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By Staff Report / Wednesday, November 24th, 2010 / Latest news / Comments Off on Santa Barbara man pleads guilty to Ponzi scheme charges
A Santa Barbara man pleaded guilty Nov. 23 to fraud charges that could land him in federal prison for up to 33 years.
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By Staff Report / Monday, November 22nd, 2010 / Latest news, Nonprofits / Comments Off on Montecito Bank & Trust hands out $1M
Montecito Bank & Trust bank officials handed out $1 million in checks to 163 organizations located from Solvang to Westlake Village.
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By Staff Report / Wednesday, November 17th, 2010 / Latest news / Comments Off on Venoco drops Ellwood drilling plans
Venoco has dropped its plans to expand oil drilling from its Platform Holly off the coast of Santa Barbara County. In a brief letter sent to the California State Lands Commission on Nov. 9 and widely circulated by environmental groups on Nov. 16, Venoco said it “hereby withdraws its application for its Ellwood Full Field Read More →
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By Staff Report / Tuesday, November 16th, 2010 / Latest news, Real Estate / Comments Off on Borders to close Santa Barbara store
National book retailer Borders is closing its downtown Santa Barbara store amid a nationwide wave of store closings. Jason Roy, the general manager of the 900 State St. location, told the Business Times on Nov. 16 that the store would be closing in January. “It’s sad that this Borders is leaving State Street,” said Roy, Read More →
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By Staff Report / Monday, November 15th, 2010 / Latest news, Tri-County Economy / Comments Off on Ventura County launches eco-devo ad blitz
A coalition of economic development groups in Ventura County launched a federally funded campaign on Nov. 15 to sell the county as the ideal spot to build a business. The initiative is headed by the Workforce Investment Board of Ventura County, with participation from the Economic Development Collaborative-Ventura County, chambers of commerce in the county Read More →
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By Staff Report / Monday, November 15th, 2010 / Latest news, Small Business / Comments Off on Santa Barbara restaurant owner sells Seagrass
Prolific Santa Barbara restaurateur Mitchell Sjerven announced Nov. 15 that he has sold Seagrass Restaurant to a family that recently relocated to Santa Barbara. Terms of the deal were not disclosed. The buyer is the Perez family: chef Robert Perez, his wife, Marianna Perez, and their sons Ruben and Richard. They moved recently from Nevada Read More →
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