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Uncovered SLO


1st Choice Mortgage bites the dust

Written on 2 Apr, 2008 in Uncovered SLO | 2 comments

Another San Luis Obispo-based lender, Cameron Financial Group’s 1st Choice Mortgage, has failed, and San Luis Trust Bank is hit for $1 million. Pacific Coast Business Times staff writer Stephen Nellis provides the alarming details. www.pacbiztimes.com/index.cfm... (Continue reading)

Dalido accelerates bid to develop his property

Written on 1 Apr, 2008 in Uncovered SLO | 3 comments

By KAREN VELIE Ernie Dalidio’s legal team launched a new offensive last week to reinstate Measure J and asked a judge to reconsider a second negative ruling in the rancorous fight over development of his San Luis Obispo County acreage. Attorney Michael... (Continue reading)

Murdered ASH patient worried about alleged killer who just lost major court appeal

Written on 31 Mar, 2008 in Uncovered SLO | 2 comments

By DANIEL BLACKBURN The man suspected of strangling a fellow Atascadero State Hospital (ASH) patient to death with a towel over the weekend was on the losing end of an important, recent California Fourth District Court of Appeal decision upholding the... (Continue reading)

SLO County pension plan bleeding; is it unbowed?

Written on 25 Mar, 2008 in Uncovered SLO | 11 comments

SECOND IN A SERIES By DANIEL BLACKBURN County supervisors soon will learn that its hemorrhaging employee pension plan may find partial redemption by buying into in a struggling investment marketplace. But the plan’s top executive said Tuesday he worries that a declining economy... (Continue reading)

Dalidio eyes RICO lawsuit against development foes, alleges unfair business practices

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

By KAREN VELIE Local developers illegally interfered with the development of Ernie Dalidio’s property, costing him millions of dollars in lost revenue, the San Luis Obispo farmer claimed in court declarations filed earlier this month. At the same time, Dalido’s lawyers hinted... (Continue reading)

EXCLUSIVE: Alleged junkyard shooter of four is son of murdered SLO woman

Written on 20 Mar, 2008 in Uncovered SLO | 12 comments

Lee Isaac Bedwell Leeds, arrested this week for the shooting deaths of four people at a junk yard in Santa Maria, is the 31-year old son of Sharon Ostman, a homeless woman murdered in downtown San Luis Obispo. Ostman’s half-naked body... (Continue reading)

Hedges ponders appeal of Tangemans medical pot order as state high court considers deeper debate

Written on 18 Mar, 2008 in Uncovered SLO | 4 comments

By DANIEL BLACKBURN A battle of Titans unfolds: In one corner, a gaggle of California cities, counties, and law enforcement agencies; in the other, the state Supreme Court. In the middle of the ring is a small baggie of medical marijuana... (Continue reading)

UPDATE: Estate Financial investors fighting back

Written on 18 Mar, 2008 in Uncovered SLO | 22 comments

Investors, builders and attorneys squeezed into a large, sunny conference room at a beautiful, ocean-side hotel earlier this week to talk about something most found unpleasant: How they were going to recoup millions of unaccounted-for dollars placed with Paso Robles... (Continue reading)

Help support good journalism

Written on 14 Mar, 2008 in Uncovered SLO | 3 comments

Since its launch in January, UncoveredSLO.com has carved its niche in San Luis Obispo County, reporting on subjects that other local media won't, or can't. We have done so in the belief that an informed public is better than the... (Continue reading)

Hard money lending schemes creating fiscal chaos, devastating SLO County investors

Written on 13 Mar, 2008 in Uncovered SLO | 20 comments

By KAREN VELIE and DANIEL BLACKBURN A number of San Luis Obispo County investment firms have allegedly participated in schemes that may have already cost local investors more than $500 million, setting the stage for a colossal fiscal collapse unrivaled in... (Continue reading)