Meredith News

Friday, January 1, 2010 WINTER WEATHER ADVISORY REMAINS IN EFFECT UNTIL 7 AM EST SATURDAY Issued: Friday, January 01, 2010 4:26 PM EST Expires: Saturday, January 02, 2010 6:00 AM EST Southern Carroll-Sullivan-Merrimack-Belknap-Strafford-Interior Rockingham-Coastal Rockingham- Including The Cities Of...Wolfeboro...Ossipee...Claremont... Newport...

Financial Resources Mortgage Inc. of Meredith was under pressure for compliance issues from state regulators and under demand for repayment from investors prior to its abrupt closure on Nov.

The economic downturn made for some sudden challenges in Meredith, though town officials and residents worked around the difficulties.

Investors who claim a Meredith company bilked them out of millions of dollars will have to plead their cases in federal bankruptcy court.

Dozens of civil suits filed against bankrupt Financial Resources Mortgage Inc. and CL&M Inc.

In 2000, when he was serving as director of the state's Bureau of Securities Regulation, New Hampshire Banking Commissioner Peter Hildreth was warned by a Lakes Region lawyer that Scott Farah's Meredith-based financial services firm was actually engaged in a "Ponzi scheme." But despite the warning given to both banking and securities regulators ...

The police chief's badge was pinned on a 10-year member of Sandwich's department before a crowd of supporters.

A man stole an ambulance outside Lakes Region General Hospital in Laconia yesterday and drove off before the Loudon police arrested him by using a Taser in the middle of Route 106.

Level funding, scarce increases, and finding savings were some of the driving factors in the town manager's proposed budget of over $12.7 million Town Manager Phillip Warren presented the proposed budget to the Board of Selectmen on Monday, the first step in the budget schedule leading to town meeting.

The most recent examination by the New Hampshire Banking Department of Financial Resources Mortgage Inc.

Children of Manchester who would like new shoes, a warm coat or toys this holiday season might believe a little more in Santa Claus because of the generosity of Bank of America.

A judge ruled yesterday that an office manager for two Lakes Region firms forced into bankruptcy could access her own money.

Gary Sampson, the drifter sentenced to death for killing a Penacook man and two others in 2001, had speech problems as a child, suffered a head injury 30 years ago, lived with an alcoholic father and was routinely bullied, according to new court filings.

Polcie arrested three people on DWI charges in a busy seven hour period involving three separate crashes, one of which injured three people.

Although Pastor Robert Farah, father of Financial Resources Mortgage Inc. president Scott D. Farah, has denied any connection to the business over recent weeks, records and interviews show involvement going back years.

The tax rate will be set by Dec. 15 according to town officials, who say the delay was due to overlapping town manager duties.

An indoor Christmas forest lit up for local visitors as Altrusa's 14th annual Festival of Trees brought out numerous decorated trees.

Before its sudden implosion last month, a Meredith financial firm suspected of bilking millions of dollars from its investors was regularly cutting big checks to a little white church in Center Harbor.

AP U.S. murder suspect Amanda Knox is accompanied by a penitentiary police officer prior to a final hearing By ALESSANDRA RIZZO and MARTA FALCONI, Associated Press Writers Sun Dec 6, 3:27 am ET PERUGIA, Italy Amanda Knox sought comfort from visiting family members Saturday on her first day in prison since being convicted of murdering her British ...

More than 40 angry investors in what lawyers have called a $100 million Ponzi scheme operated out of Meredith came to Belknap County Superior Court yesterday to see where they would stand in line to recoup any money.