GALENA NEWS AND BLOG


Latest News - GALENA

Mawson West announces restructuring, CEO steps down


Non executive director Mark Hohnen has also resigned from the board, and will be replaced by a nominee of Galena Private Equity Resources Fund, under the terms of a financing packaged announced back in December. In place of McFadzean, Mawson West's non ...

Miami dean’s list announced


Jacklyn M. Hayes of Powell. • Jennifer N. Henderson of Ostrander. • Ethan W. Hollingsworth of Powell. • Nicole G. Hoyer of Galena. • Kate E. Jones of Powell • Holly N. Klepek of Powell. • Alexis T. Knight of Galena. • Kenna N. Koehler of Powell.

Mawson West Announces Corporate Restructuring


Mark Hohnen, Non-executive Director of Mawson West, has also tendered his resignation from the Board effective 29 January 2015 and will ultimately be replaced by a nominee of Galena Private Equity Resources Fund LP in accordance with the terms of the ...

Paramount Theatre movie Mondays to honor Black History Month


Galena Blvd. in Aurora. Tickets are $1. Concessions are available. Doors open at 6:30 p.m., with the movie starting at 7 p.m. Visit paramountaurora.com. It is sponsored by Waubonsee Community College. On Feb. 2, see the 1997 Steven Spielberg film ...

Lampe woman accused of hitting victim with shovel


GALENA — A Lampe woman is facing a felony assault charge after allegedly hitting a victim with a shovel and attempting to ram the victim’s car with her vehicle. Laura Ann Sweazea, 45, of Lampe, is facing a second-degree assault charge, a class C felony ...

NOAA satellites helped in the rescue of 240 people last year


Most of the incidents involved disabled snowmobiles in the North Slope region, and four people were rescued after their small plane crashed into a lake near Galena. Florida had the second highest number of rescues, with 26. Signals received by the NOAA ...

Police Blotter


He was initially held in the Kent County Detention Center without bail. FTA. Douglas David Roloff, 50, Galena, on Jan. 16, was issued a district court bench warrant for failure to appear in court. He was released after posting $7,500 unsecured bond.

Galena woman sentenced for embezzling $300,000 from employer


SPRINGFIELD — Tammy Dickinson, United States attorney for the Western District of Missouri, announced Jan. 21 that a Galena woman was sentenced in federal court for embezzling more than $300,000 from her employer. 1 Digital subscription $1.00 for 7 days$ ...

Hamlin to run for at-large Galena City Council seat


Hamlin to run for at-large Galena City Council seat Jordan Zabel jordan.zabel@sekvoice.com Cherokee County News-Advocate GALENA – Beau Hamlin has officially filed for the at-large Galena City Council Seat, which will be voted upon at the April 7 election.

BOYS HOOPS: New Caney downs Galena Park, 69-40


Coming off a tough road loss to Humble on Friday, New Caney got back to work on Tuesday at home against Galena Park. Trying to keep pace with Humble, sitting in second place in District 21-5A, the Eagles came out and beat Galena Park by 29 on Tuesday, 69-40.




SPECIAL INFORMATION FOR GALEN

Found Unclaimed Money in GALEN

What Is Unclaimed Money?

If the government owes you money and you do not collect it, then it’s unclaimed. This can also happen with banks, credit unions, pensions, and other sources.

Beware of unclaimed money scams. There are people who pretend to be the government and offer to send you unclaimed money for a fee. Government agencies will not call you about unclaimed money or assets. Learn how to spot these types of scams.

Currently, the government does not have one website for finding unclaimed money by name, Social Security number, or state. To find it, you’ll need to visit each site separately and perform a search.

States’ Unclaimed Money

  • Search by State  – Search your state’s listing of unclaimed funds and property.

Retirement

Taxes

Banking, Investments, and Currency

  • Bank Failures  – Search the Federal Deposit Insurance Corporation (FDIC) for unclaimed funds from failed financial institutions.
  • Credit Union Failures  – Find unclaimed deposits from credit unions.
  • SEC Claims Funds  – The Securities and Exchange Commission (SEC) lists enforcement cases where a company or person owes investors money.
  • Damaged Money  – The Treasury Department will exchange mutilated or damaged U.S. currency.

Mortgages

  • FHA-Insurance Refunds  – If you had an FHA-insured mortgage, you may be eligible for a refund from the Department of Housing and Urban Development (HUD).

Savings Bonds

International

  • Foreign Claims  – U.S. nationals can find money owed to them from foreign governments after loss of property.

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GALENA tspan:3m GALENA




Capital to small businesses and entrepreneurs in GALEN

The U.S. Treasury Department’s State Small Business Credit Initiative (SSBCI) today released a new Quarterly Report detailing how the program continues to help small businesses grow and create jobs. Since the beginning of the program, the Treasury Department has disbursed more than $1.1 billion to participating states.

“Through the State Small Business Credit Initiative, the Treasury Department, states, and private sector lenders and investors are supporting small businesses and creating a lasting impact on the economy,” said Clifton Kellogg, Director of the SSBCI program. “More than $1 billion in State Small Business Credit Initiative funds have been distributed, making a real difference at the local level. Because of these funds, businesses have been able to buy new equipment, expand their facilities, and hire workers.”

Small businesses and entrepreneurs need capital to build their businesses, and SSBCI is designed to help spur new private sector lending or investment in small companies by leveraging private capital along with the federal support offered by the program. Through SSBCI, the Treasury Department will award nearly $1.5 billion to state programs across the country that support small businesses, including small manufacturers. SSBCI funding is not repaid by participating states to the federal government. Instead, to help even more small businesses, repaid loans and investments remain with participating states to be redeployed locally. The SSBCI Quarterly Report shows that as of September 2014, participating states have recycled more than $60 million to support additional investments.

States have made considerable progress in deploying these funds to support economic growth locally. The states that have deployed the most SSBCI funds by percentage of allocation include: North Dakota (Mandan Consortium), Idaho, Arkansas, Colorado, Montana, South Carolina, New Hampshire, Michigan, Kansas, and Alabama. The states that have deployed the most SSBCI funds by dollar amount include: California, Michigan, Florida, Illinois, Alabama, North Carolina, Texas, New York, Ohio, and Georgia.

SSBCI was created when President Obama signed into law the Small Business Jobs Act on September 27, 2010. The Treasury Department awarded allocations to all fifty states by early 2012, based on a formula set by the Small Business Jobs Act that considered population and unemployment levels. Each state designs its own small business programs, and five types of programs are eligible for SSBCI funds: Capital Access Programs, Loan Guarantee Programs, Loan Participation Programs, Collateral Support Programs, and Venture Capital Programs. In the SSBCI 2013 Annual Report business owners reported that more than 95,000 jobs will be created or saved as a direct result of SSBCI support. [23]




Warning in GALEN: Government Grant Scams

“Because you pay your income taxes on time, you have been awarded a free $12,500 government grant! To get your grant, simply give us your checking account information, and we will direct-deposit the grant into your bank account!”

Sometimes, it’s an ad that claims you will qualify to receive a “free grant” to pay for education costs, home repairs, home business expenses, or unpaid bills. Other times, it’s a phone call supposedly from a “government” agency or some other organization with an official sounding name. In either case, the claim is the same: your application for a grant is guaranteed to be accepted, and you’ll never have to pay the money back.

But the Federal Trade Commission (FTC), the nation’s consumer protection agency, says that “money for nothing” grant offers usually are scams, whether you see them in your local paper or a national magazine, or hear about them on the phone.

Some scam artists advertise “free grants” in the classifieds, inviting readers to call a toll-free number for more information. Others are more bold: they call you out of the blue. They lie about where they’re calling from, or they claim legitimacy using an official-sounding name like the “Federal Grants Administration.” They may ask you some basic questions to determine if you “qualify” to receive a grant. FTC attorneys say calls and come-ons for free money invariably are rip offs.

Grant scammers generally follow a script: they congratulate you on your eligibility, then ask for your checking account information so they can “deposit your grant directly into your account,” or cover a one-time “processing fee.” The caller may even reassure you that you can get a refund if you’re not satisfied. In fact, you’ll never see the grant they promise; they will disappear with your money.

The FTC says following a few basic rules can keep consumers from losing money to these “government grant” scams:

  • Don’t give out your bank account information to anyone you don’t know. Scammers pressure people to divulge their bank account information so that they can steal the money in the account. Always keep your bank account information confidential. Don’t share it unless you are familiar with the company and know why the information is necessary.
  • Don’t pay any money for a “free” government grant. If you have to pay money to claim a “free” government grant, it isn’t really free. A real government agency won’t ask you to pay a processing fee for a grant that you have already been awarded — or to pay for a list of grant-making institutions. The names of agencies and foundations that award grants are available for free at any public library or on the Internet. The only official access point for all federal grant-making agencies is www.grants.gov.
  • Look-alikes aren’t the real thing. Just because the caller says he’s from the “Federal Grants Administration” doesn’t mean that he is. There is no such government agency. Take a moment to check the blue pages in your telephone directory to bear out your hunch — or not.
  • Phone numbers can deceive. Some con artists use Internet technology to disguise their area code in caller ID systems. Although it may look like they’re calling from Washington, DC, they could be calling from anywhere in the world.
  • Take control of the calls you receive. If you want to reduce the number of telemarketing calls you receive, place your telephone number on the National Do Not Call Registry. To register online, visit donotcall.gov. To register by phone, call 1-888-382-1222 (TTY: 1-866-290-4236) from the phone number you wish to register.
  • File a complaint with the FTC. If you think you may have been a victim of a government grant scam, file a complaint with the FTC online, or call toll-free, 1-877-FTC-HELP (1-877-382-4357); TTY: 1-866-653-4261. The FTC enters Internet, telemarketing, identity theft, and other fraud-related complaints into Consumer Sentinel, a secure online database available to hundreds of civil and criminal law enforcement agencies in the U.S. and abroad.
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