Following Three Bells Winery money trail helps explain why DA, FBI are interested in Estate

April 3, 2008

By KAREN VELIE and DANIEL BLACKBURN

Angry investors wondering where their money went after funding Estate Financial of Paso Robles may be on the road to an eventual explanation.

Whether that translates into returns for those who have put money into Estate is yet to be learned. What is known is that millions of investor dollars have apparently been misappropriated, misspent, or misdirected, according to an investigation by UncoveredSLO.com.

Now, law enforcement investigators from the San Luis Obispo County District Attorney’s office and the FBI have finally entered the picture with a “preliminary inquiry” into a growing litany of fraud allegations leveled by an ever-widening group of individuals. Joint interviews with investors are being conducted by the two agencies, according to some who have shared information.

Deputy District Attorney Steve VonDohlen confirmed the interviews: “We are talking to some of the plaintiffs, and the FBI,” he said this week. “It’s a preliminary inquiry. We are mindful that some of these complainants are well over 65 years of age. There may, or may not be, criminal wrongdoing here.”

Criminal or not, many of the financial transactions of Estate Financial principals Karen Guth, her son, Joshua Yaguda, and others with access to the lending company’s money, are interesting if confusing. As a result, the money trail often becomes tangled. (Information for this article was gathered from court documents, interviews with investors and lenders alike, and a variety of informed sources. Guth declined comment when contacted by telephone Thursday.)

Trying to answer questions about how money moved once it was invested with Guth, UncoveredSLO.com focused on the funding and construction of Three Bells Winery in Paso Robles. The probe discovered critical inconsistencies in many documents; identical names buried within a potpourri of limited liability companies; and questionable use of Estate Financial funds intended for development of the Paso Robles winery.

In 2006, Estate Financial President Guth and her vice president, Yaguda, under the name Third Press Partners LLC, and Al D’Amico, as Signature Homes LLC, became financially equal partners in Three Bells LLC. An operating agreement between the three holds Guth and Yaguda responsible for day-to-day management and record keeping of the winery project.

Three Bells LLC borrowed $3,665,720 from Estate Financial to construct the winery. Of that total amount, Estate Financial doled out approximately $1.4 million for actual building and other facility construction.

D’Amico allegedly snagged more than $1.2 million for his own personal use. Guth filed bankruptcy, claiming $6,199,929 in liabilities on the project and noting her failure, as an owner of the winery, to stay current on her loan payments.

“The question is, how you can foreclose on a property for $6 million when the construction loan was for $3.7 million, and the actual construction cost was only $1.5 million?” wondered one involved party who asked to remain unnamed.

Three Bells LLC filed a lawsuit June 18, 2007, against its non-managing partner, Signature Homes LLC; D’Amico individually; and D’Amico’s Town and Country Landscaping LLC, alleging fraud, intentional misrepresentation, conversion, breach of fiduciary duty, and imposition of constructive trust. The latter allegation suggested that D’Amico used his position as construction manager to rent equipment, purchase sod, and hire supervisors for property other than the winery.

“Yes, I am involved in both sides of the lawsuit, not as myself, but as separate entities. It’s a legal thing,” D’Amico said, responding to UncoveredSLO.com’s questions about why he would sue himself for fraud. He then added, “The case has been dismissed by mutual parties.”

A subsequent check of county records, however, shows the lawsuit has not been dismissed, and a case management conference is scheduled May 7 in San Luis Obispo County Superior Court.

D’Amico and Guth continue to work together on other projects despite their mutual, intertwining litigation. On August 1, Guth signed over six deeds of trusts to D’Amico valued at approximately $77,000 each.

“That was reimbursement for money she (Guth) owed me for out of pocket expenses,” D’Amico said.

D’Amico contends the loan for the winery project was never properly funded.

“What happened to the money is the million-dollar question,” D’Amico said. “She (Guth) foreclosed on herself. She will own the property in a month or two and I will be out of the picture.”

Guth allegedly sent a letter to a number of investors placing the blame for the demise of the winery investment on D’Amico’s shoulders.

“I lent the money to Estate Financial and she is responsible to live up to her promises,” said one winery investor. “The money lost to D’Amico has nothing to do with me.”

Information obtained by UncoveredSLO.com suggests Guth knew her hard money lending business was in trouble back in 2004, long before the downturn in the market. Investors and contractors claim projects, funded from as early as 2002, have not been finished due to alleged mismanagement of funds.

Even so, Guth continued at the time, and to this day, to seek investors, primarily seniors, with the lure of high interest on property secured loans — without disclosing the company’s financial woes. On her Web site, Guth touts interest payments of 11 to 13 percent, though most investors claim they are no longer receiving any interest payments.

“If she is running a business and knows she is having financial problems, I think she would have to tell people,” said investor John Childers. “A person robs a grocery store, they go to jail that day. Guth robs millions from the elderly and nothing happens. She is continuing to get money from the elderly.”

Hard money loans are based on the value of the underlying asset rather than borrowers’ credit rating. It works if the lender finances no more than 60 to 70 percent of the project, secures licensed appraisals, and makes payments as the work progresses. Numerous investors claim Guth failed to follow through on these promises.

“If she had followed these rules, she would not be in trouble,” Childers said. “It’s a good business, but if people get greedy, it goes to hell. She made the loan to value, not an appraisal by a licensed appraiser.”

A San Diego investment firm in 2004 failed to disclose information regarding investments, and used new investment capital to pay off existing investors, which resulted in the U.S. Securities and Exchange Commission filing an emergency action to halt the ongoing fraud. Authorities froze finances and set up a receivership.

(Editor’s note: Contact information should be included in comments if individuals want to share information in more detail.)

Where else to look for help:

Call Rene Esquarel, California Department of Real Estate, 559-445-5009, touch “O” when recording comes on, and ask operator to connect you.

(See initial UncoveredSLO.com article on Estate Financial and its investors.)


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Stefan

By: Anonymous on 4/11/08

B.J.

If you do remove EF as manager what is your plan to complete construction of developments? Who will interact with the developers? Who will manage existing home rentals and be in charge of home sales? Will investors then be responsible for taxes, management fees, etc.?

By: Anonymous on 4/11/08

We need members of the mortgage fund to go into Estate Financial, before the meeting next Thursday, and request the list of members according to ARticle VI section 6.01(a). EF has to provide this or they are in violation. At the meeting, the members (with a majority vote)can elect to remove EF and Guth as the managers, if that is deemed so necessary. If you do go into EF and request the list, be sure to specifically record the date and time you go in, who you speak to, as well as what you are told. I recommend we get multiple members to go in as many times as possible to build a case.

By: Anonymous on 4/10/08

BJ.


I am certain there is a laod of stories regarding her x or husband. It will be interesting to find out

By: Anonymous on 4/10/08

Anonymous–you are correct in that the court documents speak for themselves and Guth is leaving a trail…Today I looked her up in the county assessor's office…Apparently on 1/8/08 she transferred a property interest to a Charles Applebaum (who lives in Freeland, WA) and who is also listed as in her husband. There's been much recent activity also in transferring of first trust deeds….Another name which Guth may be hiding under is Doya Partners LLC….another name which she seems to be associated with…..

But back to the husband issue….in most documents she is listed as a single woman; it is only in January of this year that she appears to be married…..could be trying to lose her assets…..

By: Anonymous on 4/10/08

MEETING


DATE: Thursday April 17th

START TIME: 2:30PM

LOCATION: Atascadero

Colony Park Community Center

5599 Traffic Way

Traffic way exit off of 101 Whether going N or S

By: Anonymous on 4/10/08

insider;


there are things that a civil court has limitation. There are things that I can't discuss on an open forum for now. I don't dispute what you are saying.

By: Anonymous on 4/10/08

The FBI is not going to track down your money and every deal that was made. Thats not thier job. You better protect yourselves. It would cost the government more money than you have in it to figure out the full truth of every transaction. They have complaints. They will see if laws have been broken. If so they will prosecute. They won't however try to see what degree of whole they can make the victims. Its just not possible. So if its vengance your after the FBI may help with your pound of flesh but thier not your personal attorneys. Wake up. You better get a majority of the fund investors to sieze control and a court order to sieze the records if you want to know the truth. Or just ask more nicely.


Stefan

By: Anonymous on 4/10/08

BJ.


I share your concern. You also must know that those funny deals will be undone when the FBI has enough evidence. Anything that wasdone against the interest of the investors will constitute more evidence against not only Karen G. and Josh Y., but anyone else involved. This case is bigger than most of us beleive. There are many co-conspiritors with her and will be disgourging any and all ill gotten gains. Once the FBI get their evidences togather, all the crooked players will have their assets frozen and turned over to the investors. More game she plays, deeper she gets. It is not unlikely that Heritage Oaks Bank will be left out either. I've seen this before. Nothing Unique unfortunately. Just new players who beleive they are above the law.

By: Anonymous on 4/10/08

What I am afraid Guth will do with the properties in the mortgage fund is not to sell when she has offers of .80 on the dollar, but will use secret colleagues to purchase certain properties for say .40 on the dollar. She and her secret partners would then obtain properties at below foreclosure sale prices. The problem is the fund investors not only do not know the involved properties, we also have no idea if and how she is selling them, who she is selling them to, which offers she has on the table, which offers she is considering, which properties have already sold, what's happened to the money…..

By: Anonymous on 4/10/08

Information needs to be compiled, and noted either on this blog or on your own. The FBI is overwhelmed with calls from many on this blog and likely who don't post. Let them do their work without us interfairing much with trivial stuff. They are working on this case, be assured.

By: Anonymous on 4/10/08

Don't forget, that at one point we were all enjoying the great profits at Estate Financial.

And the current economic situation in real estate has taken down many companies like EF, so yes, it does have an effect with what has happened with EF. The problem, is Guth is not letting investors know what is happening. How many of you know if the notice of default has been filed on your first trust deeds? How many of you know when and if a foreclosure sale is pending? How many of you have called EF to find out the names of the others on your investment? For some reason, Guth does not want to let out information. This should concern everyone about what is really happening. And, in response to anonymous, it really isn't as simple as reading a book. The trail left from court documents is complicated, with varying numbers, insufficient information, etc. I have spoken with many seasoned professionals in this field, and they aren't exactly sure how to proceed. Do not underestimate Guth. She has held us at arm's distance, and kept us in the dark for her own advantages, whatever they may be. Knowledge is our power, and since she seems determined not to share names, that then is exactly what we must find out. Currently, I am compiling my case along with my information and will contact the district attorney and/or the FBI when ready.

Unfortunately, I am also involved in the mortgage fund which is a whole different ball of wax. Isn't it interesting, that none of us knows which properties we are involved in, the current status, if they are headed for foreclosure, how much they need to receive, if they have had any offers….I think there must be a way to figure this out based on court documents…does anyone have thoughts on this?

By: Anonymous on 4/10/08

Frankly, my dears, Karen Guth and son Joshua aren't really so smart. So many may think so. I'm laughing. They may be 'someone who understands the ins and outs of the first trust deed business and how to work it to her ultimate advantage' – BJ wrote. Hypothetically, if they were really smart Karen would never be in the situation she's in now. Really smart business people can pull off a profitable business without having to become pathalogical liars. Smart professionals can do it with ethics, morals, and care of their clients. She can't. She told investors at a recent meeting that there were no law suits against her. Ha! how smart was that? She can create LLC's and shuffle money around and so can you with minimal training. This isn't magic what she's doing. Magician come out from behind the curtains to perform their act, we can't even see her act, she does't come out to perform. She's doing it behind the curtains, how professional is that? As far as I'm concerned the woman is on the stupid side with just enough proper training to fool us with her behind the curtain magic act. That's all. Except, oops the curtain is opening now. She may be a smooth talker but again not smart. And, my dears, don't feel dumb for investing, she flat out lied. How were we to know? Oh, and if she thinks she's smart because she can hide the money (in my opinion she did) well, you can buy one of many books out there to learn that trick. You don't have to be smart to read a book and follow directions. Even stupid people(with balls of steel) can do that. The difference between us/her – she has to lie to get what she wants. Too bad for Karen Guth


Stefan

By: Anonymous on 4/9/08

A reminder, I submitted this before and urge you all to check it out. Very interesting info about the duty of brokers and TD investing: http://www.dre.ca.gov/pdf_docs/re35.pdf

By: Anonymous on 4/9/08

Just so you know, the FBI does like to hear about hearsay. It helps them steer their ship. Sure some tips may be misleading but if they keeping hearing the same hearsay over and over, well, I bet they'd look into it. Especially if an insider at EF told you directly. Seriously, it doesn't hurt to call the FBI.

By: Anonymous on 4/9/08

I have to agree with BJ. I assume you are suggesting we all attend next week's meeting. I know I intend to be there. I believe that there is very little time left for us to save ourselves – so I hope that is what we talk about at next weeks meeting.

By: Anonymous on 4/9/08

To catch Guth, we need substantiated information…information foundin court documents, title reports, the departments of real estate's site which defines the duties of a broker. She is definitely up to much, or else she wouldn't need to keep up the cat and mouse game; she wouldn't need to lie or to hide information. The trouble is in proving all of this and in knowing how to wade through all of the documentation. We are dealing with a master of manipulation and someone who understands the ins and outs of the first trust deed business and how to work it to her ultimate advantage. There is a power in numbers; the next upcoming meeting of investors , we should get our own attorney before she can do further damage; before she can decimatethe hard won earnings of the good people of this county.

By: Anonymous on 4/9/08

BJ – If you know Karen's employees are told not to say too much and you have a source that has told you this, then I hope by now you have called the FBI. Why not? It's confidential. The investors would love you for it! The number for Santa Maria FBI is 805-346-2728. Please do the favor and call. Pleeeaaassssee!!!!

By: Anonymous on 4/9/08

To help you get a little more organized before you go to the SLO county clerk-recorder's office go to their website.


http://services.sloclerkrecorder.org/officials/se


Hmm, seems to not be working tonight, though. Nor has it been updated since 3-5-08. Strange. Oh, and don't forget to say 'Hi' to Julie Rodewald – she is just the nicest woman you'd ever want to meet. She's married to Rick Rodewald, the lawyer. Apparently Karen Guth has used him for her own attorney. Don't know how often, don't know how recently but what an itty bitty small world, eh?

By: Anonymous on 4/9/08

Karen Guth is telling her employees not to give out too much information. They get in trouble and are reprimanded if they say too much. Actually, you don't need them. Simply go down to the county government center. Type in the name of the lender on your loan; the first trust deeds are filed with all the names of the fellow investors. There is also a trail of the notice of default, construction deeds of trust, etc. To find out where Karen Guth sits in all this, I suggest typing in her name. Also, try using "estate financial" and see what comes up. Karen wants to keep information from us, cause I guess she sees us as county bumpkins she's manipulated for this long…How arrogant…It's time to turn the tables….The information is out there if you just spend the time and look for it….


Stefan

By: Anonymous on 4/9/08

I have to agree with TK on this one. Goldman Sachs just got $.63 on the dollar for their Chrysler debt and folks think they can do better with some scheister in Paso Robles?


There is no market for these trust deeds or the collateral that backs them.


Take the money and run.

By: Anonymous on 4/9/08

Gloria: Here's proof POSITIVE that you are right and Karen/Josh are lyiong when they say no lawsuits have been filed against them PROOF POSITIVE – case numbers: San Dimas 18 v. Estate KC052013.

Pippin vs. Guth/Yaguda BC384177

By: Anonymous on 4/9/08

TK-Right on. By the way my attorney has located 11 lawsuits against Estate, Guth and Yaguda. They are spread throughout Calif.

By: Anonymous on 4/9/08

If fellow investors actually did vote to turn down any offers of 60% at this point, they need to do a little more research and think more realistic. If anyone thinks 60% would be a bad offer I'll be glad to sell my EFI TD's ($550k) for 50 cents on the dollar.


Every day that goes by Karen puts her hand a little deeper in your pocket.

By: Anonymous on 4/9/08

Debra,

That email is right for the Fund Investors. It is effundinvestors@yahoo.com As many of you know, Karen Guth will not give out the list of investors so we need to make one ourselves! Again, if anyone has one, please email effundinvestors@yahoo.com so I don't keep knocking myself out trying to get this together!

By: Anonymous on 4/8/08

NEXT MEETING. Thursday, April 17th at 3 PM. Location to be determined in the next few days. Proposed agenda will be sent tomorrow.


NO MORE TALKING. Time to vote on how to move forward. We need 500 people, so please start telling everybody.

By: Anonymous on 4/8/08

Anyone have investments in Ranchita Canyon, San Miguel?


By: Anonymous on 4/8/08

This is one of Karen's attorneys, perhaps we should be emailing her our comments! katherine.windler@bryancave.com

By: Anonymous on 4/8/08

I tried to send an email to the web site mentioned here effundinvestors@yahoo.com and it came back. Does any one have the right address. I have a list of 5 investors that I would like to send

By: Anonymous on 4/8/08

WE HAVE 7 LOANS WITH EF.

ONE OF THEM IS 518-05 AND WE DID NOT SING THE 60% OFFER.

GARY YOU SAID SEE UPDATE BELOW ON THIS WEB SITE, WHERE IS BELOW?

we can be reached at 805 591 0609


Stefan

By: Anonymous on 4/8/08

HIND AVE PARTNER, LLC B105-06 & 518-05 Please see UPDATE: ESTATE FINANCIAL INVESTORS FIGHT BACK below on this web sit.

By: Anonymous on 4/7/08

Fund investors, please read this! Apparently no one has a list of investors so it's time we make one of our own! If you are new to this situation, Karen Guth hasn't given out the list therefore not giving us a chance to regain control of our investments. I've arranged for an email account for you to write to. Please include your name, address, phone number, email account and any other information you would like to add. This is essential so you can be contacted. There's supposedly 1800 investors, so if anyone does have the list, spare me and let me know. Keep in mind, the phone book releases most the same info. Let's not waste anymore time! Send your info to effundinvestors@yahoo.com By sending your info you are not committing to any particular side or opinion. This list will also help individual deed holders in projects where Estate Financial has a majority control. Also, if you have given money to EF and you aren't sure if it's even invested in a deed or the Fund, please write.


Individual deed holders – I also recommend that someone step up to the plate for the larger first trust deeds and do this for their individual projects as well.

By: Anonymous on 4/7/08

Joanne says:


My personal opinion is that Laura Paulsen (and probably the rest of the crew) is hypnotized into believing that Karen and Josh are family. Or somehow she believes she is doing right by perfroming her tasks as told. Or perhaps the pay is just so tempting, that she wants to stay (greed) while she helps Karen break her promises to her investors. There is no possible way this girl is that clueless to the law. You'd have to be a 8 year old not to get what is going on there. I predict there will be serious legal/criminal trouble for her if she doesn't come clean. And Laura if you are reading this, your only slight chance of gaining any respect from this community is to do the right thing – quickly! The people of this community will never forget which choice you make! One will make you a hero, the other could be legally devastating to you! In no way is this a threat, it just reality. Karen Guth is not your 'mother.' Let her go, it's okay……. let her go….. I doubt Karen Guth will be faithful to you until the end. Chances are she'll try to blame others and you may very well be in the line of sight. Let her go……


April 7th, 2008 at 8:12 PM

By: Anonymous on 4/7/08

What's happening.


My offer was presented LAST YEAR. She never responded. I then made a lower offer-several months later. NEITHER OFFER got a response from Karen.


Why she never told the investors – you tell me????????


Forget the meeting and make the offer again. Sorry but until the investors get control of the properties, I'll be wasting my time.


Or, have Karen contact me and give me a list of my investors and I'll start immediate negotiations.


Stefan

By: Anonymous on 4/7/08

Ron Cooper

I don't understand this. Have you presented your offer of 75% to Karen and if so why hasn't she presented it to us? Why can't you present that offer again now and with all the publicity on this fiasco she would be stupid not to present it to us. Do it now. Forget about the meeting, just make your offer and let's get it done. All we want is our money.

By: Anonymous on 4/7/08

Not only can the get the property they stand to make quite a tidy income in fees in the meantime. This is brilliant.

By: Anonymous on 4/7/08

Looks like EF has a good chance of loaning all the money out one more time. Isn't this a familiar process. After this round they can forclose and leave you with nothing. The LLC's will have no recourse when the money goes out, the construction is once again not completed and the new money forcloses on you. That is if the new money doesn't fall into the same trap and under the boot of EF. Take control before its too late.

By: Anonymous on 4/7/08

Paso Guy


This is one more reason to let Karen Guth and Josh to be left in place to clean up the mess. They will clean up,not the mess but our money.

By: Anonymous on 4/7/08

RE:B518-05

REGARDING THE HINDS AVENUE PROJECT IN PISMO BEACH, KAREN GUTH SAYS SHE HAS A BUYER FOR APPROXIMATELY 60% OF THE INVESTORS INVESTMENT. KAREN,YOU ARE SO KIND TO US INVESTORS. ARE YOU GOING TO TELL US ABOUT THE OTHER OFFER FROM THE LAW OFFICE OF RICHARD M GLOVIN (916 440 8893)THAT REPRESENT THE PRESIDENT OF FOLEY-GANNON,INC THAT IS OFFERING US 82% ON OUR INVESTMENT? ARE YOU GOING TO TELL US ABOUT THE NOTICE OF DEFAULT ON THE NOTE,AND THE SALE OF THE PROPERTY THATS SCHEDULED FOR APRIL 30,2008 AT 11:00 AM.1050 MONTEREY STREET,SAN LUIS OBISPO. ARE YOU GOING TO TELL YOUR INVESTER THAT YOU AND DAN LIOYD ONLY PAYED 6 MILLION FOR THE PROPERTY AND MADE A LOAN AMOUNT OF ALL MOST 9 MILLION FROM YOUR INVESTERS. MAKEING 3 MILLION OUT OF THE DEAL, NOT BAD. AND YOU WANT US TO TAKE 60% OR LESS. KAREN GUTH YOUR JUST TO KIND TO US..KAREN FAILURE TO ENSURE THE INVESTORS HAVE ALL THE INFORMATION THAT BEARS ON THEIR DECISION COULD OPEN YOU AND YOUR PARTNERSHIP TO LIABILITY FROM THE INVESTORS. PLEASE KAREN GUTH STOP HELPING US AND LET THE NOTICE OF DEFAULT ON THE NOTE, AND THE SALE OF THE PROPERTY THAT'S SCHEDULED FOR APRIL 30,2008 GO ON, AND YOU GET THE HELL OUT OF ARE LIFE, PLEASESSSS, WE DON'T LIKE YOU..AND WE ARE ABOUT 1500 NOW AND GROWING EACH DAY.

By: Anonymous on 4/7/08

Ron Cooper;


There are many things than can not be understood why Karen did the way she did or didn’t do. We won’t know it until we get a grip on more documents and information. One thing is sure, she’s been taking out money from the funds and projects to her own benefit. If she wanted to resolve many of the problems, she could have forgo her management fees having it reinvested as she made others to do so until after things are cleaned up. She set up LLC’s to create vehicles to take money out as she pleased. . I think the Three Bell Winery is just one of many such endeavors. So convenient, she filed for bankruptcy on it. What will be next? Her Olive grove is a very expensive hobby that takes a lot of real money as it never supported itself. Fun games on investors, retirees, kids college funds money.. I think we are in for many other surprises.


Stefan

By: Anonymous on 4/7/08

Paso Guy,


Your violin so out of tune!! we don't want to send them up the river, they goinf do the river with our money.You really think they can clean up the mess they created. they already cleaned out, now we should give themmore the top it off?

By: Anonymous on 4/7/08

Paso Guy – It's like this… someone is going to HAVE

TO clean up the mess regardless. It's my belief that the 'agencies' won't be doing that on our behalf. The investors will have to give up a portion of their capital to company to perform the work. Waiting any longer is just allowing Karen to take more money. And in the end, we'll still have to pay some company to clean up the mess. Let's start now!

By: Anonymous on 4/7/08

LOAN B 518-05

INVESTORS-a question? You are being asked to accept 60 cents on the dollar. YET Karen NEVER TOLD THE SAN DIMAS investors of my offer of 75 cents + on the dollar for the San Dimas project.


Also, there is a letter from an attorney offerring 72-83% of your investment.


I "think" I finally got it. Karen doesn't own any of the San Dimas project wherein she owns the Himes Project. She gets paid three times if you accept this offer. As for the San Dimas Investors – too bad!


Karen, nice gig if you can get it.

By: Anonymous on 4/7/08

MEETING UPDATE


I am working with several of you to arrange a meeting in SLO County for the END of NEXT week. I expect to be able to confirm a time, date, and place by this Friday.

Anyone with ideas on the format we should follow or who want to participate on a panel, please let me know immediately (818) 225-1528 or ron@cooperdevelolpment.com.

I need all the ideas I can get.

By: Anonymous on 4/7/08

Question:


If all of you are successful in your pursiuit of sending Karen and Josh up the river, have you given thought of who is going to clean up the remaioning mess? You think ANY government agency is up to the task? Think again.


You might want to wait and really see how this plays out.


Just saying


Stefan

By: Anonymous on 4/6/08

Okay, so far I haven't seen any posting of anyone claiming to have the complete list of investors in the Fund. If you know of anyone who does have that, even a partial list, contact me at fullyfunded93401@yahoo.com

By: Anonymous on 4/6/08

New people.

There apparently is a new meeting in the mix though no one seems to know what is actually developing in that regard. Here is another site with some interesting comments, http://www.topix.com/forum/city/san-luis-obispo-c


If you can stand it read up on this blog and you will find some contact info-and stay tuned. One bit of advice that seems to be consistent is get your papers in order, try to contact EF for info and send your feelings to the Dept of Real Estate-google DRE. E or call the Fresno office and complain.

I also advise you take a look at this online pdf from the DRE, http://www.dre.ca.gov/pdf_docs/re35.pdf. It outlines quite a bit of info about TD investing and what the broker is supposed to do for you (and maybe you will discover what didn't get done for you).

Keep monitoring this site for meeting info. And let others know about it so all can get informed. We should have strength in numbers.

By: Anonymous on 4/6/08

I'm new too and just heard about this site. I'm in the pool!!! I'm screwed and I know it. I'll take anything I can get back. I don't even know where to begin. I'll try writing to the sources that are recommended. I would have been so much better off with a trust deed.

By: Anonymous on 4/6/08

Did I miss anything yet? I'm looking for the meeting and can't find where it is? HELP.. I'm new here and I'll read again but please help the new investors. I didn't know about all of you.

Thanks in advance.

By: Anonymous on 4/6/08

Here is some contact info someone just posted on the Alan Little thread over at my blog – I think it may pertain to your situation as well:


Here is what you ALL need to do and God Save the Queen. Get all documents and contracts, statements, invoices etc… this includes your personal financial stuff as well. Need to he up front and honest remember it is a Federal Crime (Felony) under Title 18 U.S.C. section 1001 to lie to a Federal Investigator/Agent.


Send as a group if you wish all the information and complaint to:


US Department of The Treasury

IRS/Criminal Investigations Div.

2384 S. Professional Parkway

Santa Maria, CA 93455


US Department of Justice

CRD-Criminal Section-PHB

950 Pennsylvania, NW

Washington, DC 20530


US Treasury Department CID

SAC/ Debra D. King

PO Box 532151

Los Angeles, CA 90053


Stefan

By: Anonymous on 4/6/08

Okay, so far I haven't seen any posting of anyone claiming to have the complete list of investors in the Fund. If you know of anyone who does have that, even a partial list, contact me at fullyfunded93401@yahoo.com

By: Anonymous on 4/6/08

New people.

There apparently is a new meeting in the mix though no one seems to know what is actually developing in that regard. Here is another site with some interesting comments, http://www.topix.com/forum/city/san-luis-obispo-c


If you can stand it read up on this blog and you will find some contact info-and stay tuned. One bit of advice that seems to be consistent is get your papers in order, try to contact EF for info and send your feelings to the Dept of Real Estate-google DRE. E or call the Fresno office and complain.

I also advise you take a look at this online pdf from the DRE, http://www.dre.ca.gov/pdf_docs/re35.pdf. It outlines quite a bit of info about TD investing and what the broker is supposed to do for you (and maybe you will discover what didn't get done for you).

Keep monitoring this site for meeting info. And let others know about it so all can get informed. We should have strength in numbers.

By: Anonymous on 4/6/08

I'm new too and just heard about this site. I'm in the pool!!! I'm screwed and I know it. I'll take anything I can get back. I don't even know where to begin. I'll try writing to the sources that are recommended. I would have been so much better off with a trust deed.

By: Anonymous on 4/6/08

Did I miss anything yet? I'm looking for the meeting and can't find where it is? HELP.. I'm new here and I'll read again but please help the new investors. I didn't know about all of you.

Thanks in advance.

By: Anonymous on 4/6/08

Here is some contact info someone just posted on the Alan Little thread over at my blog – I think it may pertain to your situation as well:


Here is what you ALL need to do and God Save the Queen. Get all documents and contracts, statements, invoices etc… this includes your personal financial stuff as well. Need to he up front and honest remember it is a Federal Crime (Felony) under Title 18 U.S.C. section 1001 to lie to a Federal Investigator/Agent.


Send as a group if you wish all the information and complaint to:


US Department of The Treasury

IRS/Criminal Investigations Div.

2384 S. Professional Parkway

Santa Maria, CA 93455


US Department of Justice

CRD-Criminal Section-PHB

950 Pennsylvania, NW

Washington, DC 20530


US Treasury Department CID

SAC/ Debra D. King

PO Box 532151

Los Angeles, CA 90053