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Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

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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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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

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GE rises most in year with equipment order increases, including at Fort Worth locomotive unit

NEW YORK — General Electric Co. beat analysts' profit estimates in the third quarter as Chief Executive Officer Jeffrey Immelt squeezed more costs from the manufacturing units.

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North Texas businessman pleads guilty in mortgage scam

 

SHERMAN, Texas (AP) – A North Texas businessman has pleaded guilty to a nearly $2.4 million mortgage fraud scam.

Marcus Brian Curry of Allen pleaded guilty Tuesday to mail fraud. Curry faces up to 20 years in federal prison during sentencing in Sherman.

Prosecutors say Curry owned South Coast Group LP and used mail advertisements to solicit homeowners having financial problems.

Curry told homeowners that they could protect their credit by transferring the titles to him and he'd make the mortgage payments. Curry sold the property to new buyers, omitted that there was an original lien and in most cases he didn't make the original mortgage payments.

Curry, who financed the mortgages himself, had the new buyers send payments to his private mailbox.

 

 

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