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Estate Financial chiefs’ arraignments postponed

Written on 27 Oct, 2008 in Uncovered SLO | 10 comments

By THE EDITORS San Luis Obispo Superior Court Judge Jac Crawford Monday agreed to continue the arraignment of Estate Financial Inc. principles Karen Guth and her son Joshua Yaguda on 26 felony charges to Nov. 21. Irvine-based attorney Dyke Huish requested the... (Continue reading)

Estate Financial investors have chance to claim assets

Written on 26 Oct, 2008 in Uncovered SLO | One comment

By KAREN VELIE Estate Financial Inc. investors have just 30 days to file any claim to assets belonging to EFI principals Karen Guth and her son Joshua Yaguda, according to a financial notice posted by the San Luis Obispo District Attorney’s... (Continue reading)

Is Paso’s water levy lawful?

Written on 24 Oct, 2008 in Uncovered SLO | 2 comments

Howard Jarvis alliance says no, no, no By DANIEL BLACKBURN An influential statewide taxpayer group views elements of Paso Robles’ proposed water rate increase as unlawful and unconstitutional, and is “strongly” advising city officials to take a different funding path. Findings of the... (Continue reading)

Lenders accused of fraud agree to surrender licenses

Written on 21 Oct, 2008 in Uncovered SLO | 3 comments

By KAREN VELIE and DANIEL BLACKBURN Hurst Financial Inc. president James Hurst Miller Jr. and his daughter Courtney Lee Brard admitted to state regulators their complicity in fraud. The pair agreed to forfeit their real estate licenses rather than dispute a large... (Continue reading)

U.S. troops deployed for U.S. election control

Written on 20 Oct, 2008 in Uncovered SLO | 5 comments

By KAREN VELIE and DANIEL BLACKBURN For the first time in more than a century and in apparent violation of federal law, the U.S. military soon will be policing American streets -- ostensibly to control anticipated post-election disruptions. Battle-trained infantry troops will... (Continue reading)

STAKEOUT CONFIDENTIAL: Seeing Guth and Yaguda in handcuffs

Written on 19 Oct, 2008 in Uncovered SLO | 4 comments

By THE EDITORS Law enforcement plans to grab Estate Financial Inc.’s principals some time Thursday raced through the investor community like rumors of rain during a drought. So we knew what was going to happen, we knew who, why, and where. But... (Continue reading)

CalCoastNews.com needs your help to stay the course

Written on 18 Oct, 2008 in Uncovered SLO | No comments

Do you enjoy reading CalCoastNews.com’s in-depth news and commentary? Do you like the investigative stories that the mainstream media often ignores until there is an arrest made or a press release provided? Now is your chance to make sure this... (Continue reading)

EFI ‘s Guth, Yaguda arrested on multiple fraud charges

Written on 16 Oct, 2008 in Uncovered SLO | 11 comments

By KAREN VELIE and DANIEL BLACKBURN Beleaguered Estate Financial Inc. (EFI) principals Karen Guth and her son Joshua Yaguda were arrested Thursday morning on 26 felony charges. A parade of a dozen San Luis Obispo County Sheriff, District Attorney, and state vehicles... (Continue reading)

Plans afoot to shutter (finally) Morro Bay’s skyline-busting power plant

Written on 15 Oct, 2008 in Uncovered SLO | 2 comments

By DANIEL BLACKBURN Officials at the Morro Bay Power Plant are planning to bring down the curtain on the 54-year-old facility and currently are telling city council members that “continued operation of the plant is unlikely” beyond 2015. Plant owner Dynegy’s representative... (Continue reading)

EFI UPDATE: Corporate criminals?

Written on 11 Oct, 2008 in Uncovered SLO | 2 comments

By KAREN VELIE and DANIEL BLACKBURN In an attempt to explain the ongoing financial calamity created by Estate Financial Inc. (EFI), trustees recently held a meeting in which they frequently used the “F” word (fraud) and appeared to explain an apparent... (Continue reading)