Andy Armanino – Man of the Month

Bishop O’Dowd High School should be ashamed.  So should Andy Armanino.  His firm just copped to its role in fleecing investors out of nearly $1 billion in retirement funds.  But anyway…Armanino is Bishop O’Dowd’s November Alum of the Month!

Congrats Andy!

We’re awfully proud of you and what you’ve accomplished.

Says Andy:

“We look at our key systems and ask ourselves if we were starting from scratch today would we do things differently,” Andy said. “If the answer is yes, we better have a pretty good reason for not changing.”

Did he ask that question when all of our hard-earned money was being “ponzied” down the toilet?

And it’s interesting that Armanino McKenna changed it’s name to Armanino recently.  Why?  Well, likely because of the scrutiny it was receiving from lawyers, judges, press, senior citizens, the DOJ, the FBI and God knows who else.  They should have gone with a far more common last name.

Once again, we get screwed and those in charge of the wrongdoing get celebrated. Again, thanks to Bishop O’Dowd High School for recognizing what a great human being Armanino really is….

Armanino Settlement Poll

 

NOTE:  All answers are confidential and will remain confidential unless you share information in the comment section of this specific post.

In Case You Missed It

ICYMI:

Per Equitatus, the SEC has slapped a few wrists very lightly.

We’ll never see any of the money the government will collect, but we did pay taxes on the money we “invested.”

Raise your hand if this makes you want to vomit.

Armanino McKenna Suit Settled

Per this link, Armanino has agreed to settle for $3.325 million.

Don’t be too excited, though.  This won’t even begin to make anyone whole.  Expect a check for very little and let it serve as a reminder of just how badly we were fleeced.

It’s not a goose egg, but the check coming back to the Robie household probably won’t even cover the cost of our Thanksgiving turkey.

This is in no way diminishes the outstanding efforts of Theodore H.D. Jones, Jeanie Kayser-Jones, and Robert Frost, who fought this battle on our behalf.

Please comment if/when you receive a check.

And in the meantime, “Be passionate about your profession.”

armanino

Coco Times Weighs In

Dear Media,

With the exception of Dan Noyes, where have you been and what took you so long?  This is a big story and deserves your attention.

Regards,

The Robie Family

STORY HERE:

http://www.contracostatimes.com/news/ci_26181046/local-investment-fund-accused-defrauding-investors-out-700

So

Looks like Kelly’s in jail.  Not for long, though, as August 14th is right around the corner, isn’t it?

May 08, 2014

U.S. Department of Justice
Federal Bureau of Prisons
Federal Correctional Complex Lompoc (Medium)
3901 Klein Boulevard
Lompoc, CA 93436
Phone: (805) 735-2771
Fax: (805) 736-1292
KELLY NG is currently incarcerated at Federal Correctional Complex Lompoc (Medium) and is scheduled for release on August 14, 2015. The inmate is not eligible for parole. Please be assured that, unless otherwise requested, we will keep you informed of all significant release-related activities pertaining to this inmate during the period of incarceration.

If at any time you have any questions or concerns regarding this program or the offender’s status, please do not hesitate to contact me at the above address or you may telephone the VNS Call Center.

Sincerely,

Jack Fox
Warden

The Rich Get Richer

I need to vent.

Remember Len Epstein and Phil Tagami?

No?  They’re the guys who got a primo piece of property from Walter in exchange for $10.00.  The property was valued at $13,000,000.  That’s $13 million.

This post might jog your memory:

Austin Val Verde

Turns out Tagami is behind the blight you see while driving across the Bay Bridge.  And he’s making MILLIONS doing so.

http://www.sfchronicle.com/bayarea/article/Giant-Bay-Bridge-billboards-light-up-debate-in-5329284.php?t=de8c86e56a3c100abe#/0 

Thanks Walter.  Thanks for taking all of our money.  And thanks for making sure that the ultra-wealthy, people like Epstein and Phil Tagami, could have some of our money.

Thank you for listening.  I wish I felt better, but I don’t.

Do you?