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Northwest Asian Weekly

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Local Asian-owned bank accused of Ponzi scheme

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Regal Financial Bank, a small bank in Seattle, was sued earlier this month by a group of 4,200 Indonesian investors over accusations that it helped operate a $600 million Ponzi scheme. A Ponzi scheme involves a fraudulent investment operation that pays returns to investors from their own money (or money paid by subsequent investors) rather than from any actual profit earned.

Cascadia students amazed by Indonesian students

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Students in the Road to the White House class at Cascadia Community College recently participated in a real-time learning experience with students on the other side of the globe. In a videoconference at 6:30 p.m. Pacific time on Monday, Oct. 20, Cascadia students had a dialogue with students at two universities in Indonesia, where it was already 8:30 a.m. on Tuesday.

Travel through Asia as a volunteer

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Did you feel less than gratified after your last vacation as if basking in the sun or visiting far away places had lost some of its appeal? Perhaps the next time you plan a vacation you’ll add a new twist to your travel plans with a growing trend called “voluntourism,” where travel meets volunteering with a variety of projects around the globe.