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February, 2009

Gearhart files bankruptcy

Written on 12 Feb, 2009 in Uncovered SLO | 2 comments

By KAREN VELIE Kelly Gearhart, a North County developer with ties to hard money lender Hurst Financial, has filed for Chapter 7 bankruptcy protection in Ohio. Gearhart and his wife, Tamara Lowe, filed the bankruptcy petition on Wednesday, stating $6.5 million in... (Continue reading)

Deputies seeking sheriffs’ union split

Written on 10 Feb, 2009 in Uncovered SLO | 3 comments

By KAREN VELIE Members of the county’s largest and most influential union have mounted an aggressive campaign to divide the Deputies Sheriff’s Association (DSA) into two separate unions. If the action is successful, one union would be comprised of sworn peace officers,... (Continue reading)

Developer blames downturn in the market

Written on 7 Feb, 2009 in Uncovered SLO | One comment

Robert Fowler forgot to pay some taxes on his 100 acre property near the Santa Margarita Ranch development. In 2005, at the top of the market, Fowler failed to pay $619,000 in taxes and penalties. While Tom Daschle threw his... (Continue reading)

EFI victims question attorney’s actions

Written on 4 Feb, 2009 in Uncovered SLO | 6 comments

By KAREN VELIE and DANIEL BLACKBURN An attorney with a prominent San Luis Obispo law firm who injected himself into the ongoing hard money lending scandal has assembled a group of investor clients with apparently competing interests. Roger Frederickson of the Sinsheimer... (Continue reading)