Tag Archives: losses

Puerto Rico government falls for phishing scam, loses $2.6 million

Will file this one under incompetence & mismanagement… https://www.fox5ny.com/news/puerto-rico-government-phishing-scam Puerto Rico government falls for phishing scam, loses $2.6 million By Danica Coto Published February 12 Puerto Rico   ( AP file ) SAN JUAN, Puerto Rico (AP) – Puerto Rico’s government … Continue reading

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Moody’s: Earthquakes Could Delay Puerto Rico Recovery

Moody’s: Earthquakes Could Delay Puerto Rico Recovery Moody’s: Earthquakes Could Delay Puerto Rico Recovery By José Alvarado Vega on January 16, 2020 (Feisdra on Unsplash) Rating agency says ‘frequency of natural disasters’ could scare away investors SAN JUAN — The … Continue reading

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Cossec: Co-ops solvent, but face cash-flow problems

  http://caribbeanbusiness.com/cossec-co-ops-solvent-but-face-cash-flow-problems Cossec: Co-ops solvent, but face cash-flow problems By Eva Lloréns Vélez on August 12, 2017 Editor’s note: The following article originally appeared in the August 10 print edition of Caribbean Business. SAN JUAN — While the Cooperatives Supervision … Continue reading

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Puerto Rico credit unions not alarmed by decision to ask Fiscal Board to file bankruptcy under Title III

How can they NOT be alarmed? http://caribbeanbusiness.com/28116-2 Puerto Rico credit unions not alarmed by decision to ask Fiscal Board to file bankruptcy under Title III – Caribbean Business Puerto Rico credit unions not alarmed by decision to ask Fiscal Board … Continue reading

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