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Articles Tagged With ‘Hurst Financial Corp’




Former Atascadero lender sentenced to 7 years

Written on 20 Oct, 2015 in Daily Briefs, Featured | 15 comments

By KAREN VELIE Former Hurst Financial principal James Miller was sentenced to seven years in federal prison on Monday for misappropriating millions of dollars that victims invested in Central Coast real estate projects and for helping developer Kelly Gearhart defraud... (Continue reading)

James Miller pleads guilty, daughter gets immunity

Written on 30 Jan, 2014 in Featured, Uncovered SLO | 20 comments

By KAREN VELIE Former Hurst Financial President James Miller agreed to plead guilty to a four-count criminal complaint under an agreement that his daughter Courtney Brard will not be prosecuted. Miller, 63, pled guilty in 2011 to charges of mail... (Continue reading)

Kelly Gearhart and James Miller receive another reprieve

Written on 17 Jan, 2014 in Featured, Uncovered SLO | 23 comments

By KAREN VELIE For the fifth time, former North County developer Kelly Gearhart’s fraud trial and Hurst Financial president James Miller’s sentencing hearing have been delayed. A federal judge continued Gearhart’s trial from Feb. 18 to June 17. Miller’s hearing... (Continue reading)

Heritage Oaks Bank settles with Gearhart investors

Written on 30 Jul, 2013 in Featured, Uncovered SLO | 32 comments

By KAREN VELIE In a last minute decision, Heritage Oaks Bank agreed to settle with investors in Hurst Financial’s Vista del Hombre project in Paso Robles for a currently undisclosed amount of money, an investor said. The settlement was agreed... (Continue reading)

Tom Murrell accused of benefiting from Gearhart fraud

Written on 9 Jul, 2013 in Featured, Uncovered SLO | 20 comments

By KAREN VELIE San Luis Obispo County Superior Court Judge Charles Crandall Monday denied a motion to dismiss a lawsuit against Cuesta Title, Stewart Title and Heritage Oaks Bank noting the defendants were aware of wrongdoings. In 2009, more than... (Continue reading)

James Hurst Miller’s sentencing delayed, again

Written on 20 Jun, 2012 in Daily Briefs, Featured | 8 comments

An Atascadero lender facing up to 80 years in federal prison will have a few more months of freedom after a judge delayed his sentencing for a second time. James Hurst Miller, the former president of Hurst Financial Inc., agreed... (Continue reading)

Atascadero lender’s sentencing delayed

Written on 9 Jan, 2012 in Daily Briefs, Featured | 15 comments

An Atascadero man awaiting sentencing on federal fraud charges was given a few more months of freedom after a judge delayed his sentencing hearing from March 26 to June 25, according to a court order. James Hurst Miller, the former... (Continue reading)

Plea agreement reached in Hurst Financial fraud case

Written on 16 Sep, 2011 in Daily Briefs, Featured | 29 comments

A former Atascadero lender has agreed to plead guilty to charges of swindling as many as 1,200 investors out of more than $100 million in a fraudulent investment scheme, according to the court docket. James Hurst Miller and federal prosecutors agreed... (Continue reading)

Hurst Financial president charged with defrauding investors

Written on 18 Aug, 2011 in Featured, Uncovered SLO | 86 comments

The U.S. attorney office today filed federal fraud and money laundering charges against the head of an Atascadero financial company alleging that he bilked investors in Central Coast real estate projects. The money was ultimately siphoned off for other purposes,... (Continue reading)

HFI executive bargaining for less prison time

Written on 22 Apr, 2011 in Featured, Uncovered SLO | 66 comments

Hurst Financial, Inc. (HFI) president Jay Miller is working on a plea agreement with federal prosecutors in exchange for his testimony against former north county developer Kelly Gearhart, according to inside sources. Miller, 63, is asking to be incarcerated in a... (Continue reading)