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Obama calls for offshore drilling in Southeast

WASHINGTON — The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling offshore along parts of the Atlantic coast while imposing new restrictions on environmentally fragile waters off northern Alaska.

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Alliance's Hillwood Commons lands first tenant

A large title insurance, property valuation and settlement services company is the first tenant at Hillwood Commons I, an office complex at Alliance Town Center.

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Museum District: Area’s evolution creating more interaction, public spaces

Fifteen years ago if someone had shot a cannon from Fort Worth’s world-renowned museum district, nobody would have noticed, joked Lori Eklund, senior deputy director of the Amon Carter Museum of American Art. But that has changed.

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Energy Transfer Partners, Regency Energy announce $18B merger

Energy Transfer Partners LP of Dallas and Regency Energy Partners LP have entered into a definitive merger agreement.

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Fort Worth's mayor looking for new chief of staff

Jason Lamers is leaving the city after 14 years to join Burlington Northern Santa Fe.

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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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