Home prices in Tennessee are overvalued at twice the national average, according to a recent report by credit analyst Fitch Ratings. The report estimated national home prices were 11.1% overvalued during the fourth quarter of 2023. Tennessee experienced the biggest increase in homes being sold above their long-term average price — an estimated 20% to […]
Tag: inflated
Mexican cartel not only forced vendors to buy chicken at inflated prices, they sold them bad birds
MEXICO CITY (AP) — A Mexican drug cartel not only forced vendors to buy chicken at wildly inflated prices — they sold them chicken “not fit for human consumption,” investigators concluded this week. Prosecutors in the State of Mexico this week concluded a monthslong investigation that found the hyper-violent Familia Michoacana cartel had been forcing […]
Met Council engineer sues his employer, saying it illegally inflated cost of Southwest LRT
An engineer who worked on the troubled $2.9 billion Southwest light-rail line claims in a federal lawsuit he was demoted and his career sabotaged by the Metropolitan Council because he called out “unlawful activity” responsible for massive cost overruns. Michael Janish,a University of Minnesota-trained civil engineer, worked as the project controls manager on the 14.5-mileline […]
Politician ‘inflated’ checks, stole thousands while in office in Puerto Rico, feds say
A jury convicted a former legislator for Puerto Rico and her husband of stealing thousands in a yearslong scheme while she was in office. María Milagros “Tata” Charbonier was a legislator in the Puerto Rico House of Representative from 2013 to 2020, according to an August 2020 indictment filed in the United States District Court […]