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Fired UBS Adviser Reignites Palm Beach Scandal Over Rich Widow

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“Holy crap!” That’s how Craig Price, a UBS AG senior vice president , told securities regulators he reacted when he saw the $2,600 tab for a client-development dinner he attended at an upscale Palm Beach , Florida, restaurant. It wasn’t the size of the bill that stunned him. It was who paid for it -- an ailing, 90-year-old UBS client. The client wasn’t even at the dinner, but the broker who managed her trust was. So was the broker’s girlfriend, a longtime confidant of the client who had power of attorney over the trust. The trust paid the bill. Price dug deeper . He says he ultimately discovered bigger charges to the trust: a Bentley in the girlfriend’s name, a trip to Toronto on a private jet and an attempted fund transfer to buy a penthouse apartment in the girlfriend’s name. Nancy Tsai and Dennis Melchior Photographer: Patrick McMullan/PMC Price alerted his superiors, setting off a chain of events that would become tabloid fodder. The broker, Dennis Melchior, was quickly fired fo...

Dental assistant expands role to be tooth fairy

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UPDATE (MONDAY, 3:00 p.m.)-  According to Klass Kids, a prayer service is being held Monday night for missing Naomi Jones at 6 o’clock. The prayer service will be held at Olive Baptist Church (the main site) located at 1836 E Olive Rd, Pensacola, FL 32514. UPDATE (MONDAY, 12:45 p.m.) – Law enforcement established a checkpoint Monday afternoon outside the apartment complex of Naomi Jone’s mother. The checkpoint is on East Johnson Blvd outside the Aspen Village Apartments . 12-year-old Naomi Jones has been missing from her Pensacola home since last week. Officers tell News 5 that the checkpoint is being used to check vehicles and hand out flyers of the missing girl. If you have any information about Jones, please call 9-1-1. BREAKING:  (MONDAY, June 5th 2017, 6:54 a.m.) Law Enforcement is assessing whether the search for 12-year-old Naomi Jones is still a rescue operation or whether it has become a recovery effort, Sheriff David Morgan said during a press conference early Monda...