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!
We’re awfully proud of you and what you’ve accomplished.
“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….
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.
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.”
Posted in Armanino LLP, Armanino McKenna, Attorney General Kamala Harris, B-4 Partners, Bar-K, Barney J. Ng, Barney Ng, Bruce Horwitz, Dan Noyes, Department of Justice, Department of Real Estate, DOJ, Elliott Abrams, Eugene Rapp, Exchange Agreement, Fraud, Governor Jerry Brown, I-Team, Investment, Jerry Brown, Jim McKenna, Jim Weissenborn, Johnnie Lau, Kamala Harris, Kelly Law Group, Kelly Ng, Kelly Ng Volleyball Coach, KGO, Larceny, Lend Inc, Line of Credit, Mackinac Partners, Maribel Ng, Mortgage Fund '08, Pearl Tom, Proof of Claim form, RE Loans, RE Reno, Ripoff, Scam, SEC, Securities and Exchange Commission, Senator Barbara Boxer, Senator Dianne Feinstein, Stephanie NG Kelly, Structuring Transactions for the Purpose of Evading a Reporting Requirement, Susie Parker, Tami Barrows, Terrance Joe Chung, The Dishnica Group, Walter Ng, Walter Ng Investors, Well B Ng, Wells Fargo, Wells Fargo Foothill, WFF |
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.
The Robie Family
Posted in Attorney General Kamala Harris, B-4 Partners, Bankruptcy, Bar-K, Barney J. Ng, Barney Ng, Bruce Horwitz, California Department of Corporations, Chapter 11, Chapter 7, Christina Bouls, Contra Costa Times, Dan Noyes, Department of Justice, DOJ, FBI, Fraud, Governor Jerry Brown, Gross Bad Faith, I-Team, Investment, IRS, Jim Weissenborn, Kamala Harris, Kelly Ng, KGO, Mackinac Partners, Maggie McGee, Maribel Ng, Mortgage Fund '08, Personal Guarantee, RE FUTURE, RE Loans, RE Reno, Richard Brown, Rick Dishnica, SEC, Securities and Exchange Commission, Senator Barbara Boxer, Senator Dianne Feinstein, Susie Parker, Tami Barrows, The Dishnica Group, Walter Ng, Walter Ng Investors, Walter Ng Realty, Wells Fargo |
Tagged Bar K, Barney Ng, Bruce Horwitz, Dan Noyes, fraud, Guilty, Kelly Ng, Maribel Ng, Mortgage Fund, RE Loans, Walter and Kelly Ng, Walter Ng |
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.
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.
Posted in Austin Val Verde, Austin Val Verde Loan No. A0110, Bar-K, Bruce Horwitz, Kelly Ng, Len Epstein, Phil Tagami, RE Loans, Walter Ng |
Tagged Len Epstein, Phil Tagami?, Tagami |
LINK —> click HERE
Without Dan Noyes, we wouldn’t be on the map.