A former Sturgis resident appeared in federal court on Thursday morning to face charges of scheming to defraud investors of more than $1.7 million, according to the U.S. Attorney’s office. Cory B. George, 27, of Owensboro is accused of defrauding investors of more than $1,749,590 by running advertisements in newspapers and offering short-term certificates of deposit paying 3 to 5 percent interest through his company, G3 Capital Management. However, G3 Capital wasn’t a licensed and insured bank, and wasn’t authorized to issue certificates of deposit, according to the office of U.S. Attorney David J. Hale.
For the first time in more than a year, monthly residential home sales rose in Central Kentucky. The 11.1 percent July increase also was notable because the effects of the federal homebuyer tax credit, which primarily ended in June 2010, were not a factor. "We do have good comparisons now year over year, which we did not have before this month," said Barb Curtis, president of the Lexington-Bluegrass Association of Realtors.
In the first 15 minutes or so of trading on Wall Street, the stock market — as expected — headed south. But the decline was not precipitous. After initially falling about 100 points (around 1 percent), the Dow Jones industrial average recovered some and was off only around 50 points.
Stoners and scientists alike may be stoked to learn that a startup biotech company has completed the DNA sequence of Cannabis sativa, or marijuana. But here's something that could ruin a high: The company hopes the data will help scientists breed pot plants without much THC, the mind-altering chemical in the plant. The goal is instead to maximize other compounds that may have therapeutic benefits.
An emerging Christian movement, that seeks to take dominion over politics, business and culture, in preparation for the end times and the return of Jesus, is becoming more of a presence in American politics. The leaders are considered apostles and prophets, gifted by God for this role.
Workers at a waste water plant in central California were taken aback when they saw a huge rodent swimming through the facility's ponds. The capybara is the world's largest rodent. It has a famously docile nature so fish and game officials say they'll let the animal roam.