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Aurora Financial Services

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Consumer Credit Counseling Service, a program of the Aurora Center for Financial Wellness, helps people get back on track when their lives are ...

Foster & Associates Taps CEO for Aurora Plastics

February 23, 2017 – Executive search firm Foster & Associates has placed Darrell K. Hughes as chief executive officer of Aurora Plastics Inc.  Robert Foster, the firm’s president, led the assignment.

Mr. Hughes replaces Jim Domo who left the company at the end of last year. He previously served as vice president and general manager of the pressure sensitive materials business at Avery Dennison North American. Prior to that, he worked at GE Plastics, where he held successive positions as general manager of global business development, general manager of the RTV and elastomers business, and president and general manager for specialty film and sheet.

“Aurora has a strong track record of organic growth based on excellent product technology, quality and customer service, “said Mr. Domo. “With the company’s recent change in ownership to Wind Point Partners / Ontario Teachers’ Pension Plan, and now the addition of Darrell, Aurora can build on its strengths and add additional focus on growth.” Wind Point Partners acquired Aurora Plastics last August.

IRS strikes back as agents make big dent in identity theft

“It’s a much more challenging time for the cybercrooks,” said Mark Ciaramitaro, vice president for retail tax products and services at H&R Block. “All of the easy paths have been closed.”

Identity theft exploded from 2010 to 2012, and “for a time overwhelmed law enforcement and the IRS,” said John Dalrymple, deputy IRS commissioner for services and enforcement.

At the IRS, it peaked in 2014, when the agency identified more than 766,000 victims. That same year, the IRS blocked 1.8 million in fraudulent refunds from being issued. They totaled $10.8 billion.

“We’ve driven a lot of the fraud out of the system,” Dalrymple said.

The IRS is a popular target for sophisticated identity thieves because the agency issues more than $300 billion in tax refunds each year.

Several years ago, it was as simple as using another person’s Social Security number and birthdate to fill out a fake tax return claiming a big refund. If thieves filed the return early in the tax filing season — before the legitimate taxpayer — they could get refunds before the IRS received verifying financial information from employers, banks and brokers.

Is the recession over?

Hey, look at that idiot right above me blaming conservatives. We have been telling them for months and months that a mega-depression is coming. We told them they were a big fail. We told them they were like locusts...destroying and then pointing the finger.