Articles Tagged With ‘Kelly Gearhart’

Atascadero lender’s sentencing delayed

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)

Gearhart appraiser loses license over land fraud

An Atascadero-based appraiser whose inflated appraisals helped North County Developer Kelly Gearhart defraud investors out of more than $100 million has lost his license. The California Attorney General’s office ordered Terry Pippin to surrender his license in December. Pippin made false... (Continue reading)

Atascadero facing another water rate increase

Atascadero residents could see their water rates go up another 7.5 percent if officials at the Atascadero Mutual Water Company have their way. [AtascaderoNews] On Jan. 11, the Atascadero Mutual Water Company (AMWC) Board will discuss if the rate increase... (Continue reading)

Salinan Tribe applies for federal recognition

The local Salinan Indian Tribe has again applied for recognition from the federal government. [Tribune] Last week, the tribe sent 920 pounds of documents to the federal government supporting the tribe’s request. Chris Molina, a spokesman for the Salinan Tribe... (Continue reading)

Kelly Gearhart accused of assault

No arrests were made or charges filed in connection with a July disturbance with injuries at the Ohio home of former Atascadero man-of-the-year Kelly Gearhart Terry Locklear, 55, said he is still recovering from the altercation where he contends Gearhart... (Continue reading)

Hurst Financial president charged with defrauding investors

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

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)

Heritage Oaks Bank makes out while investors lose

After battling for a cut of developer Kelly Gearhart’s Vista del Hombre property, Heritage Oaks Bank in San Luis Obispo walked away with most of the controversial developer’s land in Paso Robles. At the same time, a federal bankruptcy court in... (Continue reading)

Stewart Title settles with Gearhart investors

Stewart Title settled with investors of former North County developer Kelly Gearhart for approximately 27 percent of their investments in seven lots off Highway 41 near U.S. Highway 101 in Atascadero. Stewart Title paid investors in the five residential lots and... (Continue reading)

San Luis Trust Bank facing threat of seizure

San Luis Trust Bank (SLTB) may soon be added to the FDIC’s list of failed banks unless it pulls itself out of a “critically undercapitalized” state, according to federal regulators. The bank’s regulator, the Federal Office of Thrift Supervision (OTS), says... (Continue reading)