Blog posts of '2013' 'April'

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Samsung, Intel invest in speech analysis company to boost voice command apps - Tuesday, April 30, 2013
Samsung, Intel and Telefónica have joined the likes of Google and invested in a startup company that specializes in speech analysis, IDC News Service reported. The San Francisco-based Expect Labs created a technology that can analyze and understand conversations in real-time, and then uses that data to find related information. The company previously created an iPad application known as MindMeld ...

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NC investment firm owner charged in multi-million Ponzi scheme - Tuesday, April 30, 2013
The owner of a North Carolina investment firm has been charged with securities fraud for orchestrating a Ponzi scheme that solicited victims to invest millions in the foreign currency market ("FOREX"), according to a news release from the U.S. Attorney's Office in Charlotte.

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Bremen startup says sales strong for its stripped lower receivers to AR-15 - Tuesday, April 30, 2013
Bremen Castings recently entered into a new arena -- firearms.

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Viddy Co-Founder Chris Ovitz Lands At Mobile Gaming Startup Scopely - eu.techcrunch - Tuesday, April 30, 2013

Viddy Co-Founder Chris Ovitz Lands At Mobile Gaming Startup Scopely
eu.techcrunch
Ovitz declined to go into a lot of detail about what happened at Viddy, except to say that the company has to be inward-focused right now. “I obviously got to see the entire spectrum of a startup's life. It was an incredible learning experience,” he said.


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ValueClick Founder Brian Coryat Raises $1.5M For Business Listings Startup ... - TechCrunch - Tuesday, April 30, 2013

ValueClick Founder Brian Coryat Raises $1.5M For Business Listings Startup ...
TechCrunch
Local Market Launch, a startup that helps companies manage the online presence of local stores, is announcing that it has raised $1.5 million in Series A funding. The company was founded by Brian Coryat, who previously founded ValueClick, an online ad ...
Local Market Raises $1.5 Mln FundingPrivate Equity Hub (press release)
ValueClick Founder Gets Added Funding For Local Market LaunchMediaPost Communications

all 5 news articles »

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Don’t Get Caught In A Pyramid Scheme - Tuesday, April 30, 2013
Many people have found success in direct selling for companies which use a multi-level compensation plan. Unfortunately, not all opportunities are legitimate, and it’s easy to get caught up in the enthusiasm and big promises of a pyramid scheme posing as a trustworthy company.

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Mobile Enterprise Startup Workspot Lets Employees Securely Work From ... - eu.techcrunch - Tuesday, April 30, 2013

Mobile Enterprise Startup Workspot Lets Employees Securely Work From ...
eu.techcrunch
The company supports four of the leading VPN providers like Cisco and Juniper, which cover about 80 percent of the market and let workers log-in remotely into corporate networks. Employers can easily add in new apps for their employees to use from a ...

and more »

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3 Ill. men who met in prison in Wis. sentenced in Ponzi scheme - Tuesday, April 30, 2013
CHICAGO, April 30 (UPI) -- Three men who met in federal prison in Wisconsin have been sentenced for a Ponzi scheme they perpetrated after their release, federal authorities said Tuesday.

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Graham man charged in $4.7 million Ponzi scheme - myfox8.com - Tuesday, April 30, 2013

myfox8.com

Graham man charged in $4.7 million Ponzi scheme
myfox8.com
Beginning in 2010 and continuing through March 28, 2013, Mason executed the Ponzi scheme by soliciting his victims to invest with his companies, JHM Forex Only Pool and Forex Trading at Home Association, for the purpose of investing in over-the-counter ...


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Tags: ponzi scheme
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Coming to America: Some Practical Advice for Startup Entrepreneurs - Forbes - Tuesday, April 30, 2013

Coming to America: Some Practical Advice for Startup Entrepreneurs
Forbes
Once you have your company's EIN you can open a company bank account. Any high street bank will do, but if you're a startup I'd recommend Silicon Valley Bank. Having dealt with the big name banks in the past, they just don't understand startups. They ...


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Electric car startup Coda getting buried in lawsuits - GigaOM - Tuesday, April 30, 2013

GigaOM

Electric car startup Coda getting buried in lawsuits
GigaOM
Back in January we noted how following a trying year, electric car startup Coda Automotive was quietly dealing with a number of lawsuits over unpaid bills. These lawsuits followed layoffs and slow sales of the company's first car on the market, a much ...
Electric Cars May 1, 2013 Electric-Car Startup Coda Automotive Files For...Green Car Reports
Electric car startup Coda files for bankruptcySmartPlanet.com (blog)
Electric Car Company Coda Files For Bankruptcy - The Car ConnectionThe Car Connection
Businessweek -Fox Business -Quartz
all 43 news articles »

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Ponzi scheme hatched in jail sends suburban men back to prison - Tuesday, April 30, 2013
Three men who met in jail and hatched a Ponzi-type investment fraud scheme together were all sent back to prison last week for bilking more than 100 people out of $3.6 million. Christopher Andersen, 57, formerly of Downers Grove, Daniel Parrilli, 62, formerly of Carol Stream, and John Lauer, 48, formerly of Chicago, all pleaded guilty to fraud and were sentenced to between 2½ and 8 years.

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Tags: ponzi scheme
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