The most recent examples involve companies called “Hempford Finance Center” and “Metta Capital Funding,” both purporting to be based in Portland.
Jessica Hall
Posted inNews
Cigna to repay Mainers $2.6 million
The health insurer failed to meet an Affordable Care Act requirement that it spend 85 percent of premiums on medical care.
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Posted inBusiness, News
Fourth of July traffic in Maine won’t be too bad, researchers say
The state should see less than half of the 53,000 vehicles it saw on July 4th of last year, according to the Center for Tourism Research.
Posted inNews
Four companies penalized for health-insurance scam, Maine says
The companies are told to pay $260,000 in addition to restitution and interest and to stop doing business in the Pine Tree State.
Posted inBusiness, News
Four companies accused of insurance fraud in Maine
The Insurance Superintendent said the companies must cease doing business in Maine and pay $260,000 in civil penalties in addition to restitution and interest.
Posted inBusiness, News
Camden National Bank to sell two branches
The First will buy the 63 Union Street branch in Rockland and the 145 Exchange Street building in Bangor.
Posted inBusiness, News
Young Maine upstarts blaze a trail
With passion and a bit of daring, Maine entrepreneurs have launched businesses in challenging economic times.
Posted inBusiness, News
Wednesday’s not exactly their first choice for Fourth
Maine businesses that cater to tourists worry about not having a long weekend this year, but silver linings abound.
Posted inBusiness
Maine paychecks a little bigger in first quarter
Personal income rose by a solid 0.85 percent, a positive sign for hiring, spending and growth.
Posted inBusiness, News
Portland Jetport to get LEED Gold certification
The Gold certification is the second-highest rating for the design, construction and operation of “green” buildings.