New Hires/Promotions in the Leasing Business
and Related Industries

Glen Bindelglass joined Lendzee as Partner Manager, Strategic Sales, Las Vegas, Nevada. He is located in Moorpark, California. Previously, he was at Jumpstart Finance (September, 2024 - June, 2025); Unsecured Funding Source, starting as Senior Loan Advisor, June, 2021, promoted Director of Advisory Services/Senior Loan Advisor (August, 2023 - September, 2024). Full Bio:
https://www.linkedin.com/in/glen-bindelglass-4962609a/details/experience/
https://www.linkedin.com/in/glen-bindelglass-4962609a/

Craig Shipley was hired as Vice President, Private Equity, Dext Capital, Lake Oswego, Oregon. He is located in Chicago, Illinois. Previously, he was Chief Commercial Officer, Wingspire
Equipment Finance (2023 - 2025); Investor, barre3 (2018 - 2024); Executive Vice President, Bank Financial Equipment Finance, Bank Financial (2022 - 2023); Chief Operating Officer/Advisor, Ka/Ching, Inc. (2019 - 2023). Full Bio:
https://www.linkedin.com/in/cshipley1/details/experience/
https://www.linkedin.com/in/cshipley1/

Ricardo Sodakh-Dorantes, CLFP, CTA, was promoted Vice President of Vendor Sales, UniFi EF, Bank of Ann Arbor, Ann Arbor, Michigan, where he is also located. He joined Unifi January, 2014, Relationship Manager, promoted Senior Relationship Manager, (February. 2024- July. 2025); Relationship Manager (January, 2024 - February, 2024); Senior Sales Associate, MetroPCS (November, 2010 - December, 2013).
https://www.linkedin.com/in/ricardo-sondakh-dorantes-clfp-cta-3831b08b/

Derick Walker was promoted to National Business Development Manager, Western Equipment Finance, Marshall, Minnesota, where he is also located. He joined Western as Business Development Specialist II (January, 2022 - July, 2025). Previously, he was Consumer Banker, Bremer Bank (November, 2020 - January, 2022); Leasing Specialist 4, U.S. Bank (November, 2019 - November, 2020): Full Bio:
https://www.linkedin.com/in/derick-walker-549594193/details/experience/https://www.linkedin.com/in/derick-walker-549594193/

[headlines]
--------------------------------------------------------------

Google Sites Suffer Drastic Drop in Web Traffic
While Still Making a Lot More Money

Google sites have suffered a drastic drop in web traffic
since Google added AI search — some as much as 79% in Traffic.
https://www.theguardian.com/technology/2025/jul/24/ai-summaries-causing-devastating-drop-in-online-news-audiences-study-finds

Reason for Change --- Here is one from Yahoo: Rank Higher, Faster, with AI-Powered Keyword Research Tools
https://www.s.com/=1308419166858204&b_adid=
81776312488821&b_campaign=Core12_SRCH_Keyword_Magic_Tool_BING&b_
campaignid=412591842&b_isproduct=&b_productid=&b_term=%2Bkeyword%20%2Boptimization&
b_termid=kwd-81776379190&cmpid=412591842&agpid=1308419166858204&BU=Core&extid=&adpos=&match
type=b
&msclkid=0381a486525910f3982dcc05ecddc95a&utm_source=bing&utm_medium=cpc&utm
_campaign=Core12_SRCH_Keyword_Magic_Tool_BING&utm_term=%2Bkeyword%20%2Boptimizati

Search Labs reports, “Google has reportedly invested an additional $1 billion into the AI startup Anthropic, building on a previous investment of $2 billion, and cloud computing services. This brings Google's total investment in Anthropic to over $3 billion. The investment is part of Google's strategy to strengthen its position in the competitive AI landscape and gain access to Anthropic's advanced AI models and technologies, according to reports from CNBC and the Financial Times

Kris Roglieri's Asset Liquidation Yields Minimal Recovery
   No Where Near Claims, Will Disappoint Creditors
 Coleman Reports by Bob Coleman, Founder and Publisher

Leasing News Legal Editor Ken Greene, Esq. broke the story originally and has been following it, submitting here the latest report, from Bob Coleman "Fraud Friday, You Tube Channel:

Kris Roglieri remains in jail following his May 2024 arrest on fraud charges and allegations of threatening FBI agents. His bond was revoked and, after moving through several attorneys, he’s now represented by public defenders. The court has set a firm trial date for January 2026, with no further delays.

As legal proceedings advance, attention has shifted to the liquidation of Mr. Roglieri’s assets and what those assets actually returned once sold.

Roglieri was known for his high-end lifestyle, which included luxury vehicles and an extensive art collection. One of his Ferraris was recorded speeding over 160 mph on an interstate near Albany. That car, along with others and a large trove of artwork, was sold off by the court-appointed receiver.

The art was eclectic, much of it gangster-themed, including an Andy Warhol screen print of John Gotti that sold for $16,000. Several other pieces were auctioned at surprisingly low prices:

• Archangel Michael (17th-century Roman): $800
• 19th-century English landscape: $350
• Total from artwork and collectibles (with buyer premium): $139,000

The Saratoga Automobile Museum handled the auction of Roglieri’s vehicles, artwork, and statuary. The auction brought in $144,000, but expenses quickly consumed a large portion of that total:

• Buyer’s premium: $11,000
• Sales tax: $7,000
• Auctioneer commission: $11,000
• Out-of-pocket expenses: $39,000 (marketing, appraisal, storage, ballroom rental)

In total, roughly 40% of proceeds were lost to transaction costs, sharply reducing the recovery available to the trustee.

One of Mr. Roglieri’s most valuable assets, a 14-acre estate outside Albany, was also put up for sale. The 10,000-square-foot Tudor-style home, described by the Albany Times Union as a “mansion,” sold for $1.6 million. But like the rest of the asset pool, liens and fees left little behind:

• 1st lien: $632,000
• 2nd lien: $341,000
• Back taxes and penalties: $320,000
• Homestead exemption: $89,975
• Net to trustee (before other fees): $217,000

Additional real estate fees and costs will further shrink the trustee’s final take.

All asset sales are part of an involuntary bankruptcy proceeding tied to Roglieri’s company, Prime Capital, which is accused of orchestrating an $80 million fraud scheme. The trustee is pursuing both personal and business assets to compensate victims and creditors. Despite the sales, none of the proceeds have been used for Mr. Roglieri’s defense.

There is growing speculation that co-conspirators may be cooperating with prosecutors. Recent indictments indicate that additional pressure is building ahead of trial.

Bob Coleman, Founder, Editor
Coleman Publishing
(818) 790-4591
28081 Marguerite Pkwy #4525,
Mission Viejo, CA 92690-4525
https://colemanreport.com/
https://colemanreport.com/coleman-report-premium/

Coleman Report’s Bob Coleman is Out With a New Book:
“Easy Money, Hard Time”
https://debanked.com/2025/07/coleman-reports-bob-coleman-is-out-with-a-new-book-easy-money-hard-time/

Ken Greene    
Law Office of Kenneth Charles Greene
5743 Corsa Avenue, Suite 208
Westlake Village, California 91362
Tel: 818.575.9095
Fax: 805.435.7464
ken@kengreenelaw.com
www.kengreenelaw.com

[headlines]
--------------------------------------------------------------

Leasing and Finance  Help Wanted
Balboa Capital
We Are Growing Our Senior Sales Team Now

[headlines]
--------------------------------------------------------------

Suggested a Few Years Ago, Perhaps,
 UCC Search Again Your Top Clients
 By Scott Wheeler, CLFP

It is worth the small cost and time to check out some of you
top clients to learn what is going on.

The test is easy:
Conduct a UCC search on its top 20 end-users and see if any other finance or leasing companies had fillings within the past 18 months. The results showed that 60% (12 out of 20) of its very best clients had UCC filings secured by equipment filed by other finance and leasing companies within the last 12 months. (The number was higher for 18 months.) The results don't suggest that these end-users have moved on or that the company's relationships are poor.
The exercise suggests that even the company's best clients have options (equipment vendors are constantly presenting financing and leasing options, competitors are constantly soliciting the company's clients). However, the exercise also suggests that business is not always being captured and there is possible untapped potential - even with the company's best clients.
The sales team of the company mentioned above agreed to make the following changes:

• To acknowledge that every client is presented with multiple options on every transaction, to explore what options are being considered, and to determine what it needs to offer to win every transaction. There is no shame is losing a deal if you know why.
• To know the client's decision-making process. When does it have an advantage and when is it not in the mix to win a transaction? And why?
• To make sure that every client understands the company's full capabilities. The company may be missing opportunities because clients do not know the company's full capabilities.
• To fully understand competitors' strengths and weaknesses so that it can win more transactions.

If the above UCC results are true for the top 20 clients, just imagine the results for average clients. What business are you leaving on the table because you are not considering all the options that your clients have in today's market? Top originators are aggressively winning transactions because they are outperforming their competition rather than assuming they are the only option available or being considered.

Available Amazon:
https://www.amazon.com/Call-Action-Commercial-Equipment-Professionals/dp/1508750378/ref=sr_1_1?crid=UGGXFTQG66HY
&dib=eyJ2IjoiMSJ9.HhDrqQIB5eChYRdbfuR5RiarP4aC68BBR_uwbt71lgtjMRtWQLuAO-cI6rztTlJoXqzS5pzZBhowQGlkRY-YyuAP6F8yfJGh-XGjBQPyg7g.O-vX43_K8yr2oTgvOEygBBbDeb1f1XhGv0XYhBc4_qU&dib_t
ag=se&keywords=call+to+action+scott+wheeler&qid=1753
207896&sprefix=call+to+action+scott+wheeler%2Caps%2C157&sr=8-1

Scott A. Wheeler, CLFP
Wheeler Business Consulting
1314 Marquis Ct.
Fallston, Maryland 21047
Phone: 410 877 0428
Fax: 410 877 8161
Email: scott@wheelerbusinessconsulting.com
Website: https://www.wheelerbusinessconsulting.com/

[headlines]
--------------------------------------------------------------

Top Ten Most Read by Readers
July 21 - July 24

(1) UPDATE:   Financial Pacific Leasing
A subsidiary of Umpqua Bank
https://leasingnews.org/archives/Jul2025/07_21.htm#fin

(2) New Hires/Promotions in the Leasing Business
and Related Industries
https://leasingnews.org/archives/Jul2025/07_24.htm#hires

(3) New Hires/Promotions in the Leasing Business
and Related Industries
https://leasingnews.org/archives/Jul2025/07_21.htm#hires

(4) Pedro Enrique Wasmer Obituary
Past President, Somerset Capital Group, Ltd.
    Bridgeport, Connecticut
Born August 10, 1940
https://leasingnews.org/archives/Jul2025/07_21.htm#wasmer

(5) Randy Haug, Leasing Person of the Year 2024,
was Appointed Honorary Ambassador of the
Guild of Business Finance Professionals
https://leasingnews.org/archives/Jul2025/07_24.htm#haug

(6) GreatAmerica Announces Application to Establish  
  National to Establish National Bank and Acquire
    Heritage Bank
https://leasingnews.org/archives/Jul2025/07_21.htm#ga

(7) Market Tension and Strategic Shifts
By Rita Garwood, Editor in Chief, MonitorDaily & ABF Journal
https://leasingnews.org/archives/Jul2025/07_24.htm#100

(8) List of 2025 AACFB Commercial Finance
  Expo Exhibitors: to Plan Your Exhibit Time
      September 10-12, Austin, Texas, Register
Plus Hotel Info, Riverboat Cruise & More
https://leasingnews.org/archives/Jul2025/07_24.htm#list

(9) Just Do It!
By Scott Wheeler, CLFP
https://leasingnews.org/archives/Jul2025/07_24.htm#just

(10)  How Did the Number of People Missing After
Texas Floods Drop So Drastically?
https://www.nytimes.com/2025/07/20/us/texas-floods-missing.html

[headlines]
--------------------------------------------------------------

#### Press Release #######################

“The Loan Rangers” Celebrates 30 Years of Empowering Small Businesses
with Easy Equipment Leasing Solutions

ST PETERSBURG, FL. - ELEASE, a trusted provider of equipment leasing solutions, is celebrating 30 years of helping small and mid-sized businesses grow. Since 1995, the company has provided flexible financing options that make it easier for business owners to acquire the equipment they need without large upfront costs.

Founded with the vision of offering the easiest path to equipment ownership, ELEASE has served thousands of clients with personalized leasing solutions. From office technology to manufacturing machinery and specialty tools, the company helps businesses get what they need to operate and expand.

Tom Williams, President and CEO of ELEASE, stated, “We understand the challenges business owners face when trying to grow, Our goal has always been to simplify the process, offer real support, and help our clients succeed. That mission hasn’t changed in 30 years.  We are excited for the future with a dedicated and talented young team.  In many ways we are just getting started.”
Known as “The Loan Rangers,” the ELEASE team brings deep experience and a hands-on approach to every client relationship. They take the time to understand each business’s story, goals, and challenges, looking far beyond just credit scores or financial statements. Every application is reviewed by a real person who is focused on finding a path forward. The process is straightforward, personal, and built to meet the unique needs of each client.

As the company celebrates this milestone, its focus remains on helping small businesses access the tools and equipment that move them forward.

About ELEASE
Founded in 1995, ELEASE is a provider of flexible equipment leasing solutions for small and medium-sized businesses. With a commitment to simplifying the leasing process, ELEASE offers tailored financing options for a wide range of industries. The company has helped thousands of businesses grow and succeed by providing easy access to the equipment they need without the burden of high upfront costs.

Tom Williams
Tom@ELEASE.com / (727) 692-880
https://www.elease.com/

### Press Release ###########################

[headlines]
--------------------------------------------------------------

Conferences and Forums  
Commercial Finance/Leasing Finance

September 10-12: AACFB Commercial Financing Expo, Austin, Texas
Hotel Details: AT&T Hotel and Conference Center 1900 University Avenue, Austin, TX 78705
https://members.aacfb.org/Expo/

List of Exhibitors
https://members.aacfb.org/Expo/Expo/Exhibitors.aspx

Charity Cruise in Austin
Sept. 10:  6pm - 8pm - $85.00
Dinner, drinks, Riverboat Cruise
https://conta.cc/40Oqh9J 

Mel Vinson, CLFP, Vice President of Marketing and Development, CLFP Foundation, will be covering The conferences for Leasing News reads.

September 17: Brokers Expo NYC Center415 on Fifth Avenue in Midtown 
Register Now:
https://thefundersforumbrokerexpo.com/ny/.
Information
info@thefundersforumbrokerexpo.com
Why Attend?
!
Don Cosenza, CLFP, will cover the Expo as he did last year for Leasing News readers.

October 14-16: National Equipment Finance Association Fall Conference, Renaissance Hotel, Minneapolis, Minnesota
Registration and Information
https://members.nefassociation.org/Online/iCore/Events/Event_display.aspx?
EventKey=FLCONF25&hkey=4aadd378-30dd-4c01-ad48-05e0ecaace0c
Vicki Shimkus, CLFP, Balboa Capital Relationship Manager, will be covering the conference for Leasing News readers.

October 26-28: ELFA 64th Annual Convention, Marco Island, Florida
Registration opening July 14
https://www.elfaonline.org/events-new/event-detail/elfa-64th-annual-convention
Randy Haug, LTi Technology, will be covering the conference for Leasing News

October 28-29: DeBanked B2B Finance Expo, Wynn, Las Vegas, Nevada
B2B Finance Expo is back for its highly anticipated second edition at the Wynn Las Vegas! We're thrilled to once again partner with the Small Business Finance Association (SBFA) to deliver an even bigger and better experience, uniting top professionals in the commercial finance industry.

As noted earlier, Bob Coleman, Coleman Reports, new book will be available as Well as he will be a speaker. Coleman Report’s Bob Coleman is Out With a New Book:    “Easy Money, Hard Time”   https://debanked.com/2025/07/coleman-reports-bob-coleman-is-out-with-a-new-book-easy-money-hard-time/

Questions? Email us at events@debanked.com

To Update, please email:  kitmenkin@leasingnews.org

[headlines]
--------------------------------------------------------------

Where the World's Richest People Live
By Country - Graphic

• The United States dominates global wealth, accounting for over a third of the world’s millionaires and nearly 40% of centi-millionaires.
• China ranks second in all wealth tiers but has a much steeper drop-off in ultra-wealthy individuals compared to the U.S., especially among billionaires.

The global distribution of wealth reveals a highly concentrated landscape.

Source: Visualcapitalist.com

News Briefs

Bob Sweeney reported passed away, formerly CFO National Funding, EVP CHief Fincnail Officer, Diret Capital, American Express and Rockford Industries. Hopefully more information in Wednesday's News edition. Capital

Trump Announces US and EU Reacher 15% Across-the-board  from previous 10% Trading
https://www.cnn.com/2025/07/27/business/trump-us-eu-trade-deal

Japan says $550 billion package in trade deal
   could finance Taiwanese chipmaker in US
 Also to Invest Trillions in US, as part of the deal
https://www.cnn.com/2025/07/27/business/trump-us-eu-trade-deal

Tesla is reportedly bringing a limited version
   of its robotaxi service to San Francisco
https://techcrunch.com/2025/07/25/tesla-wants-to-bring-its-robotaxis-to-san-francisco-heres-whats-standing-in-the-way/

Boeing machinists reject new contract
   as company now preps for imminent strike
https://nypost.com/2025/07/27/business/boeing-machinists-reject-new-contract-as-company-now-preps-for-imminent-strike/

Europe charts nuclear path forward with Iran
https://www.courthousenews.com/europe-charts-nuclear-path-forward-with-iran/

Intel slides after CEO struggles to show turnaround
    on track
https://www.mercurynews.com/2025/07/25/intel-slides-after-ceo-struggles-to-show-turnaround-on-track/

The Housing Market Is Frozen. Zillow’s C.E.O.
   Knows You’re Still Scrolling
https://www.nytimes.com/2025/07/27/business/zillow-house-prices-sales.html

Health-Ade Kombucha Sells for $500 Million
https://www.wsj.com/business/deals/health-ade-kombucha-nears-sale-to-beverage-brand-group-for-500-million-8e5eaa59?mod=business_feat1_deals_pos2

Meghan Markle Wine Not Selling, deal to fall apart
https://www.the-express.com/news/royals/178554/meghan-markle-dealt-another-blow

[headlines]
--------------------------------------------------------------

Denied federal flood relief,
    a Maryland town is left on its own
https://www.washingtonpost.com/dc-md-va/2025/07/27/allegany-county-flood-recovery-fema/

[headlines]
--------------------------------------------------------------

Sports Briefs---

 

[headlines]
--------------------------------------------------------------

California News Briefs---

California Planned Parenthood to close five Northern California clinics,  including in San Mateo and Gilroy
https://www.mercurynews.com/2025/07/24/planned-parenthood-closing/

Closure of Sears store in Burbank leaves East Bay site    the last one standing in California
https://www.eastbaytimes.com/2025/07/25/sears-in-burbank-to-close-the-last-in-southern-california/?campaign=ebtbreakingalert&utm_email=44CB2489F5F4B4CD94A5B48EAB&
active=no&lctg=44CB2489F5F4B4CD94A5B48EAB&content=alert&utm_source=listrak
&utm_medium=email&utm_term=https%3a%2f%2fwww.eastbaytimes.com
%2f2025%2f07%2f25%2fsears-in-burbank-to-close-the-last-in-southern-california%2f&utm_campaign=bang-east_bay_times-breaking_news_alerts-nl&utm_content=alert

[headlines]
--------------------------------------------------------------

Gimme that Wine

 

http://www.youtube.com/watch?v=EJnQoi8DSE8

Paso Robles Winemakers Gear Up for a Promising 2025
https://www.winebusiness.com/news/article/305957

Syncline Winery owner shares devastating impact of
    Burdoin Fire on vineyard
https://katu.com/news/local/syncline-winery-owner-shares-devastating-impact-burdoin-fire-vineyard-wine-wildfire-graps-damage-firefighhters-klickitat-county

'White House rescinds $20m for clean water in
   pesticide-contaminated rural California
https://www.theguardian.com/us-news/2025/jul/24/water-pesticide-polution-california-trump