

Here are three strategies for doubling your money. Ideally, you'll be able to double it -- and then double it again!

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Sure, you can double your money over several decades, but that's if your money is growing at a rather slow rate, such as if it's in a bank savings account, money market account, or certificates of deposit. You can probably do better than that, such as by investing in stocks.

Publisher: Dothan Eagle
Date: 2020-09-20T10:15:00-0500
Author: _____
Twitter: @dothaneagle
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Check out this next:

Austin entrepreneur apologizes to local veterans, refunds money after not following through on

"He was advertising, 'Spend money with me and I will get you major publicity at major TV networks.' ABC, NBC, CBS... he mentioned all these networks by name," Smith said. "So I reached out to him."

Smith showed 6 News correspondence over Facebook messenger where he was told he would have a local TV interview in 30 days or he would get his money back. Smith signed up in June 2019 and showed 6 News the online payment. He never got contacted for an interview. Smith said he also never got his money back. 

Publisher: kcentv.com
Date: 9/21/2020 3:55:33 AM
Twitter: @KCENNews
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By Suitcase and by Wire: How Reza Zarrab Smuggled Russia's Money

About This Investigation: Using the U.S. Freedom of Information Act, OCCRP in 2019 obtained more than 750,000 bank transaction records, previously confidential communications and other documents that were the basis of the U.S. investigation and 2016 prosecution of Reza Zarrab.

Best known for laundering billions of dollars for Iran, notorious gold smuggler Reza Zarrab's ties to Russia received only passing mention when he was prosecuted in the U.S. in 2016.

* * *

A new investigation by OCCRP and Courthouse News Service shows that Russia was central to Zarrab's money network even before he began working for Iran. The lucrative business is evident in thousands of bank transfer records obtained by OCCRP and has been described in interviews by a Zarrab insider who says he smuggled millions of dollars to Russia.

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Date: 2020-09-20T17:43:21 00:00
Twitter: @CourthouseNews
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Amherst town officials map out uses for CARES money | Govt. and Politics | newsadvance.com

An infusion of $381,266 in federal aid money into the Town of Amherst's budget to help government officials tackle expenses and challenges from the coronavirus will restore pay raises for town employees and provide grants for small businesses, among other spending measures.

Amherst Town Council voted during its Sept. 9 meeting to designate a plan for the $381,266 received from the Coronavirus Aid, Relief and Economic Stability (CARES) Act. The town already has spent about $10,000 in expenses related to COVID-19, Interim Town Manager Kimball Payne said.

Publisher: NewsAdvance.com
Date: 2020-09-20T14:00:00-0400
Author: JUSTIN FAULCONER jfaulconer newsadvance com 434 385 5551
Twitter: @newsadvance
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Not to change the topic here:

Bloomberg - Are you a robot?
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Secret documents show how North Korea launders money through U.S. banks

North Korea carried out an elaborate money laundering scheme for years using a string of shell companies and help from Chinese companies, moving money through prominent banks in New York, according to confidential bank documents reviewed by NBC News.

Graham Barrow, a London-based anti-money laundering expert, said those kinds of transactions are "red flags" and are all hallmarks of efforts to conceal the origins of illicit cash.

"Taken as a whole, you have what really, frankly, looks like a concerted attack by the North Koreans to access the U.S. financial system over an extended period of time through multiple different avenues in ways that were fairly sophisticated," said Eric Lorber, a former Treasury Department official who worked on North Korean sanctions during the Trump administration.

Publisher: NBC News
Twitter: @NBCNews
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Pirates trade 3 minor-league pitchers, 2 for international bonus pool money | TribLIVE.com

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We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.

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Publisher: TribLIVE.com
Date: 2020-09-20T16:22:08-04:00
Author: Kevin Gorman
Twitter: @triblive
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EFD requests action to expend CARES Act money

The El Dorado Fire Department received more than $85,000 in coronavirus (COVID-19) relief funds to help cover pay for emergency medical workers and El Dorado City Council said they will need to adjust the city budget to process the payments.

During a Finance Committee meeting Sept. 10, Fire Chief Chad Mosby told council members that the funds came from the Coronavirus Aid, Relief, and Economic Security (CARES) Act, a federal stimulus package that was signed into law in April to prop up the economy during the public health crisis.

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Publisher: El Dorado News Times
Date: 2020-09-20 5:17
Author: Tia Lyons
Twitter: @el_newstimes
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