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(KGTV) - Is a Danish bank really now offering the world's first negative interest rate mortgage?Yes.Jyske Bank has begun offering a 10-year mortgage at -0.5%Borrowers will make a monthly repayment as usual, but the amount still outstanding will be reduced by more than the borrower has paid.The bank can do this because it's able to borrow from institutional investors at a negative rate and is passing it along to customers.Of course, there are still fees and charges, so in the end the borrower will likely end up paying back a little more than they borrowed. 569
(CNN) -- If you're systematically stealing money from a bank vault, it may not be a good idea to post the evidence on your social media pages.A bank employee in Charlotte, North Carolina, allegedly stole ,000 from the bank's vault, according to a release from the United States Attorney's Office Western District of North Carolina.And he wasn't bashful about advertising to his social media followers the life of luxury he was funding.The release said a criminal indictment was unsealed this week in federal court following the arrest of Arlando Henderson, 29, by the FBI in San Diego. The unsealed indictment alleges Henderson stole cash out of the vault in separate allotments on at least 18 different occasions this year."Throughout July and August 2019, Henderson used a social media account to post several pictures of him holding large stacks of cash," according to the release.He then allegedly committed "loan fraud in connection with the purchase of a luxury automobile," it said.Henderson's numerous Facebook and Instagram photos depict him posing with stacks of cash, and the US Attorney's Office says he used the money to make a ,000 down payment on a new Mercedes-Benz.He allegedly also falsified bank documents to obtain a car loan from another financial institution to cover the remaining balance of the vehicle, prosecutors said.Henderson's Facebook and Instagram posts from September show him posing with a white Mercedes-Benz in Hollywood, California. He was arrested in San Diego about three months later on Dec. 4.CNN has reached out by phone and email to Henderson's federal public defender in California for comment, but has not heard back.He repeatedly stole cash from a bank vault, prosecutors sayAccording to details from the indictment contained in the release, Henderson allegedly took bank customers' cash deposits out of the bank vault for months.Many of those times, he deposited money into an ATM near the bank where he worked, according to the release."I make it look easy but this shyt really a PROCESS," he wrote in one Facebook post, part of a string in which he talked about building his "brand." That post, showed him him holding a stack of money and smoking a cigarette.Detailing information from the indictment, the release says that Henderson "destroyed certain documents" and that he "made, or caused others to make, false entries in the bank's books and records to cover up the theft."He could face decades in prisonHenderson has been charged with two counts of financial institution fraud, 19 counts of theft, embezzlement, and misapplication, along with 12 counts of making false entries, which carry a maximum penalty of 30 years and a million fine, per count.He is also charged with transactional money laundering, which carries a penalty of 10 years behind bars and a 0,000 fine.He appeared in US District Court in southern California earlier this month, according to the release, with the case set to be tried in North Carolina by the US Attorney's office in Charlotte. 3037
(KGTV) - Did a prison inmate really try to escape by posing as his teenage daughter?Yes!Police in Brazil say Clavino Da Silva took his 19-year-old daughter's clothes when she came to visit him.He somehow got ahold of a silicon mask and wig and tried to walk out of the prison. But the guards stopped him when he acted nervous.They say he left his daughter in the prison cell. She is now being investigated for her possible role as an accomplice.Da Silva faces disciplinary actions. 491
(KGTV) -- A brush fire erupted Friday in the South San Francisco area, burning parts of an iconic hillside sign and prompting evacuations in the area.Bay Area TV station KGO reported the fire broke out just before 12 p.m.South San Francisco Fire Department officials issued mandatory evacuation orders for several nearby neighborhoods as flames approached an area known as "Sign Hill."Aerial footage showed the blaze burning some letters on a massive sign on a hill that reads “South San Francisco The Industrial City.”Fire officials did not say how much acreage the fire has burned as of 2 p.m.The cause of the fire is unknown. 636
(KGTV) — Gov. Gavin Newsom has reversed parole for Charles Mason follow Leslie Van Houten, the fourth time a governor has stopped her release from prison.Newsom said Friday that Van Houten still poses a danger if released from prison.Van Houten is serving a life sentence for her part in helping Manson and others kill Los Angeles grocer Leno LaBianca and his wife, Rosemary, in August 1969. Van Houten was 19 years old at the time of the murders.Newsom has stopped her release once before, while former Governor Jerry Brown blocked it twice.Van Houten's attorney plans to appeal Newsom's decision.The Associated Press contributed to this report. 654