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More scams since PFD payouts

ANCHORAGE - With Alaskans ready to cash their Permanent Fund dividends, regulators and consumer protection organizations are seeing an increase in scams looking to snatch up the annual payout.
Business news roundup: Cycle Alaska named top bike shop, B's Bakery closes doors

Cycle Alaska named top bike shop Juneau's Cycle Alaska got some recognition when it was named one of the country's top 50 bike shops by the Active Times last week. The shop, located at 1107 W. Eighth St., was ranked 45th out of 50.
Commerce Dept. names new deputy commissioner

A new deputy commissioner has been named to the Department of Commerce, Community & Economic Development by Commissioner Susan Bell. Daniel Patrick O'Tierney will join the department Monday, overseeing three regulatory and consumer protection divisions.
State orders Ponzi scammers - foreign and domestic - to stop marketing to Alaskans

...Friday to a private investment club after finding that its get-rich-quick scheme is illegal. The state Division of Banking and Securities ordered organizers Friday to stop marketing the scheme to Alaskans. The scheme, called the "People in...
Lack of mortgage rules a concern

...firm. State Sen. Tom Wagoner, R-Kenai, tried to get the Legislature this year to grant the Alaska Division of Banking and Securities authority to license and regulate companies that offer home mortgage lending. SB 272 would have allowed...
Blatchford resigns as commerce head

Edgar Blatchford, the commissioner of the Department of Commerce, Community & Economic Development, has resigned amid allegations of conflicts of interest between his state job and his leadership position with a Native corporation.
PIPS is back in the news

The Ponzi scheme PIPS (People in Profit System) is back in the news.
Thank you from Thunder Mountain High School

Thunder Mountain High School would like to thank the community for all their support during our second school year. Your partnership allows us to provide meaningful programs and activities to our students. Thank you specifically to the following volunteers for your contribution to our school this year: Glacier Valley Rotary Club, SAGA, Friends of the Library, Scott Macaulay, Juneau Economic and Development Council, Eaglecrest Ski Area, JRC-Alaska Club, Brian Holst of JEDC, Veida Forrest of the Alaska Division of Banking and Securities, Chuck Craig of the University or Alaska Southeast, Les Schwab, Valley Lumber, Valley Paint, National Guard Sgt. Baker, Bill Peters of True North Federal Credit Union, Army Sgt. First Class Thuan T. Nguyen, Pavitt Fitness, RX Express, Canton House, What A Foot, Sunkissed Tanning, Jim and Katherine Kelly of State Farm, Perseverance Theater and Alaska Laundry.
Sealaska wants to set record straight

This is a response to a letter to the editor in Wednesday's Juneau Empire from a Sealaska shareholder who is running for a seat on the corporation's Board of Directors. We recognize that the Empire lacks the resources and ability to check the facts represented in every letter it publishes, so we take this opportunity to set the record straight.
Settlement to free up funds for Alaskans

Alaska securities regulators announced a settlement Thursday with Citigroup Global Markets, Inc., under which the company would repurchase auction-rate securities it sold to Alaska customers.


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