Controversy Surrounds Hutchinson Center Bid, TD Bank Fined $20m

UMaine finance executive rescinds Hutchinson Center bid award, sparking controversy. TD Bank hit with a $20 million fine by US consumer finance watchdog. Plus, Amplifire adds finance chief, showcasing strategic growth. Former Williamsport finance director allegedly directed payments to 'ghost employees'. Stay informed with Simply Finance as we cover these important financial stories and promote transparency and accountability in the industry.

Sources:
https://waldo.villagesoup.com/news/umaine-finance-executive-rescinds-hutchinson-center-bid-award/article_2d63327a-7160-11ef-bde9-ef0a9cbf2c4d.html
https://globalinvestigationsreview.com/article/td-bank-fined-20m-us-consumer-finance-watchdog
https://bizwest.com/2024/09/12/amplifire-adds-finance-chief/
https://www.sungazette.com/news/top-news/2024/09/former-williamsport-finance-director-allegedly-directed-payments-to-ghost-employees-for-performing-no-work/

Outline:
(00:00:00) Introduction
(00:00:38) UMaine finance executive rescinds Hutchinson Center bid award
(00:04:10) TD Bank fined $20m by US consumer finance watchdog
(00:06:57) Amplifire adds finance chief
(00:09:19) Former Williamsport finance director allegedly directed payments to ‘ghost employees’ for performing no work