Home  »  Archives

April, 2009

Tribe’s casino pact with white men suspect

Written on 28 Apr, 2009 in Uncovered SLO | 11 comments

By KAREN VELIE and DANIEL BLACKBURN A secret, decade-long, eight-phase strategy by a group of local investors – including one notorious individual now under investigation for fraud – outlines plans for construction of a Indian gaming casino in San Luis Obispo... (Continue reading)

EFI judge slashes lawyer fees

Written on 23 Apr, 2009 in Uncovered SLO | 3 comments

By KAREN VELIE A federal bankruptcy judge slashed fee requests and ordered professionals working on the Estate Financial Inc. (EFI) bankruptcy to practice frugality in an attempt to protect assets for EFI investors at a hearing on Wednesday in Santa Barbara... (Continue reading)

Los Osos sewer project tainted by ’expired’ crime

Written on 22 Apr, 2009 in Uncovered SLO | 13 comments

By DANIEL BLACKBURN County planning commissioners Thursday will consider a proposal for construction of Los Osos’ contentious wastewater project, a mission now shadowed by a documented crime. Despite the existence of substantial evidence of unlawful backdating of key contract agreements, executed by... (Continue reading)

Hurst’s Miller alleges Shores brothers defrauded investors

Written on 6 Apr, 2009 in Uncovered SLO | 6 comments

By KAREN VELIE Prominent North County developer Jimmie Shores says he doesn’t have to repay a $700,000 hard-money loan because his brother, Ronnie Shores, stole the money, while Hurst Financial President Jay Miller, maintains the Shores are trying to defraud investors. “I... (Continue reading)

Heritage Oaks Bank versus the investors

Written on 4 Apr, 2009 in Uncovered SLO | 2 comments

By KAREN VELIE and DANIEL BLACKBURN Heritage Oaks Bank is battling with Estate Financial Inc. and Hurst Financial investors over first place in the quest for financial compensation. Attorneys for the bank are chasing first position in the pursuit for assets of... (Continue reading)

Chancellor immobilizes Cal Poly’s proposed fee increase

Written on 1 Apr, 2009 in Uncovered SLO | 2 comments

By KAREN VELIE California State University Chancellor Charles B. Reed informed California Polytechnic State University President Warren Baker that he will not approve a student fee increase at this time, said Cal Poly Provost Bob Koob Tuesday. Students voted earlier this month... (Continue reading)