News and Information

With heavy rain possible, be ready to slow down for safety

Tropical moisture could affect Arizona early next week

PHOENIX ‒ Keep an eye on the forecast and be ready to slow down with heavy rain possible early next week.

If tropical moisture enters the state, the Arizona Department of Transportation’s safety tips include turning on headlights while driving in threatening weather and, when roads are wet, reducing speed and maintaining a safe distance between your vehicle and the one ahead.

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Daily lane closures on the US 60 Pinto Creek Bridge postponed until early October

Daily lane closures on US 60 between Miami and Superior for the Pinto Creek Bridge replacement project have been tentatively rescheduled for Monday, Oct. 7, while pre-construction requirements are completed.

The Arizona Department of Transportation will send out an additional lane closure notice before work begins.

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Lost and Found or Safe and Sound: How to Solve Mysteries of Old Bank Accounts
Have you ever found an old bank statement, passbook, certificate of deposit or receipt for a safe deposit box and wondered if there is “lost” money or other assets waiting for you or a loved one? This is especially a common occurrence for people who serve as an executor of a deceased person’s estate or as a financial caregiver for an ill or elderly friend or relative. To help you research old bank accounts and, perhaps, recover something valuable, FDIC Consumer News offers these tips.
First determine whether the bank is open (perhaps under a different name), closed or has merged with another bank. The FDIC’s Bank Find, an online database that enables you to trace the history of any FDIC-insured institution, is at http://www2.fdic.gov/idasp/main_bankfind.asp. That Web site also has contact information for open institutions.
• If the bank is still open, “ask if it still has the account or safe deposit box in your name or the name of your loved one,” said Debi Hodes, an FDIC Consumer Affairs Specialist.
Note: If you inquire about someone else’s deposit account or safe deposit box, the bank will likely require you to produce documentation such as a death certificate and a court appointment as executor if the person is dead, or a power of attorney or similar directive giving you the legal right to handle these matters for a living person. The bank may be able to tell you what happened to the money or property.
The owner may have already closed the account (which FDIC officials say is frequently the case). The assets may still be at the bank. Or, the account may have been classified as abandoned after a period of time set by state law. If the latter, the bank would have transferred any money or valuables to the unclaimed property office in the state of the owner’s last known address. However, also be prepared for the bank to have no record of the account. “This can occur when the account Lost and Found or Safe and Sound: How to Solve Mysteries of Old Bank Accounts was closed or transferred to the state so long ago that it has been removed from the bank’s computer system and paper records,” noted Evelyn Manley, a Senior Consumer Affairs Specialist at the FDIC.
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SEC Charges ICO Incubator and Founder for Unregistered Offering and Unregistered Broker Activity
Washington D.C. — The Securities and Exchange Commission has sued ICOBox and its founder Nikolay Evdokimov for conducting an illegal $14 million securities offering of ICOBox’s digital tokens and for acting as unregistered brokers for other digital asset offerings.
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