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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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Irving man sentenced for defrauding investors

DALLAS (AP) — A North Texas man has been sentenced to nearly six years in prison for defrauding people seeking to invest in a restaurant franchise.

Michael David Carroll of Irving was sentenced Monday in federal court in Dallas. He was ordered to pay $1.4 million in restitution. He had pleaded guilty in April to wire fraud.

Prosecutors say the 38-year-old Carroll was a director of The Salad Bowl Franchise Corp. They say from 2008 to 2010 Carroll ran a scheme to defraud investors by inducing them to purchase a franchise from him.

He provided false financial data to investors, including inflated sales figures at some franchise locations. Carroll admitted to investigators that he had used investor funds for his own purposes.

He also acknowledged forging a signature to obtain a $23,000 loan.

 

 

 

 

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