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Articles Tagged With ‘Estate Financial Inc.’




Estate Financial president Karen Guth getting out of prison early

Written on 11 Dec, 2013 in Featured, Uncovered SLO | 21 comments

A principal in a fraudulent $3oo million investment scheme she ran out of the Estate Financial Inc. office in Paso Robles, which financially ruined thousands of people, is slated to be released after serving a little more than six years... (Continue reading)

Josh Yaguda off probation

Written on 23 May, 2013 in Daily Briefs, Featured | 19 comments

A principal in a fraudulent $300 million investment scheme he ran out of the Estate Financial Inc. office in Paso Robles, which financially ruined thousands of people, has been taken of probation. After spending three years and four months of... (Continue reading)

Paso Robles Pasolivo olive ranch sold

Written on 16 Nov, 2012 in Daily Briefs, Featured | 16 comments

A Newport Beach family has purchased the Pasolivo olive oil business and its surrounding 131 ranch in Paso Robles, with the proceeds slated to help pay the victims of hard money lenders Karen Guth and Joshua Yaguda. [Tribune] Though the... (Continue reading)

Estate Financial felon getting out of prison early

Written on 5 Dec, 2011 in Daily Briefs, Featured | 30 comments

A principal in a fraudulent $3oo million investment scheme he ran out of the Estate Financial Inc. office in Paso Robles, which financially ruined thousands of people, is slated to be released after serving a little more than three years... (Continue reading)

Guth’s Pasolivo olive ranch sale squashed

Written on 5 Dec, 2011 in Featured, Uncovered SLO | 23 comments

A secretive process to sell Karen Guth’s Pasolivo Olive Ranch in Paso Robles has been stopped and the purchase of the ranch is now open to the public. Currently, the 131 acre ranch including three stand alone homes, a studio apartment... (Continue reading)

Heritage Oaks Bank loans ‘fed the monster’

Written on 23 Sep, 2011 in Featured, Uncovered SLO | 41 comments

An appellate court denied Heritage Oaks Bank's latest attempt to obtain assets of Estate Financial Principal Karen Guth, noting that the bank’s actions had harmed investors. Earlier this month, the Second District Court of Appeals upheld a San Luis Obispo County... (Continue reading)

DA’s office in secret deal to sell Pasolivo

Written on 13 Sep, 2011 in Featured, Uncovered SLO | 46 comments

The San Luis Obispo County District Attorney’s office is close to finalizing a deal to sell the Pasolivo Ranch property, which is to be used to reimburse victims of the Estate Financial investment fraud. But Deputy District Attorney Steve von Dohlen... (Continue reading)

Bryan Cave wants Estate Financial case dismissed

Written on 27 Jul, 2011 in Daily Briefs, Featured | 14 comments

A request by Bryan Cave attorneys to have a $184.7 million malpractice suit filed by Estate Financial Inc. (EFI) bankruptcy trustees dismissed is headed to federal court in Los Angeles. [PacificCoastBusinessTimes] On April 29, Thomas Jeremiassen, one of the EFI... (Continue reading)

EFI sues Bryan Cave attorneys $100 million for malpractice

Written on 3 May, 2011 in Uncovered SLO | 15 comments

A bankruptcy trustee filed suit Friday against Estate Financial Inc.’s (EFI) former attorney and her employing firm, Bryan Cave LLP, alleging a cover up which led to the swindling of more than $100 million from more than 1,500 San Luis... (Continue reading)

Round two in the Guth and Yaguda asset battle

Written on 23 Feb, 2010 in Daily Briefs | 6 comments

The battle over the assets of Estate Financial principals Joshua Yaguda and Karen Guth is slated to resume next month. Earlier today, San Luis Obispo Superior Court Judge Jac Crawford continued the asset distribution hearing until next month when banks, developers... (Continue reading)