San Luis Obispo attorney John Belsher, Wright lose motion for a retrial

September 3, 2024

John Belsher and Ryan Petetit, also known as Ryan Wright

By KAREN VELIE

San Luis Obispo attorney John Belsher and his partner Ryan Wright lost their bid for a new trial on Monday morning.

In a scheme rife with fraud and deceit, Belsher bilked his clients out of millions of dollars while living a life of luxury. On May, 23, Superior Court Judge Michael Kelley ordered Belsher and his partner Ryan Petetit to pay more than $3.6 million to Debra and Jeff Chase, a couple the pair bilked out of nearly $3 million they invested in four of the developers’ projects.

Under their PB Companies’ name, Belsher and Petetit borrowed money from banks and hard money lenders to fund more than a dozen projects they valued at over $300 million. Belsher also solicited his friends and clients to invest, a group that included the Chases.

Even though Belsher served as both his and Wright’s attorney during the civil trial, Belsher hired attorney Neil Tardiff to represent him post trial. Attorney Roy Ogden is listed on the court calendar as Wright’s attorney. In a motion for a new trial, the losing party asks the trial court to reexamine one or more issues of fact or law.

The defendants’ first argument concerns Wright, who has been in custody in a federal jail in Los Angeles since his arrest on Oct. 30. Wright contends he was not afforded a fair trial because of issues with his Zoom connection while in custody. As a result, Wright argues he was unable to have meaningful and timely access to his attorney, Belsher.

During the bulk of the trial, Wright, who claimed he was living in the Los Angeles area, attended trial through Zoom. Trial began on Oct. 17, 2023. Wright attended via Zoom through Oct. 27.

During a hiatus in the trial, on Oct. 30, federal agents arrested Wright at his home in Grover Beach on a three-count indictment charging him with conspiracy to bribe former SLO County Supervisor Adam Hill, falsification of records and obstruction of justice.

After pleading the fifth during his deposition regarding the Chase lawsuit, Wright was barred from testifying at trial.

While attending the trial via Zoom while incarcerated, on Nov. 20, Wright failed repeatedly to respond to the judge, leading to a half-day delay. On other dates, Wright would leave Zoom while the trial was ongoing.

“The record is quite clear, that the court offered meaningful accommodations to Wright’s counsel to protect Wright’s rights in terms of the ability to consult with counsel before the counsel was required to commence or complete the examination of witnesses,” according to Judge Kelley’s tentative ruling. “There is no merit to the argument that any of the court’s rulings constitute an irregularity in the proceeding.”

The defendants also argue that the court abused its discretion by refusing to take judicial notice of the formation date of Belsher Law. However, at the time Belsher made the request, the record was closed.

Next, the defendants argue the court’s findings regarding recission were made without foundation in the pleadings or in the relevant statutory authority. However, rescission is available as a remedy for both breach of contract and breach of fiduciary duty.

Judge Kelley denied the defendants’ motion for a new trial on the basis that there were irregularities in the proceedings. Neither Ryan Wright, Tardiff nor Ogden attended the hearing on Monday.

 


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Ryan Pettit once gave a me a glimmer of hope….. whether real or fraudulent, I will NOT dismiss that. I’m sick of these “updates” and “recaps”. Enough already.


That “glimmer” may have been him just telling you what you wanted to hear. He is a convicted fraudster under federal criminal indictiment. Whatever he offered you probably wasn’t real. If you don’t like the stories, don’t click on them to read them.


perspective, you are joking, right?


The accompanied picture of these 2 con men is a reminder that being fallible is a human condition. The caveat is, is that these 2 con men believed they were infallible. It is unfortunate that the fallible had to prove this by being hoaxed into their evil lies.

Both men deserve a severe punishment, and I hope those who were taken in by them will be recompensed.

Oh yes, Buyer Beware.


Madoff University, lesson 1A, If it sounds too good to be true and you are told you are one of the chosen few deemed lucky enough to invest, RUN.


BINGO!

“the love of money is the root of all evil” 1 Timothy 6:10

Catch the desire, get the itch.


Diabolical takes a being without a soul to do something like this.


When is Belsher going to jail with his buddy Wright?


How is he still a lawyer?


Maybe not anytime soon. Sure looks like the Charlatan rat finked on Wright and the rest of the pack of Jackals to save his ass while he hides out in the woods of Michigan.


My guess is that they wen’t after Wright first to try to get him to flip on Belsher. Belsher is more dangerous becuase he abused his position of trust as an attorney. He is a bigger “get” for the feds than Wright is. They have more evidence on Wright because Belsher probably protected himself better than he watched out for Wright. So, they arrest him, show him the case they have against him, and wait for him to flip on Belsher and give them more evidence. At least that is what I hope is happening if in fact they are guilty of what they have been accused of.


Maybe soon


These two clowns should be required to repay every cent to the tax payers who are funding this circus. Flush the toilet on these turds.