Kentucky.gov

Below is a list of all current press releases.  To view the full text, click on the press release title.  The press releases listed below are less than 180 days old.

• Financial Institutions Board Gains New Members
  Friday, January 27, 2012
  Gov. Steven L. Beshear has appointed two new members to the Financial Institutions Board and reappointed another member. The board reviews and discusses reports regarding the Department of Financial Institutions (DFI) and the financial services industries in Kentucky.
• DFI Kicks Off Centennial Celebration With 100 Money Smart Tips for Consumers
  Thursday, December 29, 2011
  For the new year, the Department of Financial Institutions (DFI) is offering consumers 100 tips for being money smart in honor of the agency’s 100 years serving Kentucky.
• Autotruck Federal Credit Union Converts to State Charter
  Wednesday, December 28, 2011
  The Department of Financial Institutions (DFI) presented Autotruck Federal Credit Union – now Autotruck Financial Credit Union (AFCU) – with its state-charter conversion. AFCU becomes the 25th credit union under DFI’s supervision.
• Hotline on Thursday Helps Prevent Elder Financial Abuse
  Wednesday, November 09, 2011
  A hotline will be available for one day only on Thursday, Nov. 10 to give Kentuckians financial and medical advice to help protect the elderly from financial fraud. Three separate phone lines – covering general finance, medical and financial abuse questions – will be available from 9 a.m. to 6 p.m. EST on Thursday.
• Lexington Businessman Indicted for Wire and Securities Fraud
  Wednesday, November 09, 2011
  A Lexington business owner was indicted for using a scheme to defraud investors out of more than a million dollars.
• Federal and State Regulators Appoint Administrator to Return $200 Million to Investors
  Thursday, October 27, 2011
  The U.S. Securities & Exchange Commission and regulators from Tennessee, Alabama, Kentucky, Mississippi, and South Carolina announced today the appointment of A.B. Data, Ltd. of Milwaukee to distribute $200 million to investors from the regulators’ settlements with Morgan Keegan & Company and Morgan Asset Management.
• Department of Financial Institutions Launches New Website
  Monday, October 10, 2011
  The Kentucky Department of Financial Institutions (DFI) today launched a new website at http://kfi.ky.gov. The new website improves navigation and access to the wealth of information on DFI’s site.
• Make a Financial Plan – And Check Out Your Adviser or Lender
  Tuesday, October 04, 2011
  The Department of Financial Institutions (DFI) urges consumers to take time during Financial Planning Week, Oct. 3-9, 2011, to re-evaluate personal goals and the financial paths to achieve them. And, whether consumers are considering possible changes to their investment portfolio or refinancing a mortgage loan, DFI can help check out the background and registration of a stockbroker, investment adviser or mortgage lender.
• Traveling Evangelist Sentenced to 48 Months in Prison and Ordered to Pay Restitution for Defrauding Individuals in an Oil and Gas Scheme
  Tuesday, September 20, 2011
  Traveling evangelist Ernest Cadick sentenced to 48 months in prison and ordered to pay restitution of nearly $720,000 for defrauding individuals in an oil and gas scheme
• Elizabethtown Area Seniors Get Information at Scam Jam
  Monday, September 19, 2011
  More than 100 Elizabethtown area seniors learned how to recognize and avoid investment fraud at a Senior Scam Jam seminar today.
• Seniors Invited to Free Fraud Prevention Event Monday in Elizabethtown
  Friday, September 16, 2011
  Seniors from Elizabethtown and the surrounding area are invited to a FREE workshop Monday Sept. 19, 2011 to learn how to protect themselves from investment fraud, insurance fraud, mail fraud, lending fraud and identity theft. Participants who register in advance by calling 800-223-2579 will be provided with lunch, take-home materials and a chance to win door prizes.
• Financial Institutions Board to Hold Annual Meeting
  Monday, August 29, 2011
  The Board of the Kentucky Department of Financial Institutions (DFI) will meet from 1:30 to 5:30 p.m. CDT on Wednesday, Aug. 31, at Rough River Dam State Resort Park in Falls of Rough, Ky.