Tagged: Charlotte

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Business
11:59 am
Wed September 26, 2012

Charlotte Companies Sued For Foreclosure Fraud

Two Charlotte-based foreclosure assistance companies, Community Mortgage Assistance Program and Lender Exchange were sued by North Carolina Attorney General Roy Cooper for foreclosure fraud.

The North Carolina Attorney General’s office filed a lawsuit against three mortgage loan modification companies on Friday. Two of the three companies are based in Charlotte.

According to the lawsuit, one of the companies, Community Mortgage Assistance Program, charged customers up to $1,500 in advance. 

Koy Chiu is executive director of the company. On her website, Chiu advertises: “TIRED OF MODIFICATION SCAMS?! KNOWLEDGE IS POWER! SAVE YOUR HOME TODAY!”.

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Business
4:27 pm
Sat September 22, 2012

Why Did Shutterfly Choose S.C. Over N.C.?

The Internet company Shutterfly is moving its Charlotte operations to Fort Mill, South Carolina. The firm plans to create more than 400 full-time jobs there.

Shutterfly is only moving about 10 miles from its facility in Charlotte, where it employs about 200 people. But that short drive goes over the South Carolina border to Fort Mill, which creates some winners and losers depending on who you ask. 

Mark Farris is the director of economic development in York County.

"I think it’s a win not only for us but for the entire region," Farris said.

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Crime
4:04 pm
Tue September 18, 2012

Police Arrest Five Teens Accused of Fatally Shooting Local Teen

Credit CMPD
All five teens arrested in the case were charged with first-degree murder and are being held without bond.

Charlotte-Mecklenburg police arrested five teenagers early Tuesday morning in the shooting death of a 17-year-old boy in Northeast Mecklenburg County on Sunday night.   

Charlotte-Mecklenburg police say that trouble started on Saturday. Five teenagers believed 17-year-old Kydaryune “K.C.” Curry disrespected them in front of a girl.

The Charlotte Observer spoke to Curry’s mother, Benita Turner. She told the Observer the girl was a friend of Curry’s. Curry and a friend were at the girl’s house on Saturday when one of the teens later charged with his murder arrived.

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Local News
9:32 am
Thu September 13, 2012

Several Hundred Trees Cleared Since Billboard Law's Passage

Credit Zen Sutherland/Flickr
A billboard sits in front of trees on a highway in Asheville, North Carolina. There are a little over 8,000 billboards in the state.

A new North Carolina law that allows the state to override local tree-protection ordinances has resulted in the loss of several hundred trees that covered at least 50 acres near billboards in Charlotte, according to the city's arborist. 


How the legislation is implemented is still being determined by the state Department of Transportation. The process involves a public comment period that ends Friday.

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DNC 2012
12:00 am
Mon August 27, 2012

Wooing CEOs During The DNC

Credit Julie Rose
47,000 pocket maps of Uptown Charlotte that will be distributed to convention attendees and visitors.

In about two weeks, the Democratic National Convention will have come and gone in Charlotte. But a group of city officials and economic development agencies are working to extend the economic afterglow of the DNC.

Political conventions don't just draw elected officials, media and political junkies. They're also a magnet for high-ranking business people looking to make connections with the powerful.

While they're here, Center City Partners CEO Michael Smith wants to meet them, too.

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