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Page 2 - Sean Langford News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Celebree School plans to move HQ to White Marsh | Maryland Daily Record

Sale of 2 real estate-owned properties tops $6M | Maryland Daily Record

MacKenzie Commercial Real Estate Services LLC brokered the sale of two distressed properties on behalf of FVCbank, a financial institution with offices throughout Virginia and Maryland, for more than $6 million combined. The assets consisted of 101 Chesapeake Blvd., a 30,400 square foot medical office building in Cecil County, and a real-estate owned (REO) property .

Feds: Carnegie man set up fake PPP loans for gold bars, college tuition, fancy cars and more

He bought a Ford Mustang, two Mercedes SUVs, a BMW, a Land Rover and Porsche. He bought gold bars and silver coins, jewelry, art and firearms. He gave money to his family. He paid their college tuition. All of that, the FBI said, after Randy Frasinelli fraudulently applied for and received $3.8 million in federal Paycheck Protection Program loans money earmarked by the federal government to help small businesses continue paying their employees during the covid-19 pandemic. On Thursday, Frasinelli, 64, of Scott, was arrested and charged by criminal complaint with bank fraud and money laundering. He was released on bond. Reached by phone Thursday afternoon, Frasinelli said he had no comment.

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