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Man Accused of Draining Nearly $100,000,000 From California Bank in Scheme ‘Designed to Deceive at Every Turn’

A California man is facing federal charges for allegedly defrauding a bank out of nearly $100 million. The U.S. Department of Justice says 44-year-old Mahender Makhijani of Corona del Mar orchestrated a scheme involving manipulated title policies and shell companies. Prosecutors allege he falsified title insurance records, concealed true lien positions and used a network of […]

The Daily HodlThe Daily HodlDaily Hodl Staff15 Jun

137,976 People Warned After Mortgage Lending Firm Breached – Personal and Financial Records at Risk

A California-based mortgage lender is urging its clients to take precautionary measures following a security incident involving the company. In a statement, Plaza Home Mortgage says that an unauthorized party managed to access an employee’s computer on or around February 17th, which allowed threat actors to get hold of the firm’s information systems. Plaza says […]

The Daily HodlThe Daily HodlRhodilee Jean Dolor12 Jun

‘Too Many Red Flags’: Bank of America Analyst Warns Signs That Typically Preceded a Bear Market Are Flashing: Report

A Bank of America strategist is sounding the alarm about the stock market, warning that equities are flashing signals that have often foreshadowed a 20% correction. In an investor note, BofA’s head of US equity and quantitative strategy, Savita Subramanian, urges investors to “take profits,” warning that she’s seeing “too many red flags” in the […]

The Daily HodlThe Daily HodlHenry Kanapi12 Jun