Couple tried to use stolen credit cards at Monticello raceway, police say

by Shelton on December 30th, 2014

filed under Cash Advances

Coleman and Durham were then recognized by security personnel due to previous incidents in the use of stolen credit card numbers to obtain cash advances and Monticello police were then notified. Police said Coleman and Durham had used stolen credit cards on at least two previous occasions at the same location to get cash advances using stolen credit card numbers.

When Coleman was searched by arresting officers, he was found with 13 various credit cards in his name, all with stolen credit cards numbers. Coleman was also in possession of marijuana and hashish oil when he was arrested, police said.

Coleman was charged with 13 counts of criminal possession of a forged instrument, 13 counts of identity theft and 13 counts of grand larceny, all felonies. He was also charged with misdemeanor criminal possession of a controlled substance and unlawful possession of marijuana, a violation.

Durham was charged with two counts of criminal possession of a forged instrument, two counts of identity theft and two counts of grand larceny, all felonies.

Both were sent to the Sullivan County Jail, with Durham#x2019;s bail set at $10,000 and Coleman#x2019;s bail set at $50,000. Coleman is also currently on probation in Queens for a prior felony conviction of weapon possession..

The Sullivan County District Attorney Office was assisting Monticello Police in an ongoing investigation.

BT rides to top with super cover

by Shelton on December 30th, 2014

filed under Personal Funding

Offering life insurance via its superannuation wrap has secured BT Financial Group (BTFG) top spot in both Super Risk categories (See also: Adviser Choice Super Risk Disability Income Product 2014).

BTFG, Life Insurance Products, National Manager Scott Moffit said advisers were able to access the same Term Life, with linked TPD Benefit directly from BTFG or via the platform and could offer flexibility in how the client paid for it.

He said while BTFG now also offered life insurance through super on the Asgard as well as BTFG platforms the focus had been in ensuring and reinforcing that the quality of Term Life, with linked TPD Benefit was the same on the platform as it was off the platform.

The Russell Super Solution secured Silver with Russell Investments Business Strategy amp; Operations Director Jason Marler stating that its default cover and great scale were able to provide excellent terms for super fund members accessing the product.

I think thats one thing we do quite well. We have got a really good balance between excellent default cover and automatic acceptance terms but also where people want to take out more cover we encourage them to do that but its properly risk assessed, Marler said.

We have focused on keeping things fair and having the right members pay the right level of premiums, providing good default cover, and keeping effectively our premium rates in that default setting as competitive as they can be.

OnePath has also continued its strong showing in this years awards with a Bronze in this category for its OneCare – Life Cover Super product.

ANZ Global Wealth head of life insurance Gerard Kerr said linking insurance to superannuation has been part of its success as has been the willingness to take large positions with business insurance of up to $10 million in TPD cover.

We recognise that people use life insurance for different reasons. Some use it for, say, funds protection. Quite often people use it for business protection. And what you need in a business environment can be slightly different to what you need in a personal funding environment, Kerr said.

We try and focus on is how much product flexibility or product functionality we can introduce because quite often advisers when they help their clients like the ability to be able to tailor to their needs as much as possible.

How Working on a Cruise Ship Could Boost Your Finances

by Shelton on December 30th, 2014

filed under Finances

Are you drowning in
debt and ready to consider a pretty drastic
alternative to get rid of it? If you’re ready to leave your regular
nine-to-five life behind, let your lease expire and go on an adventure, cruise
ships could be the place for you.

Pros of Ship Life

The number one reason
to join a cruise line is to save money. Your housing is covered the entire time
you’re at sea. You will also be fed in the crew mess. Some lines allow certain
positions to mingle with the guests and eat in their areas. This allows you to
put nearly everything you make into paying off any existing debts and saving
up a nest egg.

You get to travel the
world for free. Cruise ships go nearly anywhere there’s water – from
transatlantic crossings to tiny river cruises. It’s not uncommon on many lines
for crew members to be allowed to escort tours for free.

Another perk is the
crew bar. Whereas the rest of the ship often marks up drinks and food at a
steep price to passengers, in the bowels of the ship where the crew bar
resides, refreshments are served nearly at cost. That helps you save money
while you unwind, too.

Another benefit is that
you get to work with people from all walks of life, from recent
college grads getting a taste of the world to cruise ship lifers from
third-world countries. You’ll have the chance to broaden yourself and your own
life through your new friends.

Cons of Ship Life

The biggest con of
working for a cruise line is your schedule. The majority of positions work four
to six months on and two months off. It’s not unusual to find that during your
four to six months on, you do not have a single day off.

Another downside is
that the hours can be very long. Cruise lines are required to adhere to laws
set forth by the International Maritime Organization, but even then it is not
unusual to work multiple (perfectly legal) 12 hour days in a row.

To get a job on a
cruise ship, you have to submit to a rather extensive physical, complete with
blood work. Some companies will cover all or part of this expense, while others
will expect you to foot the bill which can be upwards of $300. Cruise ships are
also germ magnets and if you haven’t heard of Norovirus before, you will, and
you don’t want to go out to sea without making sure you’re up on all available
vaccines.

You may also have to
pay for any luggage fees to get your belongings to and from the ship. If you’re
applying with an extreme budget line, you may even have to pay your own way to
and from the ship, so that’s another startup cost to consider.

That being said, don’t
apply to one of those lines! Covering your transportation to and from the ship
is pretty standard with most reputable cruise lines, so make sure you’re
heading out with the best.

Types of Jobs to
Consider

There’s a good chance
that almost any job you do on land has a cruise ship counterpart. Are you a teacher?
You could work as youth staff member in the summer on a ship.

Got waitressing or
bartending experiences? Cruise lines have multiple restaurants and bars on
every ship. Been
an accountant for the last 10 years? Each ship has a purser and a crew
purser who deal with all the funds onboard.

Experience with
security? Every line has a fleet of security guards employed to keep the
passengers and crew safe. Ships have a wide variety of other positions like
information technology officers, medical personnel, musicians, housekeepers,
cooks, art auctioneers, tour guides, front desk help and many more roles.

How to Find Them

Is your interest
piqued? The best way to find a job with a cruise line is to apply directly
through each different line’s website. There are also companies that work as
cruise line recruiters and can help you get a job on a ship through them. Here
are a few of the larger ones include Viking Recruitment, Steiner, Proship
Entertainment and Stiletto Entertainment. Working on a cruise ship could be
just what you need to get
your finances back on track.