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Trademark closes on 63-acre Waterside site in Fort Worth

Construction begins Oct. 20 on the development, to be anchored by a Whole Foods Market.

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UPDATE: $215M hotel, indoor ski project planned for Grand Prairie

Officials in Grand Prairie are expected later today to announce a $215 million project that will include a Hard Rock Hotel and an indoor ski facility.

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Two Fort Worth council members propose temporary single-family moratorium around TCU

The moratorium would apply to new permits for single-family homes around TCU, and give the city time to figure out what to do with a controversial proposed overlay in several neighborhoods around the university.

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Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

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Landscape architect behind several TCU landmarks acquired

The Dallas design firm behind several Texas Christian University projects, as well as Globe Life Park in Arlington and AT&T Stadium, has been acquired by Rvi Planning + Landscape Architecture.

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Area residents charged in Ponzi scheme with Euless ties

 

DALLAS (AP) — Two Dallas residents have pleaded guilty to medical investment-related fraud in what investigators call a $10 million Ponzi scam.

Federal prosecutors in Dallas on Wednesday announced guilty pleas from 50-year-old Duncan MacDonald III and 71-year-old Gloria Ann Solomon.

Both could get five-year prison terms after pleading guilty to conspiracy to commit wire fraud. MacDonald and Solomon could also be required to pay fines of up to $250,000 and make restitution.

Investigators say the scheme ran from 2006 through September 2012 when MacDonald was president of Global Corporate Alliance, Inc. Solomon was chief administrative officer of the company with offices in Addison and Euless.

Prosecutors say the case involved the sale of insured health care benefit programs with promises of big returns based on high management fees and securing more investors.

 

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