Articles Tagged With ‘Hard Money Lenders’




Judge reinstates Jarmin and Jordan plea deals

A San Luis Obispo judge has reinstated plea deals that will allow hard money lenders Rod Jarmin and Tammy Jordan to escape jail time. San Luis Obispo County prosecutors had been trying for months to overturn the plea agreements, but... (Continue reading)

Plea deals for Jarmin and Jordan likely to be reinstated

A California appellate court has indicated it would rule to reinstate the plea deals San Luis Obispo County prosecutors made last year with hard money lenders Rod Jarmin and Tammy Jordan. The plea agreements would allow Jarmin and Jordan to... (Continue reading)

Felony charges reinstated against Jarmin and Jordan

San Luis Obispo County Superior Court Judge Donald Umhofer reinstated seven felony charges against Real Property Lenders of Paso Robles principals Rod Jarmin and Tammy Jordan on Wednesday and then recused himself from any further proceedings. In April 2014, hard... (Continue reading)

Developers practices draw questions, complaints

By KAREN VELIE Editor’s note: This is the first in a series about developers Ryan Petetit and John Belsher, their development projects, their promises to investors of 20 to 50 percent rates of return, legal troubles, and reported failures to... (Continue reading)

Judge asks why Cuesta Title was not indicted

By KAREN VELIE During the first day of former North County developer Kelly Gearhart’s sentencing hearing, Gearhart’s attorney attempted to paint his client as a previously honest man whose missteps were a result of the downturn in the market while... (Continue reading)

SLO jury awards Chuck Liddell nearly $2 million

A San Luis Obispo jury awarded mixed martial arts champion Chuck Liddell approximately $2 million in his lawsuit against Cuesta Title, the company that worked closely with convicted North County developer Kelly Gearhart. Liddell alleged that Cuesta Title helped Gearhart... (Continue reading)

Chuck Liddell lawsuit goes to jury

Following a five-week trial, a San Luis Obispo County jury is now deliberating as to whether Cuesta Title Company aided and abetted former North County developer Kelly Gearhart in defrauding mixed martial arts champion Chuck Liddell. [Tribune] Liddell claims he... (Continue reading)

Rod Jarmin and Tammy Jordan’s trial starts Monday

By KAREN VELIE Four years after they were arrested for seven counts of fraud and embezzlement, Real Property Lenders (RPL) of Paso Robles principals Rod Jarmin and Tammy Jordan’s trial will begin on Monday. In April 2014, Jarmin, 76, and... (Continue reading)

Victims chastise Kelly Gearhart at hearing

By KAREN VELIE Former North County developer Kelly Gearhart sat stone-faced Monday as eight of his financial fraud victims told a federal judge in Los Angeles how Gearhart showed no mercy for the elderly victims he preyed upon. Each of... (Continue reading)

Probation department seeking low sentence for Gearhart

By KAREN VELIE With just two weeks until Kelly Gearhart’s sentencing hearing, his probation officer and federal prosecutors are disagreeing over the number of the defendant’s victims, a fact that partially determines sentencing guidelines. While both sides agree on most... (Continue reading)