PHILADELPHIA — An East Norriton man who admitted embezzling $6.3 million from his former employer over nearly a decade was sentenced to six years in federal prison Monday.
In March, Michael G. Spada, 50, pleaded guilty to wire fraud, bank fraud, filing a false tax return and making a false statement to federal investigators.
Spada stole the money from Scannapieco Development Corporation, in New Hope, and hid the fraud from a bank that extended him a $3.2 million line of credit and the Internal Revenue Service (IRS), according to federal prosecutors.
Read More:
Sunday, October 3, 2010
Boston Blackie’s closing some locations
Chicago-area restaurant chain Boston Blackie’s is closing some of its locations almost a year after the company filed for Chapter 11 bankruptcy protection.
An employee who answered the phone at the chain’s River East location said it was closing effective immediately. He declined to comment further. The Boston Blackie’s next to the Doubletree Hotel in Skokie also closed on Sunday, according to a hotel employee. Phone numbers listed on the company’s Web site for locations in Lincoln Park, Glencoe and Naperville were disconnected or out of service on Tuesday afternoon.
Read More:
An employee who answered the phone at the chain’s River East location said it was closing effective immediately. He declined to comment further. The Boston Blackie’s next to the Doubletree Hotel in Skokie also closed on Sunday, according to a hotel employee. Phone numbers listed on the company’s Web site for locations in Lincoln Park, Glencoe and Naperville were disconnected or out of service on Tuesday afternoon.
Read More:
Acapulco tourists abducted by gangsters
MEXICO CITY: Gunmen kidnapped a group of 22 Mexican men travelling together in the plush Pacific coast resort of Acapulco, Mexican authorities said.
The men, described as tourists, were visiting from the western city of Morelia and looking for a place to stay when they were abducted on Thursday, said Fernando Monreal, director of the state investigative police in Guerrero, the state where Acapulco is located.
Read More:
The men, described as tourists, were visiting from the western city of Morelia and looking for a place to stay when they were abducted on Thursday, said Fernando Monreal, director of the state investigative police in Guerrero, the state where Acapulco is located.
Read More:
Local hotelier to buy majority stake in Jamaica Pegasus
LOCAL hotelier Kevin Hendrickson has inked a deal with the Government to buy its near 60 per cent stake in Jamaica Pegasus hotel in Kingston for US$11 million ($947.6 million).The deal will more than double Hendrickson's rooms under management in Kingston and St Andrew and give him control of 40 per cent of the capacity in the Corporate Area.
Read More:
Nigerian bomb blast close to the Hilton
Abuja — High espectation with which Nigerians and hundreds of foreigners thronged the Eagle Square in Abuja yesterday to mark the Golden Jubilee of the nation's independence was marred when explosives planted by the Movement for the Emancipation of Niger Delta (MEND) went off, killing no fewer than 12 persons and injuring eight.
Even as the explosion sent fears down the spines of hundreds of people who had gathered to physically watch the splendid displays packaged by government to celebrate the event, a minor explosion also occurred at the Eagle Square itself, from one of the policemen detailed to participate in the march-past, but there was no casualty in the incident.
Read More:
Even as the explosion sent fears down the spines of hundreds of people who had gathered to physically watch the splendid displays packaged by government to celebrate the event, a minor explosion also occurred at the Eagle Square itself, from one of the policemen detailed to participate in the march-past, but there was no casualty in the incident.
Read More:
U.S. Department of State issues travel alert for Europe
The State Department alerts U.S. citizens to the potential for terrorist attacks in Europe. Current information suggests that al-Qa’ida and affiliated organizations continue to plan terrorist attacks. European governments have taken action to guard against a terrorist attack and some have spoken publicly about the heightened threat conditions.
Terrorists may elect to use a variety of means and weapons and target both official and private interests. U.S. citizens are reminded of the potential for terrorists to attack public transportation systems and other tourist infrastructure. Terrorists have targeted and attacked subway and rail systems, as well as aviation and maritime services. U.S. citizens should take every precaution to be aware of their surroundings and to adopt appropriate safety measures to protect themselves when traveling.
Read More:
Terrorists may elect to use a variety of means and weapons and target both official and private interests. U.S. citizens are reminded of the potential for terrorists to attack public transportation systems and other tourist infrastructure. Terrorists have targeted and attacked subway and rail systems, as well as aviation and maritime services. U.S. citizens should take every precaution to be aware of their surroundings and to adopt appropriate safety measures to protect themselves when traveling.
Read More:
Wyndham sees future in Greensboro
GREENSBORO — As they await state approval for special financing, developers of a proposed $38 million downtown hotel have worked hard to show it will be a success in a crowded hotel market.
Flying the Wyndham Hotels and Resorts flag is a key part of their effort to show that they’ve got solid business support.
The developers of the 10-story hotel are working toward approval from the state’s Local Government Commission for the right to sell $26 million in bonds under the federal recovery zone bond program created under the federal stimulus act.
Read More:
Flying the Wyndham Hotels and Resorts flag is a key part of their effort to show that they’ve got solid business support.
The developers of the 10-story hotel are working toward approval from the state’s Local Government Commission for the right to sell $26 million in bonds under the federal recovery zone bond program created under the federal stimulus act.
Read More:
Owners of Penhallow Hotel to be prosecuted for fire deaths
The owners of a Newquay hotel which caught fire, resulting in three deaths, are to be prosecuted for fire safety breaches, Cornwall Council says.
The Penhallow Hotel burnt down in August 2007. Peter Hughes, 43, his mother, Monica, 86, and Joan Harper, 80, all from Staffordshire, died.
About 90 people managed to escape from the fire at the 54-bedroom hotel.
Read More:
The Penhallow Hotel burnt down in August 2007. Peter Hughes, 43, his mother, Monica, 86, and Joan Harper, 80, all from Staffordshire, died.
About 90 people managed to escape from the fire at the 54-bedroom hotel.
Read More:
Emaar Hotels planning third Armani Hotel
Emaar is planning to build a third Armani Hotel, with Paris leading the way to host the branded resort, Arabian Business can reveal.
“It’s only being designed now,” said Mark Dardenne, CEO of Emaar Hotels and Resorts, on the sidelines of the Hotelier Middle East conference.
Read More:
“It’s only being designed now,” said Mark Dardenne, CEO of Emaar Hotels and Resorts, on the sidelines of the Hotelier Middle East conference.
Read More:
Commonwealth Games hurt New Delhi Occupancy
New Delhi, October 2, 2010 – ROOM occupancy at hotels in Delhi has hit an all-time low of 25 per from the usual 80 per cent observed every October. “For the hospitality industry in Delhi, October is peak season. But our business has faced a huge setback thanks to the 2010 Common Wealth Games,” said Manoj Singh, marketing manger of Orchid Hotel, a three-star hotel at Connaught Place.
Read More:
Read More:
Just Like FOX News, except this is a hotel run by Blondes
What do you call a blonde who runs a business? A dab hand at marketing, if she comes from Lithuania. Blondes in the Baltics have had enough of the jokes about being dumb. Now they want to show they are smarter than the gags make out, with a growing blonde business empire.
Read More:
 |
| The Olialia Babes girl band are part of the "blonde" project |
A Lithuanian company plans to set up a holiday island in the Maldives run entirely by blondes - the latest project in a growing blonde movement in the Baltics. But how legitimate is this latest sign of Baltic blonde ambition?
What do you call a blonde who runs a business? A dab hand at marketing, if she comes from Lithuania. Blondes in the Baltics have had enough of the jokes about being dumb. Now they want to show they are smarter than the gags make out, with a growing blonde business empire.
Read More:
Atlantis postphones phase 4 until Cable Beach Project complete
KERZNER International will not consider moving forward with its Paradise Island Phase IV expansion plans until the $2.6 billion Baha Mar project comes to a final conclusion, its managing director revealed to Tribune Business yesterday, fearing that the Bahamian resort market would be "over-saturated" if new room inventory was released at the same time.
George Markantonis said Atlantis does not want to saturate the room inventory of Nassau/Paradise Island with its planned Phase IV development, and will therefore await the finalisation of the $2.6 billion Baha Mar development that promises a further 3,500 rooms.
Read More:
George Markantonis said Atlantis does not want to saturate the room inventory of Nassau/Paradise Island with its planned Phase IV development, and will therefore await the finalisation of the $2.6 billion Baha Mar development that promises a further 3,500 rooms.
Read More:
