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Archive for March, 2009

Cape Fear Community College’s marine tech program safe for now

Wednesday, March 18th, 2009

After fears that possible budget cuts would eliminate the program’s hands-on training at sea, Gov. Beverly Perdue’s budget proposal leaves marine tech funding untouched.

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Fire at North Brunswick High closes school for the day

Wednesday, March 18th, 2009

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There will not be any classes for students at North Brunswick High School Wednesday. A fire broke out in the wood shop on the Leland campus around 7:00 p.m. Tuesday night.

Multiple departments were on scene and had everything under control within an hour. No injuries were reported, but the damage was enough to cancel classes for Wednesday.

The cause of the fire is still under investigation.

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There will not be any classes for students at North Brunswick High School Wednesday. A fire broke out in the wood shop on the Leland campus around 7:00 p.m. Tuesday night.

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Associated poll

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Feds say NC man used Ponzi scheme for lavish life

Wednesday, March 18th, 2009

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MINT HILL, N.C. — Federal investigators say a North Carolina man operated a multimillion-dollar Ponzi scheme that he used to feed a lavish lifestyle that included a Maserati sports car and extravagant parties.

The U.S. Commodity Futures Trading Commission said Wednesday that it has charged the late Bruce C. Kramer and the business Barki, LLC of Mint Hill. The agency said Kramer’s scheme came to light after he committed suicide in his office last month.

Court documents say Kramer and the business raised $40 million from 79 investors. They say Kramer lost $10 million in trading and used about $20 million to pay customers.

The civil complaint says Kramer used the remaining funds on personal expenses, including the purchase of a horse farm and luxury cars.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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Federal investigators say a North Carolina man operated a multimillion-dollar Ponzi scheme that he used to feed a lavish lifestyle that included a Maserati sports car and extravagant parties.

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Associated poll

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Law enforcement dog bites suspect as car is searched

Wednesday, March 18th, 2009

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A Brunswick County man was treated at the hospital Tuesday after being bitten by a law enforcement dog.

Leland Police stopped a vehicle on Highway 74-76 and found several packets of heroin and a .40-caliber semi automatic handgun in the car.

Police called the Brunswick County K-9 Unit to assist them. They arrested suspect Vincent Hill. While searching the vehicle, the deputy accidentally hit the remote control to release the dog from his car. The dog bit the suspect, leaving abrasions and bite wounds on Hill’s lower abdomen.

“The dog got loose somehow, and started attacking one of them, while he was on the car, getting handcuffed, getting bit,” said witness Lamar Claiborne.

Hill was treated at New Hanover Regional Medical Center and released. He is being held at the Brunswick County Jail, awaiting his first appearance.

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A Brunswick County man was treated at the hospital Tuesday after being bitten by a law enforcement dog.

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Associated poll

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Road work at NC speedway to receive stimulus funds

Wednesday, March 18th, 2009

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CHARLOTTE — North Carolina transportation officials plan to spend $3.5 million in federal stimulus funds to help finance road improvements near a privately owned speedway.

The Charlotte Observer reported Wednesday the state Department of Transportation plans to widen Morehead Road and move it away from the Lowe’s Motor Speedway property in Concord.

Track owner Bruton Smith asked for a $75 million project that included the road improvement two years ago in a deal with local government officials, after he threatened to relocate the track.

Smith had agreed to pay for the roadwork and be reimbursed over several years by the city and Cabarrus County.

That means federal stimulus money will support a project that Smith had already agreed to fund up front. The decision means the $3.5 million won’t be available for another immediate need.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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North Carolina transportation officials plan to spend $3.5 million in federal stimulus funds to help finance road improvements near a speedway, even though the track’s
owner agreed to pay the costs.

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Associated poll

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