Department of Banking News Releases
1994-2002
Civil Money Penalties Levied on Bankers
Banking Department and Attorney General Announce Settlement with Mortgage Lender
Connecticut Bank of Commerce Closed, FDIC Named Receiver
Regulators Warn About "Prime Bank" Investment Scams
2001
Stamford Credit Union, Inc. Charter Ceremony
Securities Officials Warn About Investment Scams Following Terrorist Attacks
Commissioner Requests that Banks Close
State Files Suit Against Unlicensed Debt Adjusters
Stamford Man Cited for Affinity Fraud
Willimantic Stockbroker Sentenced on Fraud Charges
Private Pay Telephone Investment Warning Issued
Manchester Stockbroker Sentenced
Mary Ellen O'Neill Named Bank Examination Division Director
2000
Securities Officials Crack Down on Companies Selling Unregistered Promissory Notes
Securities Officials Act Against Promissory Note Fraud
Manchester Stockbroker Charged with Securities Fraud
Bank Examination Director Named State Manager of the Year
Investors Cautioned About Risks of Buying Stock on Margin
State-Federal Crackdown on Phony Business Opportunity Investments
Cease & Desist Order Issued Against Firm Selling Promissory Notes
Opinion Article on Financial Services Reform
Orders Issued Against Firms Selling Unregistered Securities (Commercial Paper)
1999
Banking and Insurance Commissioners Issue Joint Warning To Local Agents and Investors
Fairfield County Stockbroker Sentenced in Fraud Case
Statement of Banking Commissioner on ATM Surcharge Case Ruling
1998
Burke Orders Banks to Halt Charging ATM Fee
US District Court Ruling on ATM Surcharges
Banking Commissioner Chairman of CSBS
Administrative Actions Taken Against Broker-dealer and Agent For Failure to Provide Records
1997
Consumers Cautioned About Credit Repair Scams
Banking Commissioner Warns Against Affinity Fraud
Department Takes Action Against Hampton Capital Management
State Acts Against Alleged Boiler Rooms
Department Receives National Accreditation
1996
Banking Commissioner Warns of Dishonest Investment Advisers
Connecticut Joins in Regional Review of SCOR Filings
Credit Union Division Re-Accredited by NASCUS
Investment Con Artists "Paging" Victims