On the gambling books, Ippei Mizuhara was known by the account number “35966.” Using that handle, Mizuhara made 19,000 illegal wagers with an Orange County bookmaker, averaging 25 bets a day, from $10 to $160,000, indicating the level of his alleged addiction. In one day in October, he made three bets totaling $233,386, authorities said.…
South Africa’s Transnet seeks debt relief from government Reuters Read the original article here
Centrepay is once again in the news, and not for good reasons. This week the Guardian uncovered new examples of the government system being used as a vehicle of financial abuse – Centrepay was diverting money away from people receiving Centrelink payments to energy giants, years after they stopped being power customers. To be clear,…
A TRUCK driver has been given one piece of expert advice that could help him get rid of his crippling debt. After an unexpected breakup, Charlie was left struggling with mortgage payments, car payments, and credit card debt. 2 A truck driver sought out expert advice to try and help with his crippling debt (stock…
Best Debt Consolidation Loans for Fair Credit The Wall Street Journal Read the original article here
HONG KONG – Kaisa Group Holdings on Aug 20 announced an offshore debt restructuring agreement with a key group of bondholders, a step that may help the Chinese developer defend itself against a liquidation petition. The Shenzhen-based company has been working to restructure its offshore debt since defaulting on US$12 billion (S$15.7 billion) in offshore…
The federal government has introduced a new bill to parliament promising to wipe out $3 billion in HECS-HELP debt, however experts are concerned that student debt is unfairly affecting higher education graduates beyond repayments. The proposed legislation, which has now been referred to an inquiry, could save the average graduate $1,200 a year through changes…
Lusix, the lab-grown diamond company founded by Israeli billionaire Benny Landa, has asked an Israeli court for protection from creditors under the country’s insolvency law, according to an article in CTech. The move is meant “to consolidate a debt arrangement and set the company on a new path through a merger with another Israeli [lab-grown…
Kaisa Group has unveiled its long-awaited debt workout plan to avoid a showdown during next month’s liquidation court hearing in Hong Kong, the first time the Shenzhen-based developer is restructuring its finances since defaulting on US$12 billion of offshore bonds in 2021. The developer offered its creditors several payment options, including new notes denominated in…
The impact of gambling marketing House of Lords Library Read the original article here