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New Haven Financial Inc.
Mortgage Investor August 19, 2009
NEWS FLASH! New Haven Financial and Larry Rabinoff concede to breaking the law with respect to ALL of the factual allegations included in the Accusation filed on October 16, 2008, including the charges of: 1. Misuse of trust fund accounts, including maintaining a negative balance. 2. Failure to notify investors of borrower default on investments. 3. Failure to maintain bank accounts in the name of broker as trustee, and failure to designate those accounts as trust accounts. 4. Failure to maintain separate... read full review »
Filled under: Business & Finances Location: United States

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