Quiescent county Web site stirring suspicions

April 4, 2008

By KAREN VELIE and DANIEL BLACKBURN

A Web site maintained by San Luis Obispo County’s Clerk-Recorder’s office – which provides property deed transaction data and other public information and is routinely updated weekly — has been dormant for 36 days.

The site’s lack of relevance quickly became a cause of concern for some investors who have placed funds with a troubled Paso Robles hard money lender, Estate Financial.

Clerk-Recorder Julie Rodewald attributed the site’s inactivity to a missing technician and promised a quick fix. But the site had not yet restored to a current status by midday Thursday.

The Web site contains general information on the Clerk-Recorder’s office as well as a searchable database to allow public access to official county records.

The situation raises a question of conflict of interest, according to several investors who talked to a reporter. Roderick Rodewald, the clerk-recorder’s husband, is a San Luis Obispo attorney whose clients include Estate Financial and its president, Karen Guth.

UncoveredSLO.com posted an article March 14 reporting the apparent unraveling of Estate Financial and actions and practices of its two top officers, Guth and her son, Joshua Yaguda . That article detailed the alleged loss of millions of dollars by a large number of investors, many of whom said they had been hindered in their efforts to contact others with funds in Guth’s hands.

Three days after that article appeared, several hundred EF investors expressing deep concern and growing anger met at San Luis Bay Inn to exchange stories, loan data, phone numbers and action plans.

“At a time when Estate Financial is not forthcoming with investor data, the Clerk-Recorder’s office is one of the few options investors have,” said one person who has been regularly monitoring the Web site’s lack of progress, wrote in an e-mail to UncoveredSLO.com.

Numerous individuals allege that Estate Financial has sold properties and failed to repay investors. Consequently, many investors rely on the Clerk-Recorder’s Web site to follow activity or changes involving their properties. The site provides information showing if any reconveyance (loan repayments) have occurred; or if Estate Financial is foreclosing on specific properties.

Investors might be unaware that the site has been outdated during the month-plus dormancy, and as a result may be relying on stagnant information during a period when numerous Estate Financial transactions might be occurring.

Julie Rodewald said she has been out of the office on personal matters and has not been able to facilitate updates.

“Our system is not a county standard system,” she told UncoveredSLO.com, “and our IT guy is out. The (county’s Information Technology Department) doesn’t manage our AS400 (computer program). That we are trying to deny access to documents because of Estate Financial is absolutely not true.”

A source in Information Technology said any one of more than two dozen county technicians could have easily and quickly handled the usual updating. Other computer experts contacted by UncoveredSLO.com said keeping the county Clerk-Recorder’s site current is not a complex undertaking, suggesting the site’s update is virtually a push-button exercise.

Julie Rodewald said this week she would have nothing to gain from trying to affect the Web site’s current status.

“This begs the question, can he or I do anything?” Julie Rodewald said when asked if her husband’s work for Estate Financial has created at least the impression of a conflict of interest. “Our personal lives are separate from our professional lives. All recordings are public record.”

Roderick Rodewald, too, scoffed at the suggestion of a conflict.

“How in the world could I assist Karen Guth through my wife’s office?” he wondered recently. He also noted that he and his wife have “heard the allegations” but insisted no conflict exists. He disavowed any involvement with Estate Financial other than providing legal counsel.

One of Roderick Rodewald’s counsel chores was to chastise Myron “Mike” Knecht, who placed an advertisement in local periodicals seeking to locate and organize other EF investors. The lawyer wrote in a Sept. 2007 letter and e-mail to Knecht that his ads were having “an adverse affect on our clients’ business.”

Roderick Rodewald added, “Your advertisements have a chilling effect on both further investments in the mortgage fund and on the fractional loan investments, with corresponding harm to your fellow investors and my clients’ business. I would urge you to discuss this with your attorney… as such statements could expose you to significant legal liability.”

Knecht said he checked with his own attorney.

“By Karen Guth’s own admission, ‘investment capital will not be returned at any time in the foreseeable future,’ (so) my statement was not actionable. Something about the truth being a defense,” Knecht wrote in a reply to EF’s lawyer.

Some EF investors have also questioned an apparent new practice at the Clerk-Recorder’s requiring names and addresses of people seeking deed information.

“Sometimes we may ask for a person to sign, sometimes not,” said Julie Rodewald. “There’s a form to fill out. You don’t have to sign it. We are not keeping tabs on people who come into the office. Every little thing becomes a conspiracy.”

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Stefan

By: Anonymous on 4/13/08

HOw about filing a civil action which would force KG to provide the list of names? She HAS to do it. She has no choice. It is in the provisions of the mortgage fund. We just need to force her hand legally.I hope there are several lawyers who come to the meeting on Thursday. The fund needs someone to represent us, and that someone will eventually earn some tidy profit for doing the job which KG is supposed to be doing.

By: Anonymous on 4/13/08

To Legal Advice,

This is starting to feel like many investors are doing double work. If you have good advice would you share with my council. This fund needs to be a united force to get through the maze.

As far as getting the list of investors form KG good luck. We have pressed hard since November. We have also tried through one of her attornies. That list is being hidden for thier reasons and who know how much it will be altered when it surfaces.

We may have things that can help you also. so if you want to share e-mail me at

bcqueen@charter.net

By: Anonymous on 4/13/08

Let's be real, No one here is onfor pleasure. At the same time, should we be always hurt ourselves by not having fun. So, if make fun of the "FUN(D) DUDE and CO., why not? Sometimes we must have a good laugh or at least a smile. So, lets have fun at their expense!!!

By: Anonymous on 4/13/08

TT- Can't people just kick up their heels now and then? Gosh, TT, do you think some of these people feel threatened by the way Karen is caring for their cash? Proper response – dah!

By: Anonymous on 4/12/08

Wow. Labwork. and Labworks mother and helicopter guy. whoever you are. you may write your absurd comments, to try and distract from the issue.hmmm.methinks that perhaps someone is feeling a bit threatened nowadays and would rather folks not give this site and this blog the attention and respect it deserves.

oh, yeah,and Karen-do you feel the walls closing in?

By: Anonymous on 4/12/08

Labwork


BTW. D'Amico has a mistress, the lucky duck. I can't afford them anymore.

where is the jsutice?

By: Anonymous on 4/12/08

Labwork


You funny, Why would you denigrate the builders? LOL

By: Anonymous on 4/12/08

Stop talking about your family.

By: Anonymous on 4/12/08

well,well,well, The last time I was in Estate Financial talking to Karen Guth and her son Joshua,the bull dog was frothing at the bit when he could not get his way with me. So when he was not looking, I retrieved some slober from Joshua and took it back to my lab; did a DNA on it and matched it with Al Demeko DNA. I do beleve that Joshua is big Al's son!!! This is living proof that Karen Guth may be imbedded with her developers. What do you think?


Stefan

By: Anonymous on 4/12/08

And the conspiracy loons continue their quest for the truth!

By: Anonymous on 4/11/08

This is a major story about Julie Roldewald, heretofore, considered a saint by many county employees. It's clear that she has personal connections to Karen Guth. I urge Blackburn and Velie to make this story a priority and see where it goes.

By: Anonymous on 4/11/08

This part in the article – “Sometimes we may ask for a person to sign, sometimes not,” said Julie Rodewald. “There’s a form to fill out. You don’t have to sign it. We are not keeping tabs on people who come into the office. Every little thing becomes a conspiracy.”


In my opinion….. Julie, who are you to decide who to ask sign or not? As a lawyer's wife you should know not to be partial. Rumor has it you and Karen are friends, then you gotta keep her posted, right? Nice buddy system! Or should I say corruption system! At this point I can't believe your husband even represents Karen with her obvious breach of duties and unwillingness to release information to her investors. He's no fool, he knows what's going on! Where in the world did his ethics and morals go? Hey, but buddies are buddies, right?

By: Anonymous on 4/11/08

Karen,

Why do always announce appearances on Dave’s show 2 hours before the show—have some consideration for people who don’t read this blog till after work.


By: Anonymous on 4/11/08

Ron Cooper says:


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


April 10th, 2008 at 12:54 PM


Stefan

By: Anonymous on 4/11/08

Ron: How do I contact you? Need email or phone number. Also, could you use another name or a last name so people do not confuse your blogs with mine.


Thanks

By: Anonymous on 4/11/08

I am interested in any and all meetings regarding EF. I am not a current member of the Mortgage Fund but am participating in 3 loans with them: B518-05, B106-06 and B307-06. I have been also getting the cold shoulder from Karen and am tired of 1 paragragh, meaningless mails from her giving no information. Feel free to contact me regarding any of those loans as well as any meetings.


Is anyone creating a master list of members?

By: Anonymous on 4/11/08

Ron Cooper will be on the Dave Congalton Show at 5 p.m. to discuss an Estate Financial investor meeting scheduled for 2:30 p.m. on April 17 at 5599 Traffic Way in Atascadero. I will be on Dave’s show at 5:15 to discuss this story. Tune your radio to 920 AM or live stream at 920kvec.com.

By: Anonymous on 4/11/08

anon — Research the California Secretary of State's web site.


Yes – it is possible to remove Karen and Josh with the appointment of a receiver. Doesn't take all investors to do it. May wish to form a steering committee to initiate the proceeding.


BJ — give your demand for a list of fund investors your best shot. KG may comply. If not, the court can compel her cooperation,


I'm putting together a check list and researching some options re how you all may wish to approach the solution to the EF situation.

By: Anonymous on 4/11/08

Question for Legal Advice – is it possible to remove Karen and Joshua from their post with just a handful of members showing evidence of Karen/Josh's lack of duty?

fullyfunded93401@yahoo.com

By: Anonymous on 4/11/08

Good luck getting the list. Estate Financial (staff and all) has been keeping that list as far away from every person in the Fund! Someone was given a partial list but it's only 200 or so people. Soooo, if the FUND members can get a receivership done by way of a few people stating that they have attempted to get the list, then I think that's the quickest way possible. Do not go in there individually as it's only your word against hers – have a witness or your lawyer go with you or go in an entire group! Also, do this….As Fund members write a certified letter giving her 24-48 hours to have the ENTIRE list ready. Also state you want to pick it up, don't have her mail it, she can claim it was lost in the mail. Do this now! Enough of you do this then this should suffice good evidence. Move fast! Get your letter out today! Also, those of you who've attempted to retrieve this list please write to fullyfunded93401 and I'll start getting a list of attempts together. This is long overdue.

By: Anonymous on 4/11/08

Re: legal advise. Exactly what I have been saying all along. He, or she, says it much better since he, or she, appears to be an attorney. Get this or one person, attorney or team to do this thing. Get a complete list of investors assign a percentage of responsibility by amount of invested capital and hire this or some attorney as a group. If you have a individual attorney by all means keep them to assist you in dealing with the group attorney. You may get some small investors to sign over thier investment to the attorney for some percentage of future recovery.


Stefan

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 believe that is reason enough to get a receiver appointed, as long as a member (preferably more than one) is willing to sign a declaration that she refuses to provide the information. I am not a fund member, so I cannot due it. We should discuss this as part of our next meeting agenda.


By: Anonymous on 4/10/08

According to Article III, section 3.05 in the EF Mortgage Fund offering circular " The Manager (Karen Guth) may be removed by the written cosent of a Majority INterest of the Members. Members may exercise such right by presenting to the Manager a written notice, which shall be exectued by the Members and their signatures acknowledged, to the effect that the Manager is removed effective on the date set forth in such notice."


Artivle IV 6.01 B states that Manager needs to provide to members during reasonable business hours "A current list of the full name and last known business or residence address of each Member and Economic Interest Owner set forth in alphabetical order, together with the capital contributions, Capital Account and Percentage Interst of each Member and Economic Interest Owner.


According to the regulations set forth by Guth, a list of members can be requested and must be provided, and then, the company would be out of her hands after we fire her as Manager.

By: Anonymous on 4/10/08

This is probably more hind sight – anyone know what gov site to find all companies Karen Guth has in her name? A search by name form?

By: Anonymous on 4/10/08

And yet another link leading us to 'Cindy' with another reference to the Rodewalds and Guth.


http://www.topix.com/forum/city/atascadero-ca/T7N


"I have News for you all, first Karen Guth is in reality DOYA Partners, She has EFI, DOYA Partners, LLC DOYA Partners II, LLC and Buena Vista Place, LLC to name a few. The entire deal is going south real fast. But there was and is an inside connection her " Silent" Partner and Lawyer is none other that the Husband of County Clerk/Recorder Julie Rodewald that being Rick or Roderick Rodewald. How do you think they all got the inside information on deals etc.. Julie used her position to get it and pass it on. It is called quid quo pro or corruption.


It gets worse also involved are Frans De Witte, Peter De Witte, Robin Rossi, Robert JS Fowler, Atascadero Ventures, LLC De Witte Mortgage Investors Fund, LLC Ventura-Duval South, L.P. and of course our hard money loaner Point Center Financial, Inc. the inside scoop was and is all wrong. Watch it is all falling on those who were not in what we call the " Rodewald/Guth" group."


Anyone know Cindy? She writes at the end "we call the " Rodewald/Guth" group" I'd like to know who the "we" are?


Stefan

By: Anonymous on 4/10/08

Before you sign anything Julie gives you make her show you the County's resolution requiring someone to sign for the public documents. She doesn't make the rules for the County. What bu__ S___ this is. Now I am angry.

By: Anonymous on 4/10/08

Any question who is Guth's attorney is go to this web site – go to business search – type in Estate Financial, and you'll see who is listed as the attorney for service.


http://www.sos.ca.gov/business/business.htm

By: Anonymous on 4/10/08

Julie: Here's another one for you to read.

I found out yesterday we are going to lose it all $$and as it turned out one of the posting was correct they are all related and the Lawyers who scammed us are Allen Hutkin his wife Maria Hutkin both local lawyers and one of there partners in the crimes Adam M. Daner all of SLO and all have screwed us investors and protected the dishonest builders and developers. I golf with a lady who did confirm County Clerk/Recorder Julie Rodewald is in fact married Roderick Rodewald who just happens to be Estate Financial, Inc. founder Karen Guth Lawyer and personal friend who knew it was all a Ponzi con. The State Bar will hear about this.


Want to play some golf!!!!!!!!!!

By: Anonymous on 4/10/08

Anon:

The receiver would control everything Estate is involved in. Not only the fractionalize interest deeds, and the fund, but also anything else Karen used Estate's money to support such as the olive oil company she and Joshua is so well know for.

By: Anonymous on 4/10/08

I certainly won't sign for any docs at at Julie's office. Common Julie, haven't you read the other blogs? Let me cut and paste one for you and the others to read. This one – about Karen and Julie' is from a blogger 'Cindy' at this web address:


http://www.topix.com/forum/city/atascadero-ca/T7N


"Well folks, I have News for you and your investments they are all going south as we speak. It is an entire Ponzi Con. Look at her packet she did for Steinbeck Vineyards 401 K profit sharing plan it is now empty of value so are many others.


You who have lost need to file complaints with the US Dept. of Justice and the State's Attorney General as well. Her many companies are just a move and hide shell game. Her many companies such as Estate Financial, Inc., Buena Vista Place,LLC First Press Partners, LLC ERC 24, LLC DOYA Partners II, LLC DOYA Partners, LLC Estate Financial Mortgage Fund, LLC are just a few of her many companies all belong to Karen Guth and her close friends. She is deeply associated with Clavis Development International, LLC SLO-Verdot, LLC Verdot Group, L.P. Peter and Frans De Witte Mortgage Investors Fund, LLC, KITCO Holdings, LLC

Ventura-Duval South, L.P. Atascadero Ventures, LLC and so many more you would get a head ache. She uses her Partner and Lawyer Roderick Rodewald who is the husband of SLO County Clerk/Recorder Julie Rodewald to get the inside scoop to all of there advantage yet the investors are left out in the cold. Watch as she transfer's everything from DOYA to herself and goes belly up. It was all a scam. Since she likes to play golf alot and drinks heavily while playing golf Julie's lips get a little loose and she spits out information like a drunk sailor."


The Feds need to find Cindy. Sounds like she knows some spooky info! People dont' post remarks like that- whose imagination is that good?


Stefan

By: Anonymous on 4/10/08

Legal advice,


I would love to speak with you. If you are so inclined pls. call me (818) 225-1528 or email me – ron@cooperdevelopment.com

By: Anonymous on 4/10/08

Interest check werebeingpaid till Septor October oflast year. why would you complain when the checks were coming.

For the builders, its a different story. karen madesure that investors were kept at a istancefrom each others, while making promises to builders, she knew was not going to happen. she was dillusional and now her head is in the sand. Althogh, wonder who's head is where???? She has the money.


Us suckers!!!!!!!!!!!11

By: Anonymous on 4/10/08

Could you speak at the meeting? We definitely need speakers. Also, there are so many loans out there that a step by step print out of how to take control of our property would be wonderful to have in our hands. Of course, it sounds like we'll need a lawyer. Many of us are very lost so please, at the meeting, could you have an action plan in print for the First Trust Deed investors (perhaps the Fund investors too)? Heck, it may just generate a lot of business for you. A win-win situation! And well appreciated.


Also, what's to be done about the Fund people? I can get a copy of the Operating Circular to you. How should I get this to you?

By: Anonymous on 4/10/08

Ron and all,


I'll be there

By: Anonymous on 4/10/08

Since when are people required to sign for obtaining a "public " document? Whats more disturbing is that it would appear that only citizens obtaining EF related documents are required to sign for them! Judy I think your husband's influence has created a conflict of interest. Perhaps yoy are doing things that you normally would'nt do? It sure looks like it Ms Mary Poppins.

By: Anonymous on 4/10/08

Ron — Good for you! I was just amazed to learn that many of these loans have been in default for a year or longer and nobody seems to be taking legal action to stop EF from getting their hands on any remaining funds. All well and good to let law enforcement do its thing, but that doesn't preserve anything that remains for the folks who wrote the checks. EF and Guth will be long gone — with the bucks!! Yikes!!!

By: Anonymous on 4/10/08

Finally a co-ordinator and a competent advisor. See you at the meeting. Lets get a move on.

THX

By: Anonymous on 4/10/08

Legal Advice: AGAIN, right on. I have hired an attorney and have filed a lis pendens on one of my properties and just waiting (next week) to file the other.


I've told everybody I've talked to exactly what you have said – its going to cost money, but their is EQUITY THERE. We just need to get control, and the only effective way to do that is get a receiver. I'm ready.


Stefan

By: Anonymous on 4/10/08

Real Deal — thanks!! My spell check failed me!!


EF has already filed Notices of Default to initiate foreclosure proceedings on a number of properties (under DOTs that were partially assigned to the individual investors, which may well wipe out those individuals). If the investors start a non-judicial foreclosure at this point, they would be behind EF (i.e., too late). EF has to be enjoined.


Who am I serving? I've been contacted by several investors who are angry, frightened and confused. I've reviewed their files (incomplete at best) to determine how best to advise them. It is my (not-yet-fully-informed, but-trying-to-pull-the-pieces-of-each-transaction-into-focus-as-best-I-can-with-the-limited- information-available-to-me aka half-baked)

opinion that the parties invested in each transaction would be well served by identifying one another, joining together, examining their position in the project, naming a point person to accumulate documents, information, etc., decide how they want to handle the cost and get a damned complaint on file to insure that EF is stopped from transacting further.


You are correct. There are additional costs attendant to a judicial foreclosure, but as stated earlier, that may be the only course of action with many of these properties. These are highly complex situations. Each property is plagued with unique problems. In certain situations, a non-judicial foreclosure might do the job, but you won't have an action pending with which to pursue EF, et al., for fraud, etc. First, EF's foreclosures need to be stopped. The authority to do that is the Superior Court of the county in which the property is located. It has jurisdiction to enjoin EF and to order the property sold by the Sheriff. (You are procedurally correct.)


So the bad news is that – yes – it's going to cost you some money to protect what's left of your investment. This is a legal nightmare (probably intentionally designed that way) that not many lawyer will want to touch. Better to share the burden with all who will benefit. No??


So – Real Deal — who do you serve? The forces of confusion, obfuscation and "let's just hang out and see if Guth gives us our money back?" Good luck!!


Ron, I am going to attend your meeting next week. Look forward to seeing if progress can be made to organize the investors.


All the complaining in the world re Guth and son is useless for purposes of protecting your remaining investment. Get together, hire a lawyer (why haven't you already??!!) and stop them in their tracks!!

By: Anonymous on 4/10/08

Legal Advice….it's "Lis Pendens", and an obvious misspelling is not the only problem involved here. Do the investors get to pay for their attorney and a Receiver? If not, who is going to pay the Receiver….? No one in the fund can file a judicial foreclosure, and I'm not following you as to how judicial foreclosure gets anyone any more money than non-judicial……but they certainly get to pay a whole lot more in attorneys fees….(by the way, the court doesn't hold the sale, the Sheriff does…but you knew that didn't you?).

There's enough confusion out there already without providing "legal advise" that's half-baked….who exactly are you serving????

By: Anonymous on 4/10/08

Anon –

Ever heard the term 'tongue in cheek"?

By: Anonymous on 4/10/08

Legal Advice: Wow. Where have you been all this time! Good advice. No, GREAT advice. So what's the plan?


PLEASE come to the meeting next Thursday as listed in this blog. The most important agenda item is to answer that question. Those investors/developers/contractors who are waiting and hoping that government authorities going to step in continue are deceiving themselves.


We really could use your assistance.


Stefan

By: Anonymous on 4/10/08

This is a highly complex matter which may ultimately involve several levels of law enforcement; however, do not assume that the FBI, SEC, DRE or local DA are moving fast enough to stop EF from taking the remaining value from any project. That's not their job. They may proceed criminally, but they will not recover money for you.


For the investors to protect what's left of each investment in each property, you are best served by instituting civil action to insure that any money coming out of a foreclosure or sale goes to you and not to EF, Guth, et al. To do that, you need to stop EF's non-judicial foreclosure proceeding on each property, institute a judicial foreclosure action (which gives the Court the ability to dictate what happens to proceeds, etc.) and which would include additional civil causes of action for fraud, etc., against EF, Guth, et al., Probably request appointment of a receiver to manage the mess. It would appear to me that Guth, et al., are still doing business and may very well take the last bit of value out of each and every project.


Anon — so you prove fraud in some arena (civil or criminal). So what? Where's the money to pay the investors? You need to get your hands on it before it goes to EF. Then take your fraud causes of action and take her personal assets.


I do not have a working knowledge of how the mortgage pool was managed, documented or secured. Can anyone enlighten me?


It only takes one of you to enjoin a foreclosure, but there is power in having a majority of the investors. You may be familiar with Civil Code Section 2941.9 which allows the majority of investors to take over the transaction. You will also wish to share the cost if you undertake a proceeding. A judicial foreclosure will benefit each of the investors according to his/her holdings.


Suggest that you organize according to each loan/property transaction. Get everyone's paperwork together. Order a "litigatiuon guarantee" from a title company on each property in which you have an interest.


I am concerned that EF may have caused such confusion and inability to connect with one another that it/she may have depleted any remaining value in the projects.


So what's the plan?

By: Anonymous on 4/10/08

Unbelievable. You really don't think the reporters at uncoveredslo had nothing to do with getting the SLO County recorder to do her job, though 4 weeks late. Pleaseeeeeeeeeeee, where's there's smoke their fire. Unocveredslo has put out the fire, assuming she recorded everything

By: Anonymous on 4/10/08

Scoff, indeed, Mr. Rodewald! I just have to say "Hallelujah!" the good Julie has come to our rescue and got those complex updates finally recorded – today, thank you very much – and not at all in response to any heat that office may be taking from the great reporting once again by our fearless reporters at Uncoveredslo.

By: Anonymous on 4/10/08

Legal Advice: By searching the county assessor's records under the name of the borrower, you will find the names of all the individual lenders for that particular loan. There are names, but no addresses or phone numbers. Some can be looked up as they are local, but others are dispersed throughout the state. Are you saying one of the investors may stop a foreclosure proceeding….or does it require a signature from each? I am also assuming you are discussing first trust deeds and not the mortgage fund…yes?

By: Anonymous on 4/10/08

Why must each transaction be litigated separately?


It can be proven that properties were sold without proceeds disbursed to investors, i.e., fraud.


Why can't LE do their job and step in with trustee to take over this fraudulent enterprise and manage/unwind each property in accordance with the best interest of the INVESTORS?


Stefan

By: Anonymous on 4/10/08

Are the investors aware that Estate Financial has initiated foreclosure proceedings under certain deeds of trust which were assigned to the individual investors? You can stop those actions by filing "judicial foreclosures" which will allow for a "lis pendence" to be recorded. You may also need to enjoin EF from going forward. Tell me that someone has devised a system whereby you can determine who is invested in what properties as each transaction will need to be litigated separately.

By: Anonymous on 4/10/08

rodewald is" b. s.ing "

contact YOUR SUPERVISOR then ask for answers and finally get on the agenda soon for a board of supervisors meeting. let them bring this issue before the public and out in the open.


by the way the statistical probability of there NOT being a positive correlation between these incidents computes in high 50 thousanths. a probability qoutient as you know depicts the relationship between 2 incidents or things and determines the possibility of a relationship of the variables versus purely a chance relationship.

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


April 10th, 2008 at 12:54 PM

By: Anonymous on 4/10/08

Perhaps Myron Knecht would not have to publish advertisements in periodicals if Karen Guth would simply supply the names of investors. Also, if there is no conspiracy and you are above board, Julie Rodewald, then get your damn computer up to date.

By: Anonymous on 4/10/08

To Insider,


Not that expensive? For many investors, struggling due to a lack of interest payments, $300 to $400 a piece for a title report is expensive.

By: Anonymous on 4/10/08

Surely these alignments are not coincidental. It is time for the bright light of this site to be shone on the Rodewalds' relationship with EF.

By: Anonymous on 4/10/08

It is time for Julie Rodewald to resign.

By: Anonymous on 4/10/08

Pass the hat. You need to get the help of a Title company. They are usually not that expensive. I've always found them quite accomadating. They don't even need to be local. Talk with a realtor you trust to give some advise. Get a professional to get the answers you need. Focus!


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