- This topic has 565 replies, 30 voices, and was last updated 13 years, 1 month ago by
urbanrealtor.
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AuthorPosts
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February 24, 2008 at 10:28 PM #11919
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February 24, 2008 at 11:18 PM #159278
patientrenter
ParticipantWell, I don’t want to go to jail either, but I would be very happy if:
(a) borrowers who can afford to pay off some negative equity that is subject to a recourse loan, but trying to avoid it, were exposed as the untrustworthy cheats of their creditors that they are, and
(b) lenders who are not even making a good-faith effort to recover on recourse loans, and who are planning to participate in a later bailout, were also exposed as the untrustworthy cheats of the taxpayers that they are.
It wouldn’t surprise me if, whatever legal grounds the executive is now claiming, the real reason he is trying to silence ocrenter is because his unnecessary failure to pay his debts has been exposed to all.
Patient renter in OC
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February 24, 2008 at 11:18 PM #159571
patientrenter
ParticipantWell, I don’t want to go to jail either, but I would be very happy if:
(a) borrowers who can afford to pay off some negative equity that is subject to a recourse loan, but trying to avoid it, were exposed as the untrustworthy cheats of their creditors that they are, and
(b) lenders who are not even making a good-faith effort to recover on recourse loans, and who are planning to participate in a later bailout, were also exposed as the untrustworthy cheats of the taxpayers that they are.
It wouldn’t surprise me if, whatever legal grounds the executive is now claiming, the real reason he is trying to silence ocrenter is because his unnecessary failure to pay his debts has been exposed to all.
Patient renter in OC
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February 24, 2008 at 11:18 PM #159587
patientrenter
ParticipantWell, I don’t want to go to jail either, but I would be very happy if:
(a) borrowers who can afford to pay off some negative equity that is subject to a recourse loan, but trying to avoid it, were exposed as the untrustworthy cheats of their creditors that they are, and
(b) lenders who are not even making a good-faith effort to recover on recourse loans, and who are planning to participate in a later bailout, were also exposed as the untrustworthy cheats of the taxpayers that they are.
It wouldn’t surprise me if, whatever legal grounds the executive is now claiming, the real reason he is trying to silence ocrenter is because his unnecessary failure to pay his debts has been exposed to all.
Patient renter in OC
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February 24, 2008 at 11:18 PM #159593
patientrenter
ParticipantWell, I don’t want to go to jail either, but I would be very happy if:
(a) borrowers who can afford to pay off some negative equity that is subject to a recourse loan, but trying to avoid it, were exposed as the untrustworthy cheats of their creditors that they are, and
(b) lenders who are not even making a good-faith effort to recover on recourse loans, and who are planning to participate in a later bailout, were also exposed as the untrustworthy cheats of the taxpayers that they are.
It wouldn’t surprise me if, whatever legal grounds the executive is now claiming, the real reason he is trying to silence ocrenter is because his unnecessary failure to pay his debts has been exposed to all.
Patient renter in OC
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February 24, 2008 at 11:18 PM #159666
patientrenter
ParticipantWell, I don’t want to go to jail either, but I would be very happy if:
(a) borrowers who can afford to pay off some negative equity that is subject to a recourse loan, but trying to avoid it, were exposed as the untrustworthy cheats of their creditors that they are, and
(b) lenders who are not even making a good-faith effort to recover on recourse loans, and who are planning to participate in a later bailout, were also exposed as the untrustworthy cheats of the taxpayers that they are.
It wouldn’t surprise me if, whatever legal grounds the executive is now claiming, the real reason he is trying to silence ocrenter is because his unnecessary failure to pay his debts has been exposed to all.
Patient renter in OC
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February 24, 2008 at 11:19 PM #159287
robson
ParticipantNot a lawyer either, but studied a little law in school. Pretty sure the only difference being a public figure or not makes in a libel case is that if you are a public official, you have to prove some factual statement was not only false, but that the publisher knew it was false and published it anyway.
Public figure or not, I don’t think you can win a libel case unless you prove a statement was false. Opinions cannot be proven false.
If anyone has extra info on this topic I’d love to hear it. -
February 24, 2008 at 11:19 PM #159581
robson
ParticipantNot a lawyer either, but studied a little law in school. Pretty sure the only difference being a public figure or not makes in a libel case is that if you are a public official, you have to prove some factual statement was not only false, but that the publisher knew it was false and published it anyway.
Public figure or not, I don’t think you can win a libel case unless you prove a statement was false. Opinions cannot be proven false.
If anyone has extra info on this topic I’d love to hear it. -
February 24, 2008 at 11:19 PM #159597
robson
ParticipantNot a lawyer either, but studied a little law in school. Pretty sure the only difference being a public figure or not makes in a libel case is that if you are a public official, you have to prove some factual statement was not only false, but that the publisher knew it was false and published it anyway.
Public figure or not, I don’t think you can win a libel case unless you prove a statement was false. Opinions cannot be proven false.
If anyone has extra info on this topic I’d love to hear it. -
February 24, 2008 at 11:19 PM #159603
robson
ParticipantNot a lawyer either, but studied a little law in school. Pretty sure the only difference being a public figure or not makes in a libel case is that if you are a public official, you have to prove some factual statement was not only false, but that the publisher knew it was false and published it anyway.
Public figure or not, I don’t think you can win a libel case unless you prove a statement was false. Opinions cannot be proven false.
If anyone has extra info on this topic I’d love to hear it. -
February 24, 2008 at 11:19 PM #159676
robson
ParticipantNot a lawyer either, but studied a little law in school. Pretty sure the only difference being a public figure or not makes in a libel case is that if you are a public official, you have to prove some factual statement was not only false, but that the publisher knew it was false and published it anyway.
Public figure or not, I don’t think you can win a libel case unless you prove a statement was false. Opinions cannot be proven false.
If anyone has extra info on this topic I’d love to hear it. -
February 25, 2008 at 12:02 AM #159352
Coronita
ParticipantI guess the real lesson to be learned here is that folks that f* up their finances comes in all shapes, colors, and sizes. Good lord.Â
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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February 25, 2008 at 7:08 AM #159377
Bugs
ParticipantIf I remember correctly, the borrower in question is employed in the financial services business. I can see why negative opinions about his financial acumen and his ethical conduct might cut into his employment.
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February 25, 2008 at 7:08 AM #159675
Bugs
ParticipantIf I remember correctly, the borrower in question is employed in the financial services business. I can see why negative opinions about his financial acumen and his ethical conduct might cut into his employment.
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February 25, 2008 at 7:08 AM #159689
Bugs
ParticipantIf I remember correctly, the borrower in question is employed in the financial services business. I can see why negative opinions about his financial acumen and his ethical conduct might cut into his employment.
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February 25, 2008 at 7:08 AM #159693
Bugs
ParticipantIf I remember correctly, the borrower in question is employed in the financial services business. I can see why negative opinions about his financial acumen and his ethical conduct might cut into his employment.
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February 25, 2008 at 7:08 AM #159768
Bugs
ParticipantIf I remember correctly, the borrower in question is employed in the financial services business. I can see why negative opinions about his financial acumen and his ethical conduct might cut into his employment.
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February 25, 2008 at 7:44 AM #159396
Coronita
ParticipantWhat I don't get is usually everything is in public records, so anyone can do a search and piece things together. I'm not getting folks who what to sue over a blog. Some people are just too sensitive these days. PC this, pc that. Ssssh. Still, i guess it's best practice to be anonymous.
If folks really want to be anonymous, there's way to register with the county so that some of your records are so easily searchable. Â
Man, maybe I need to change my handle. I might be offending vertically/horizontally challenged or lazy or unionized people.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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February 25, 2008 at 7:45 AM #159411
VoZangre
ParticipantHello!! Hello!!
Sounds like a hollow threat made by an irked jerk.
YOu can practically hear the echo when look within to see
if there is any substance…ciao for now…
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February 25, 2008 at 7:57 AM #159416
ocrenter
Participantnope, no names were mentioned on the original post nor by myself in the commentary. I tried to remove a post containing the name of the defaultee, but couldn’t keep up.
I didn’t have time to keep removing the “name” once readers started digging things up.
the defaultee was the CIO of a company that specialized in mortgage fraud fighting software. then became the CEO of a company that specialize in electronic mortgage and loan documents.
If folks really want to be anonymous, there’s way to register with the county so that some of your records are so easily searchable.
this guy made himself very searchable by google, you get his entire bio and resume and hobbies within seconds. that’s why my readers had a field day on this one.
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February 25, 2008 at 8:07 AM #159421
bsrsharma
ParticipantIf you didn’t publish the name and someone else researched and published it, I just can’t imagine you being in legal jeopardy for any reason. But they can always harass and threaten you, completely illegally!
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February 25, 2008 at 8:07 AM #159720
bsrsharma
ParticipantIf you didn’t publish the name and someone else researched and published it, I just can’t imagine you being in legal jeopardy for any reason. But they can always harass and threaten you, completely illegally!
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February 25, 2008 at 8:07 AM #159734
bsrsharma
ParticipantIf you didn’t publish the name and someone else researched and published it, I just can’t imagine you being in legal jeopardy for any reason. But they can always harass and threaten you, completely illegally!
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February 25, 2008 at 8:07 AM #159738
bsrsharma
ParticipantIf you didn’t publish the name and someone else researched and published it, I just can’t imagine you being in legal jeopardy for any reason. But they can always harass and threaten you, completely illegally!
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February 25, 2008 at 8:07 AM #159812
bsrsharma
ParticipantIf you didn’t publish the name and someone else researched and published it, I just can’t imagine you being in legal jeopardy for any reason. But they can always harass and threaten you, completely illegally!
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February 25, 2008 at 7:57 AM #159715
ocrenter
Participantnope, no names were mentioned on the original post nor by myself in the commentary. I tried to remove a post containing the name of the defaultee, but couldn’t keep up.
I didn’t have time to keep removing the “name” once readers started digging things up.
the defaultee was the CIO of a company that specialized in mortgage fraud fighting software. then became the CEO of a company that specialize in electronic mortgage and loan documents.
If folks really want to be anonymous, there’s way to register with the county so that some of your records are so easily searchable.
this guy made himself very searchable by google, you get his entire bio and resume and hobbies within seconds. that’s why my readers had a field day on this one.
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February 25, 2008 at 7:57 AM #159729
ocrenter
Participantnope, no names were mentioned on the original post nor by myself in the commentary. I tried to remove a post containing the name of the defaultee, but couldn’t keep up.
I didn’t have time to keep removing the “name” once readers started digging things up.
the defaultee was the CIO of a company that specialized in mortgage fraud fighting software. then became the CEO of a company that specialize in electronic mortgage and loan documents.
If folks really want to be anonymous, there’s way to register with the county so that some of your records are so easily searchable.
this guy made himself very searchable by google, you get his entire bio and resume and hobbies within seconds. that’s why my readers had a field day on this one.
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February 25, 2008 at 7:57 AM #159733
ocrenter
Participantnope, no names were mentioned on the original post nor by myself in the commentary. I tried to remove a post containing the name of the defaultee, but couldn’t keep up.
I didn’t have time to keep removing the “name” once readers started digging things up.
the defaultee was the CIO of a company that specialized in mortgage fraud fighting software. then became the CEO of a company that specialize in electronic mortgage and loan documents.
If folks really want to be anonymous, there’s way to register with the county so that some of your records are so easily searchable.
this guy made himself very searchable by google, you get his entire bio and resume and hobbies within seconds. that’s why my readers had a field day on this one.
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February 25, 2008 at 7:57 AM #159806
ocrenter
Participantnope, no names were mentioned on the original post nor by myself in the commentary. I tried to remove a post containing the name of the defaultee, but couldn’t keep up.
I didn’t have time to keep removing the “name” once readers started digging things up.
the defaultee was the CIO of a company that specialized in mortgage fraud fighting software. then became the CEO of a company that specialize in electronic mortgage and loan documents.
If folks really want to be anonymous, there’s way to register with the county so that some of your records are so easily searchable.
this guy made himself very searchable by google, you get his entire bio and resume and hobbies within seconds. that’s why my readers had a field day on this one.
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February 25, 2008 at 7:45 AM #159710
VoZangre
ParticipantHello!! Hello!!
Sounds like a hollow threat made by an irked jerk.
YOu can practically hear the echo when look within to see
if there is any substance…ciao for now…
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February 25, 2008 at 7:45 AM #159724
VoZangre
ParticipantHello!! Hello!!
Sounds like a hollow threat made by an irked jerk.
YOu can practically hear the echo when look within to see
if there is any substance…ciao for now…
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February 25, 2008 at 7:45 AM #159728
VoZangre
ParticipantHello!! Hello!!
Sounds like a hollow threat made by an irked jerk.
YOu can practically hear the echo when look within to see
if there is any substance…ciao for now…
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February 25, 2008 at 7:45 AM #159802
VoZangre
ParticipantHello!! Hello!!
Sounds like a hollow threat made by an irked jerk.
YOu can practically hear the echo when look within to see
if there is any substance…ciao for now…
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February 25, 2008 at 7:44 AM #159695
Coronita
ParticipantWhat I don't get is usually everything is in public records, so anyone can do a search and piece things together. I'm not getting folks who what to sue over a blog. Some people are just too sensitive these days. PC this, pc that. Ssssh. Still, i guess it's best practice to be anonymous.
If folks really want to be anonymous, there's way to register with the county so that some of your records are so easily searchable. Â
Man, maybe I need to change my handle. I might be offending vertically/horizontally challenged or lazy or unionized people.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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February 25, 2008 at 7:44 AM #159709
Coronita
ParticipantWhat I don't get is usually everything is in public records, so anyone can do a search and piece things together. I'm not getting folks who what to sue over a blog. Some people are just too sensitive these days. PC this, pc that. Ssssh. Still, i guess it's best practice to be anonymous.
If folks really want to be anonymous, there's way to register with the county so that some of your records are so easily searchable. Â
Man, maybe I need to change my handle. I might be offending vertically/horizontally challenged or lazy or unionized people.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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February 25, 2008 at 7:44 AM #159714
Coronita
ParticipantWhat I don't get is usually everything is in public records, so anyone can do a search and piece things together. I'm not getting folks who what to sue over a blog. Some people are just too sensitive these days. PC this, pc that. Ssssh. Still, i guess it's best practice to be anonymous.
If folks really want to be anonymous, there's way to register with the county so that some of your records are so easily searchable. Â
Man, maybe I need to change my handle. I might be offending vertically/horizontally challenged or lazy or unionized people.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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February 25, 2008 at 7:44 AM #159788
Coronita
ParticipantWhat I don't get is usually everything is in public records, so anyone can do a search and piece things together. I'm not getting folks who what to sue over a blog. Some people are just too sensitive these days. PC this, pc that. Ssssh. Still, i guess it's best practice to be anonymous.
If folks really want to be anonymous, there's way to register with the county so that some of your records are so easily searchable. Â
Man, maybe I need to change my handle. I might be offending vertically/horizontally challenged or lazy or unionized people.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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February 25, 2008 at 12:02 AM #159649
Coronita
ParticipantI guess the real lesson to be learned here is that folks that f* up their finances comes in all shapes, colors, and sizes. Good lord.Â
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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February 25, 2008 at 12:02 AM #159663
Coronita
ParticipantI guess the real lesson to be learned here is that folks that f* up their finances comes in all shapes, colors, and sizes. Good lord.Â
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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February 25, 2008 at 12:02 AM #159669
Coronita
ParticipantI guess the real lesson to be learned here is that folks that f* up their finances comes in all shapes, colors, and sizes. Good lord.Â
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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February 25, 2008 at 12:02 AM #159744
Coronita
ParticipantI guess the real lesson to be learned here is that folks that f* up their finances comes in all shapes, colors, and sizes. Good lord.Â
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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February 25, 2008 at 7:35 AM #159382
bsrsharma
ParticipantConnecting address and tax records gave a name
It is not clear to me if OCRenter published the name or a reader could infer it from his own research. If OCR didn't publish the name, I think he is on pretty strong ground. If he did, that was probably not a good idea. His story would be equally interesting if he just said "Joe Smith " (or even F*D Borrower!) without revealing buyer's identity.
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February 25, 2008 at 7:42 AM #159387
JWM in SD
ParticipantJWM in SD
Pretty sure he mentioned the name. I agree, it probably would have been wiser to not name the person, but I don’t what the legal ramifications are as a result if any.
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February 25, 2008 at 7:42 AM #159685
JWM in SD
ParticipantJWM in SD
Pretty sure he mentioned the name. I agree, it probably would have been wiser to not name the person, but I don’t what the legal ramifications are as a result if any.
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February 25, 2008 at 7:42 AM #159699
JWM in SD
ParticipantJWM in SD
Pretty sure he mentioned the name. I agree, it probably would have been wiser to not name the person, but I don’t what the legal ramifications are as a result if any.
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February 25, 2008 at 7:42 AM #159703
JWM in SD
ParticipantJWM in SD
Pretty sure he mentioned the name. I agree, it probably would have been wiser to not name the person, but I don’t what the legal ramifications are as a result if any.
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February 25, 2008 at 7:42 AM #159778
JWM in SD
ParticipantJWM in SD
Pretty sure he mentioned the name. I agree, it probably would have been wiser to not name the person, but I don’t what the legal ramifications are as a result if any.
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February 25, 2008 at 7:35 AM #159680
bsrsharma
ParticipantConnecting address and tax records gave a name
It is not clear to me if OCRenter published the name or a reader could infer it from his own research. If OCR didn't publish the name, I think he is on pretty strong ground. If he did, that was probably not a good idea. His story would be equally interesting if he just said "Joe Smith " (or even F*D Borrower!) without revealing buyer's identity.
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February 25, 2008 at 7:35 AM #159694
bsrsharma
ParticipantConnecting address and tax records gave a name
It is not clear to me if OCRenter published the name or a reader could infer it from his own research. If OCR didn't publish the name, I think he is on pretty strong ground. If he did, that was probably not a good idea. His story would be equally interesting if he just said "Joe Smith " (or even F*D Borrower!) without revealing buyer's identity.
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February 25, 2008 at 7:35 AM #159698
bsrsharma
ParticipantConnecting address and tax records gave a name
It is not clear to me if OCRenter published the name or a reader could infer it from his own research. If OCR didn't publish the name, I think he is on pretty strong ground. If he did, that was probably not a good idea. His story would be equally interesting if he just said "Joe Smith " (or even F*D Borrower!) without revealing buyer's identity.
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February 25, 2008 at 7:35 AM #159773
bsrsharma
ParticipantConnecting address and tax records gave a name
It is not clear to me if OCRenter published the name or a reader could infer it from his own research. If OCR didn't publish the name, I think he is on pretty strong ground. If he did, that was probably not a good idea. His story would be equally interesting if he just said "Joe Smith " (or even F*D Borrower!) without revealing buyer's identity.
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February 25, 2008 at 8:12 AM #159431
jpinpb
ParticipantI remember looking at that post and OC didn’t post a name. He did say he was a CIO, then CEO, not even saying what company. He did not disclose that info. Anyone “really” interested could go to county and look it up, if it mattered and you wanted to bother.
I think it’s BS. Shame on them for stooping so low. Public information and NOT making any false statements. Call the ACLU.
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February 25, 2008 at 8:50 AM #159471
patientlywaiting
ParticipantHere you go for more titilating information.
http://www.socalbubble.com/2008/02/speech-may-not-be-free-but-the-truth-will-set-you.html
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February 25, 2008 at 8:54 AM #159477
patientlywaiting
ParticipantI don’t believe there’s anything wrong with publishing this public information as long as there’s no potentially libelous comments. Rich can delete this post if he wishes. Up to him.
14160 BRYCE POINT, Poway, CA 92064
4 beds, 5.5 baths, 7,716 sq ft on 1.3 acres
05/2005: purchased for $3.42 million
06/2007: listed on MLS for $3.295 million
Price Reduced: 08/23/07 — $3,295,000 to $2,995,000
Price Reduced: 01/08/08 — $2,995,000 to $2,895,000
Price Increased: 01/10/08 — $2,895,000 to $2,995,000
Price Reduced: 01/10/08 — $2,995,000 to $2,895,000
02/04/2008: NOD filed.
02/21/2008: 247 days on market and over $500,000 discount from almost 3 years ago and still no sale. -
February 25, 2008 at 9:03 AM #159482
patientlywaiting
Participantlibelous
li·bel·ous
adjective
Definition:
false and harmful to somebody’s reputation: constituting or containing a false published statement that damages somebody’s reputation——
It appears the guy can’t pay his property taxes. It’s doubtful that he has the resources to pursue a case all the way to trial.I wonder if the providers of fraud management solutions are being sued left and right by their clients for non-performance. And with mortgage companies folding every day, I’m sure software companies are losing a lot of support related income, not to mention sales revenue.
http://www.sdlookup.com/Property-AEC1C775-14160_Bryce_Pt_Poway_CA_92064#6091
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February 25, 2008 at 9:50 AM #159522
davelj
Participantpatientlywaiting, I think your instincts are on target.
I know a guy in a very similar business as The Person Whose Name Shall Not Be Uttered (“TPWNSNBU”) and his company (the guy’s) is absolutely sucking wind. They might shut down this year. And they’ve been in the business for over 20 years.
Also, it appears that TPWNSNBU was a partner with a group of investors that purchased the company (the “Company”) from its previous owners in late 2004. (There doesn’t appear to be any high and mighty private equity firm behind the Company – probably just a group of normal investors.) Now, where do you think valuations for mortgage-related companies were in late-2004? Yup, pretty high. Now, how does business compare today with late-2004 for most of these companies? Yup, pretty shitty. Now, what are valuations like today for such mortgage-related companies? Yup, pretty shitty. You see where I’m going with this?
This whole situation smacks of petty desperation.
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February 25, 2008 at 10:53 AM #159558
AK
ParticipantIANAL (I am not a lawyer) but it is possible to sue for false light or invasion of privacy, even if the published facts are true. I’ve often wondered how long it would take for FBs to start suing bubble bloggers.
Ironically, as a CEO, “He Who Must Not Be Named” could be deemed a public figure and has weaker grounds for a lawsuit than the average person.
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February 25, 2008 at 12:38 PM #159620
ocrenter
Participantinvasion of privacy is if someone go digging for personal information that is confidential (ie personal medical information or bank statement) and broadcast it.
notice of default and listing of your home on the MLS are public in nature. first one is publically announced by the county, second you are actively searching in public for someone to buy your house.
this is by no means not by a long stretch invasion of privacy.
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February 25, 2008 at 12:38 PM #159911
ocrenter
Participantinvasion of privacy is if someone go digging for personal information that is confidential (ie personal medical information or bank statement) and broadcast it.
notice of default and listing of your home on the MLS are public in nature. first one is publically announced by the county, second you are actively searching in public for someone to buy your house.
this is by no means not by a long stretch invasion of privacy.
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February 25, 2008 at 12:38 PM #159929
ocrenter
Participantinvasion of privacy is if someone go digging for personal information that is confidential (ie personal medical information or bank statement) and broadcast it.
notice of default and listing of your home on the MLS are public in nature. first one is publically announced by the county, second you are actively searching in public for someone to buy your house.
this is by no means not by a long stretch invasion of privacy.
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February 25, 2008 at 12:38 PM #159933
ocrenter
Participantinvasion of privacy is if someone go digging for personal information that is confidential (ie personal medical information or bank statement) and broadcast it.
notice of default and listing of your home on the MLS are public in nature. first one is publically announced by the county, second you are actively searching in public for someone to buy your house.
this is by no means not by a long stretch invasion of privacy.
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February 25, 2008 at 12:38 PM #160010
ocrenter
Participantinvasion of privacy is if someone go digging for personal information that is confidential (ie personal medical information or bank statement) and broadcast it.
notice of default and listing of your home on the MLS are public in nature. first one is publically announced by the county, second you are actively searching in public for someone to buy your house.
this is by no means not by a long stretch invasion of privacy.
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February 25, 2008 at 12:42 PM #159625
patientlywaiting
ParticipantLawyers understand the deep pocket principle.
I wouldn’t mess with the bloggers if I were him. Information can spread like wild fire and get replicated to hundreds of websites. Trying to shut all of them down would employ a whole team of lawyers several years. Even then, the information would still be searchable.
I love poetic justice stories.
The info base industry has been lobbying for years that there’s no privacy in public information. Funny that is comes back to bite one of their own insiders. If it weren’t for services such as foreclosure.com few would know that there was an NOD on that house.
OCrenter, thanks for the blog and continue the good work for transparency in the industry. You’re awesome!
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February 25, 2008 at 5:54 PM #159801
jpinpb
ParticipantMaybe countersue for filing a frivilous lawsuit.
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February 25, 2008 at 7:54 PM #159868
robyns_song
ParticipantWhy work to pay for your home when you can sue someone instead?
-
February 25, 2008 at 8:13 PM #159876
Anonymous
GuestLong time reader, rare poster, just giving my 2 cents, not expressing my legal opinion or giving any type of legal advice but, anyone can sue anybody for a number of reasons, doesn’t mean they are going to be successful in their lawsuit. I can foresee no viable lawsuit stemming from this. As far as libel, slander, false light and invasion of privacy are concerned they are some of the more difficult cases to win.
The common element with three of the four is the info has to be in fact false.
-
February 25, 2008 at 10:21 PM #159943
Deal Hunter
ParticipantHow do you define “public figure?” Isn’t the CEO, by default a public figure in that the CEO is the face of a corporation to the public?
Rebecca Hearst was not a public figure until CNBC reported that her $22 million beach front estate in FL went into foreclosure this morning! (Source: Maria Bartiromo, CNBC – do don’t sue me!)
-
February 25, 2008 at 10:35 PM #159962
Anonymous
GuestFrom expertlaw.com:
The concept of the “public figure” is broader than celebrities and politicians. A person can become an “involuntary public figure” as the result of publicity, even though that person did not want or invite the public attention. For example, people accused of high profile crimes may be unable to pursue actions for defamation even after their innocence is established, on the basis that the notoriety associated with the case and the accusations against them turned them into involuntary public figures.
A person can also become a “limited public figure” by engaging in actions which generate publicity within a narrow area of interest. For example, a woman named Terry Rakolta was offended by the Fox Television show, Married With Children, and wrote letters to the show’s advertisers to try to get them to stop their support for the show. As a result of her actions, Ms. Rakolta became the target of jokes in a wide variety of settings. As these jokes remained within the confines of her public conduct, typically making fun of her as being prudish or censorious, they were protected by Ms. Rakolta’s status as a “limited public figure”.
-
February 25, 2008 at 10:35 PM #160258
Anonymous
GuestFrom expertlaw.com:
The concept of the “public figure” is broader than celebrities and politicians. A person can become an “involuntary public figure” as the result of publicity, even though that person did not want or invite the public attention. For example, people accused of high profile crimes may be unable to pursue actions for defamation even after their innocence is established, on the basis that the notoriety associated with the case and the accusations against them turned them into involuntary public figures.
A person can also become a “limited public figure” by engaging in actions which generate publicity within a narrow area of interest. For example, a woman named Terry Rakolta was offended by the Fox Television show, Married With Children, and wrote letters to the show’s advertisers to try to get them to stop their support for the show. As a result of her actions, Ms. Rakolta became the target of jokes in a wide variety of settings. As these jokes remained within the confines of her public conduct, typically making fun of her as being prudish or censorious, they were protected by Ms. Rakolta’s status as a “limited public figure”.
-
February 25, 2008 at 10:35 PM #160273
Anonymous
GuestFrom expertlaw.com:
The concept of the “public figure” is broader than celebrities and politicians. A person can become an “involuntary public figure” as the result of publicity, even though that person did not want or invite the public attention. For example, people accused of high profile crimes may be unable to pursue actions for defamation even after their innocence is established, on the basis that the notoriety associated with the case and the accusations against them turned them into involuntary public figures.
A person can also become a “limited public figure” by engaging in actions which generate publicity within a narrow area of interest. For example, a woman named Terry Rakolta was offended by the Fox Television show, Married With Children, and wrote letters to the show’s advertisers to try to get them to stop their support for the show. As a result of her actions, Ms. Rakolta became the target of jokes in a wide variety of settings. As these jokes remained within the confines of her public conduct, typically making fun of her as being prudish or censorious, they were protected by Ms. Rakolta’s status as a “limited public figure”.
-
February 25, 2008 at 10:35 PM #160277
Anonymous
GuestFrom expertlaw.com:
The concept of the “public figure” is broader than celebrities and politicians. A person can become an “involuntary public figure” as the result of publicity, even though that person did not want or invite the public attention. For example, people accused of high profile crimes may be unable to pursue actions for defamation even after their innocence is established, on the basis that the notoriety associated with the case and the accusations against them turned them into involuntary public figures.
A person can also become a “limited public figure” by engaging in actions which generate publicity within a narrow area of interest. For example, a woman named Terry Rakolta was offended by the Fox Television show, Married With Children, and wrote letters to the show’s advertisers to try to get them to stop their support for the show. As a result of her actions, Ms. Rakolta became the target of jokes in a wide variety of settings. As these jokes remained within the confines of her public conduct, typically making fun of her as being prudish or censorious, they were protected by Ms. Rakolta’s status as a “limited public figure”.
-
February 25, 2008 at 10:35 PM #160355
Anonymous
GuestFrom expertlaw.com:
The concept of the “public figure” is broader than celebrities and politicians. A person can become an “involuntary public figure” as the result of publicity, even though that person did not want or invite the public attention. For example, people accused of high profile crimes may be unable to pursue actions for defamation even after their innocence is established, on the basis that the notoriety associated with the case and the accusations against them turned them into involuntary public figures.
A person can also become a “limited public figure” by engaging in actions which generate publicity within a narrow area of interest. For example, a woman named Terry Rakolta was offended by the Fox Television show, Married With Children, and wrote letters to the show’s advertisers to try to get them to stop their support for the show. As a result of her actions, Ms. Rakolta became the target of jokes in a wide variety of settings. As these jokes remained within the confines of her public conduct, typically making fun of her as being prudish or censorious, they were protected by Ms. Rakolta’s status as a “limited public figure”.
-
February 25, 2008 at 10:21 PM #160238
Deal Hunter
ParticipantHow do you define “public figure?” Isn’t the CEO, by default a public figure in that the CEO is the face of a corporation to the public?
Rebecca Hearst was not a public figure until CNBC reported that her $22 million beach front estate in FL went into foreclosure this morning! (Source: Maria Bartiromo, CNBC – do don’t sue me!)
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February 25, 2008 at 10:21 PM #160254
Deal Hunter
ParticipantHow do you define “public figure?” Isn’t the CEO, by default a public figure in that the CEO is the face of a corporation to the public?
Rebecca Hearst was not a public figure until CNBC reported that her $22 million beach front estate in FL went into foreclosure this morning! (Source: Maria Bartiromo, CNBC – do don’t sue me!)
-
February 25, 2008 at 10:21 PM #160257
Deal Hunter
ParticipantHow do you define “public figure?” Isn’t the CEO, by default a public figure in that the CEO is the face of a corporation to the public?
Rebecca Hearst was not a public figure until CNBC reported that her $22 million beach front estate in FL went into foreclosure this morning! (Source: Maria Bartiromo, CNBC – do don’t sue me!)
-
February 25, 2008 at 10:21 PM #160335
Deal Hunter
ParticipantHow do you define “public figure?” Isn’t the CEO, by default a public figure in that the CEO is the face of a corporation to the public?
Rebecca Hearst was not a public figure until CNBC reported that her $22 million beach front estate in FL went into foreclosure this morning! (Source: Maria Bartiromo, CNBC – do don’t sue me!)
-
February 25, 2008 at 8:13 PM #160174
Anonymous
GuestLong time reader, rare poster, just giving my 2 cents, not expressing my legal opinion or giving any type of legal advice but, anyone can sue anybody for a number of reasons, doesn’t mean they are going to be successful in their lawsuit. I can foresee no viable lawsuit stemming from this. As far as libel, slander, false light and invasion of privacy are concerned they are some of the more difficult cases to win.
The common element with three of the four is the info has to be in fact false.
-
February 25, 2008 at 8:13 PM #160188
Anonymous
GuestLong time reader, rare poster, just giving my 2 cents, not expressing my legal opinion or giving any type of legal advice but, anyone can sue anybody for a number of reasons, doesn’t mean they are going to be successful in their lawsuit. I can foresee no viable lawsuit stemming from this. As far as libel, slander, false light and invasion of privacy are concerned they are some of the more difficult cases to win.
The common element with three of the four is the info has to be in fact false.
-
February 25, 2008 at 8:13 PM #160192
Anonymous
GuestLong time reader, rare poster, just giving my 2 cents, not expressing my legal opinion or giving any type of legal advice but, anyone can sue anybody for a number of reasons, doesn’t mean they are going to be successful in their lawsuit. I can foresee no viable lawsuit stemming from this. As far as libel, slander, false light and invasion of privacy are concerned they are some of the more difficult cases to win.
The common element with three of the four is the info has to be in fact false.
-
February 25, 2008 at 8:13 PM #160270
Anonymous
GuestLong time reader, rare poster, just giving my 2 cents, not expressing my legal opinion or giving any type of legal advice but, anyone can sue anybody for a number of reasons, doesn’t mean they are going to be successful in their lawsuit. I can foresee no viable lawsuit stemming from this. As far as libel, slander, false light and invasion of privacy are concerned they are some of the more difficult cases to win.
The common element with three of the four is the info has to be in fact false.
-
February 25, 2008 at 7:54 PM #160164
robyns_song
ParticipantWhy work to pay for your home when you can sue someone instead?
-
February 25, 2008 at 7:54 PM #160178
robyns_song
ParticipantWhy work to pay for your home when you can sue someone instead?
-
February 25, 2008 at 7:54 PM #160182
robyns_song
ParticipantWhy work to pay for your home when you can sue someone instead?
-
February 25, 2008 at 7:54 PM #160260
robyns_song
ParticipantWhy work to pay for your home when you can sue someone instead?
-
February 25, 2008 at 5:54 PM #160096
jpinpb
ParticipantMaybe countersue for filing a frivilous lawsuit.
-
February 25, 2008 at 5:54 PM #160111
jpinpb
ParticipantMaybe countersue for filing a frivilous lawsuit.
-
February 25, 2008 at 5:54 PM #160116
jpinpb
ParticipantMaybe countersue for filing a frivilous lawsuit.
-
February 25, 2008 at 5:54 PM #160195
jpinpb
ParticipantMaybe countersue for filing a frivilous lawsuit.
-
February 25, 2008 at 12:42 PM #159917
patientlywaiting
ParticipantLawyers understand the deep pocket principle.
I wouldn’t mess with the bloggers if I were him. Information can spread like wild fire and get replicated to hundreds of websites. Trying to shut all of them down would employ a whole team of lawyers several years. Even then, the information would still be searchable.
I love poetic justice stories.
The info base industry has been lobbying for years that there’s no privacy in public information. Funny that is comes back to bite one of their own insiders. If it weren’t for services such as foreclosure.com few would know that there was an NOD on that house.
OCrenter, thanks for the blog and continue the good work for transparency in the industry. You’re awesome!
-
February 25, 2008 at 12:42 PM #159931
patientlywaiting
ParticipantLawyers understand the deep pocket principle.
I wouldn’t mess with the bloggers if I were him. Information can spread like wild fire and get replicated to hundreds of websites. Trying to shut all of them down would employ a whole team of lawyers several years. Even then, the information would still be searchable.
I love poetic justice stories.
The info base industry has been lobbying for years that there’s no privacy in public information. Funny that is comes back to bite one of their own insiders. If it weren’t for services such as foreclosure.com few would know that there was an NOD on that house.
OCrenter, thanks for the blog and continue the good work for transparency in the industry. You’re awesome!
-
February 25, 2008 at 12:42 PM #159939
patientlywaiting
ParticipantLawyers understand the deep pocket principle.
I wouldn’t mess with the bloggers if I were him. Information can spread like wild fire and get replicated to hundreds of websites. Trying to shut all of them down would employ a whole team of lawyers several years. Even then, the information would still be searchable.
I love poetic justice stories.
The info base industry has been lobbying for years that there’s no privacy in public information. Funny that is comes back to bite one of their own insiders. If it weren’t for services such as foreclosure.com few would know that there was an NOD on that house.
OCrenter, thanks for the blog and continue the good work for transparency in the industry. You’re awesome!
-
February 25, 2008 at 12:42 PM #160015
patientlywaiting
ParticipantLawyers understand the deep pocket principle.
I wouldn’t mess with the bloggers if I were him. Information can spread like wild fire and get replicated to hundreds of websites. Trying to shut all of them down would employ a whole team of lawyers several years. Even then, the information would still be searchable.
I love poetic justice stories.
The info base industry has been lobbying for years that there’s no privacy in public information. Funny that is comes back to bite one of their own insiders. If it weren’t for services such as foreclosure.com few would know that there was an NOD on that house.
OCrenter, thanks for the blog and continue the good work for transparency in the industry. You’re awesome!
-
February 25, 2008 at 10:53 AM #159853
AK
ParticipantIANAL (I am not a lawyer) but it is possible to sue for false light or invasion of privacy, even if the published facts are true. I’ve often wondered how long it would take for FBs to start suing bubble bloggers.
Ironically, as a CEO, “He Who Must Not Be Named” could be deemed a public figure and has weaker grounds for a lawsuit than the average person.
-
February 25, 2008 at 10:53 AM #159869
AK
ParticipantIANAL (I am not a lawyer) but it is possible to sue for false light or invasion of privacy, even if the published facts are true. I’ve often wondered how long it would take for FBs to start suing bubble bloggers.
Ironically, as a CEO, “He Who Must Not Be Named” could be deemed a public figure and has weaker grounds for a lawsuit than the average person.
-
February 25, 2008 at 10:53 AM #159874
AK
ParticipantIANAL (I am not a lawyer) but it is possible to sue for false light or invasion of privacy, even if the published facts are true. I’ve often wondered how long it would take for FBs to start suing bubble bloggers.
Ironically, as a CEO, “He Who Must Not Be Named” could be deemed a public figure and has weaker grounds for a lawsuit than the average person.
-
February 25, 2008 at 10:53 AM #159950
AK
ParticipantIANAL (I am not a lawyer) but it is possible to sue for false light or invasion of privacy, even if the published facts are true. I’ve often wondered how long it would take for FBs to start suing bubble bloggers.
Ironically, as a CEO, “He Who Must Not Be Named” could be deemed a public figure and has weaker grounds for a lawsuit than the average person.
-
February 27, 2008 at 10:59 AM #160807
patientlywaiting
Participantdavelj, here’s the information you were talking about.
The release is for all to see so it’s not like it’s a big secret.
http://www.lendersupport.com/pdf/New_CEO.pdf
Considering that the guy’s mostly self-promoting information is plastered all over the Net, it’s pretty certain that he is a public figure. He certainly represents his industry as he claims to be a key figure who’s been featured in magazines.
This guy is not stupid. He understands search engines technology, and he knew that his personal information out there was for all the see.
http://www.houseblogger.com/houseblogger/2008/02/search-engine-v.html
He can’t possibly claim invasion of privacy or anything like that.
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February 27, 2008 at 11:09 AM #160820
jpinpb
ParticipantThe guy is a first class loser.
-
February 27, 2008 at 7:11 PM #161341
Anonymous
GuestOCRENTER,
I guess your bully tactics, disrespectfulness and ignorance has finally caught up with you. I guess it serves you right, how’s that feel….Oh maybe you deserved to go to jail just like all these so call coreclient victims.How’s it feel to get kicked in the nuts when you are down? Try to offer you an olive branch, not trying to be disrespectfully just wanted you to get spun up and feel how it feels to be in our shoes for a minute.
You do provide great service to the community, you just need to tone it down a bit, we are not all greedy and most of us were not looking to screw our community over. We were caught in circumstances that were beyond our control that is why it is called fraud.
The SEC just release a press release and the SEC has also submitted their formal complaint against Duncan, Montecastro, McLeod, Contreras. It can be view on the Core
Client website http://www.coreclient.110mb.com/page6.htmlThe web of deceit is slowly being un-spun, it should be anytime now the preps are arrested and behind bars.
Please support the core clients website they have currently un-raveled several fraud rings in the Riverside community. If you know of any fraud in your community contact the website and they can possibly assist you in your endeavors to get it reported to the proper channels.
Respectfully,
cORE -
February 27, 2008 at 7:33 PM #161347
patientlywaiting
ParticipantDavelj,
You might be interested that there are 3 businesses sharing 1 address.
http://www.lendersupport.com/
http://www.n1ne.com/Through board membership, they are related to PWNSNBU and the following private equity firm.
http://www.delmarcapital.com/
I looked at the websites of some of the portfolio companies and most of them look like shell websites. -
February 27, 2008 at 7:33 PM #161644
patientlywaiting
ParticipantDavelj,
You might be interested that there are 3 businesses sharing 1 address.
http://www.lendersupport.com/
http://www.n1ne.com/Through board membership, they are related to PWNSNBU and the following private equity firm.
http://www.delmarcapital.com/
I looked at the websites of some of the portfolio companies and most of them look like shell websites. -
February 27, 2008 at 7:33 PM #161656
patientlywaiting
ParticipantDavelj,
You might be interested that there are 3 businesses sharing 1 address.
http://www.lendersupport.com/
http://www.n1ne.com/Through board membership, they are related to PWNSNBU and the following private equity firm.
http://www.delmarcapital.com/
I looked at the websites of some of the portfolio companies and most of them look like shell websites. -
February 27, 2008 at 7:33 PM #161675
patientlywaiting
ParticipantDavelj,
You might be interested that there are 3 businesses sharing 1 address.
http://www.lendersupport.com/
http://www.n1ne.com/Through board membership, they are related to PWNSNBU and the following private equity firm.
http://www.delmarcapital.com/
I looked at the websites of some of the portfolio companies and most of them look like shell websites. -
February 27, 2008 at 7:33 PM #161744
patientlywaiting
ParticipantDavelj,
You might be interested that there are 3 businesses sharing 1 address.
http://www.lendersupport.com/
http://www.n1ne.com/Through board membership, they are related to PWNSNBU and the following private equity firm.
http://www.delmarcapital.com/
I looked at the websites of some of the portfolio companies and most of them look like shell websites. -
February 27, 2008 at 8:52 PM #161371
Coronita
ParticipantOCRENTER,
I guess your bully tactics, disrespectfulness and ignorance has finally caught up with you. I guess it serves you right, how’s that feel….Oh maybe you deserved to go to jail just like all these so call coreclient victims.How’s it feel to get kicked in the nuts when you are down? Try to offer you an olive branch, not trying to be disrespectfully just wanted you to get spun up and feel how it feels to be in our shoes for a minute.
You do provide great service to the community, you just need to tone it down a bit, we are not all greedy and most of us were not looking to screw our community over. We were caught in circumstances that were beyond our control that is why it is called fraud.
The SEC just release a press release and the SEC has also submitted their formal complaint against Duncan, Montecastro, McLeod, Contreras. It can be view on the Core
Client website http://www.coreclient.110mb.com/page6.htmlThe web of deceit is slowly being un-spun, it should be anytime now the preps are arrested and behind bars.
Please support the core clients website they have currently un-raveled several fraud rings in the Riverside community. If you know of any fraud in your community contact the website and they can possibly assist you in your endeavors to get it reported to the proper channels.
Respectfully,
cOREcoreclient,
I normally wouldn't be so mean.BUT to ocrenter's defense…..
YOU'RE A MORON WHO GOT SCAMMED BY THE DUMBEST SCAM ON EARTH, AND YOU WANT SYMPATHy? ROTFLOL… OCRENTER IS A A COMPLETELY DIFFERENT LEAGUE FROM IDIOTS LIKE YOU.Â
GOOD LUCK GETTING YOUR HARD EARNED MONEY BACK… PEOPLE LIKE YOU THE REASONS WHY WE'RE IN THIS MESS TO BEGIN WITH. YOU PLACED YOUR TRUST (A SUCKER'S BET) IN A COMPLETE STRANGER. SCREW JAILING THOSE PEOPLE THAT HUSTLED YOUR MONEY. YOU GET THE DARWIN AWARD!!!
PSSH.. I HAVE A WAY TO MAKE YOU RICH. I'VE GOT TONS OF ANT FARMS I CAN SELL YOU…..YOU JUST NEED TO GIVE ME $1000 FOR EACH ANT FARM, AND FEED THE ANT FARM WATER ONCE A DAY, AND THEN IN A FEW WEEKS I'LL BUY THE ANTS BACK. THEY ARE A DELICACY IN CHINA TO MAKE MEN MORE "CAPABLE". LOL
http://www.nysun.com/article/69460
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
February 27, 2008 at 9:15 PM #161396
Anonymous
GuestMany times, a threatening letter is the only option. Lawyers will tell the client that there isn’t much that can be done if they don’t have a case. They will recommend sending a letter. It usually does the job because most people don’t want to find out what will happen if they don’t comply. In many cases, what would happen would be….nothing.
-
February 27, 2008 at 9:15 PM #161693
Anonymous
GuestMany times, a threatening letter is the only option. Lawyers will tell the client that there isn’t much that can be done if they don’t have a case. They will recommend sending a letter. It usually does the job because most people don’t want to find out what will happen if they don’t comply. In many cases, what would happen would be….nothing.
-
February 27, 2008 at 9:15 PM #161707
Anonymous
GuestMany times, a threatening letter is the only option. Lawyers will tell the client that there isn’t much that can be done if they don’t have a case. They will recommend sending a letter. It usually does the job because most people don’t want to find out what will happen if they don’t comply. In many cases, what would happen would be….nothing.
-
February 27, 2008 at 9:15 PM #161726
Anonymous
GuestMany times, a threatening letter is the only option. Lawyers will tell the client that there isn’t much that can be done if they don’t have a case. They will recommend sending a letter. It usually does the job because most people don’t want to find out what will happen if they don’t comply. In many cases, what would happen would be….nothing.
-
February 27, 2008 at 9:15 PM #161794
Anonymous
GuestMany times, a threatening letter is the only option. Lawyers will tell the client that there isn’t much that can be done if they don’t have a case. They will recommend sending a letter. It usually does the job because most people don’t want to find out what will happen if they don’t comply. In many cases, what would happen would be….nothing.
-
February 27, 2008 at 9:20 PM #161401
drunkle
Participanthell hath no fury like a (woman) investor spurned…
core, you were stupid for “investing”, you were a sucker and you catch alotta flack here for it. but, good on you and your friends for dogging down the scammers.
-
February 27, 2008 at 9:20 PM #161698
drunkle
Participanthell hath no fury like a (woman) investor spurned…
core, you were stupid for “investing”, you were a sucker and you catch alotta flack here for it. but, good on you and your friends for dogging down the scammers.
-
February 27, 2008 at 9:20 PM #161712
drunkle
Participanthell hath no fury like a (woman) investor spurned…
core, you were stupid for “investing”, you were a sucker and you catch alotta flack here for it. but, good on you and your friends for dogging down the scammers.
-
February 27, 2008 at 9:20 PM #161731
drunkle
Participanthell hath no fury like a (woman) investor spurned…
core, you were stupid for “investing”, you were a sucker and you catch alotta flack here for it. but, good on you and your friends for dogging down the scammers.
-
February 27, 2008 at 9:20 PM #161799
drunkle
Participanthell hath no fury like a (woman) investor spurned…
core, you were stupid for “investing”, you were a sucker and you catch alotta flack here for it. but, good on you and your friends for dogging down the scammers.
-
February 27, 2008 at 8:52 PM #161669
Coronita
ParticipantOCRENTER,
I guess your bully tactics, disrespectfulness and ignorance has finally caught up with you. I guess it serves you right, how’s that feel….Oh maybe you deserved to go to jail just like all these so call coreclient victims.How’s it feel to get kicked in the nuts when you are down? Try to offer you an olive branch, not trying to be disrespectfully just wanted you to get spun up and feel how it feels to be in our shoes for a minute.
You do provide great service to the community, you just need to tone it down a bit, we are not all greedy and most of us were not looking to screw our community over. We were caught in circumstances that were beyond our control that is why it is called fraud.
The SEC just release a press release and the SEC has also submitted their formal complaint against Duncan, Montecastro, McLeod, Contreras. It can be view on the Core
Client website http://www.coreclient.110mb.com/page6.htmlThe web of deceit is slowly being un-spun, it should be anytime now the preps are arrested and behind bars.
Please support the core clients website they have currently un-raveled several fraud rings in the Riverside community. If you know of any fraud in your community contact the website and they can possibly assist you in your endeavors to get it reported to the proper channels.
Respectfully,
cOREcoreclient,
I normally wouldn't be so mean.BUT to ocrenter's defense…..
YOU'RE A MORON WHO GOT SCAMMED BY THE DUMBEST SCAM ON EARTH, AND YOU WANT SYMPATHy? ROTFLOL… OCRENTER IS A A COMPLETELY DIFFERENT LEAGUE FROM IDIOTS LIKE YOU.Â
GOOD LUCK GETTING YOUR HARD EARNED MONEY BACK… PEOPLE LIKE YOU THE REASONS WHY WE'RE IN THIS MESS TO BEGIN WITH. YOU PLACED YOUR TRUST (A SUCKER'S BET) IN A COMPLETE STRANGER. SCREW JAILING THOSE PEOPLE THAT HUSTLED YOUR MONEY. YOU GET THE DARWIN AWARD!!!
PSSH.. I HAVE A WAY TO MAKE YOU RICH. I'VE GOT TONS OF ANT FARMS I CAN SELL YOU…..YOU JUST NEED TO GIVE ME $1000 FOR EACH ANT FARM, AND FEED THE ANT FARM WATER ONCE A DAY, AND THEN IN A FEW WEEKS I'LL BUY THE ANTS BACK. THEY ARE A DELICACY IN CHINA TO MAKE MEN MORE "CAPABLE". LOL
http://www.nysun.com/article/69460
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
February 27, 2008 at 8:52 PM #161682
Coronita
ParticipantOCRENTER,
I guess your bully tactics, disrespectfulness and ignorance has finally caught up with you. I guess it serves you right, how’s that feel….Oh maybe you deserved to go to jail just like all these so call coreclient victims.How’s it feel to get kicked in the nuts when you are down? Try to offer you an olive branch, not trying to be disrespectfully just wanted you to get spun up and feel how it feels to be in our shoes for a minute.
You do provide great service to the community, you just need to tone it down a bit, we are not all greedy and most of us were not looking to screw our community over. We were caught in circumstances that were beyond our control that is why it is called fraud.
The SEC just release a press release and the SEC has also submitted their formal complaint against Duncan, Montecastro, McLeod, Contreras. It can be view on the Core
Client website http://www.coreclient.110mb.com/page6.htmlThe web of deceit is slowly being un-spun, it should be anytime now the preps are arrested and behind bars.
Please support the core clients website they have currently un-raveled several fraud rings in the Riverside community. If you know of any fraud in your community contact the website and they can possibly assist you in your endeavors to get it reported to the proper channels.
Respectfully,
cOREcoreclient,
I normally wouldn't be so mean.BUT to ocrenter's defense…..
YOU'RE A MORON WHO GOT SCAMMED BY THE DUMBEST SCAM ON EARTH, AND YOU WANT SYMPATHy? ROTFLOL… OCRENTER IS A A COMPLETELY DIFFERENT LEAGUE FROM IDIOTS LIKE YOU.Â
GOOD LUCK GETTING YOUR HARD EARNED MONEY BACK… PEOPLE LIKE YOU THE REASONS WHY WE'RE IN THIS MESS TO BEGIN WITH. YOU PLACED YOUR TRUST (A SUCKER'S BET) IN A COMPLETE STRANGER. SCREW JAILING THOSE PEOPLE THAT HUSTLED YOUR MONEY. YOU GET THE DARWIN AWARD!!!
PSSH.. I HAVE A WAY TO MAKE YOU RICH. I'VE GOT TONS OF ANT FARMS I CAN SELL YOU…..YOU JUST NEED TO GIVE ME $1000 FOR EACH ANT FARM, AND FEED THE ANT FARM WATER ONCE A DAY, AND THEN IN A FEW WEEKS I'LL BUY THE ANTS BACK. THEY ARE A DELICACY IN CHINA TO MAKE MEN MORE "CAPABLE". LOL
http://www.nysun.com/article/69460
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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February 27, 2008 at 8:52 PM #161700
Coronita
ParticipantOCRENTER,
I guess your bully tactics, disrespectfulness and ignorance has finally caught up with you. I guess it serves you right, how’s that feel….Oh maybe you deserved to go to jail just like all these so call coreclient victims.How’s it feel to get kicked in the nuts when you are down? Try to offer you an olive branch, not trying to be disrespectfully just wanted you to get spun up and feel how it feels to be in our shoes for a minute.
You do provide great service to the community, you just need to tone it down a bit, we are not all greedy and most of us were not looking to screw our community over. We were caught in circumstances that were beyond our control that is why it is called fraud.
The SEC just release a press release and the SEC has also submitted their formal complaint against Duncan, Montecastro, McLeod, Contreras. It can be view on the Core
Client website http://www.coreclient.110mb.com/page6.htmlThe web of deceit is slowly being un-spun, it should be anytime now the preps are arrested and behind bars.
Please support the core clients website they have currently un-raveled several fraud rings in the Riverside community. If you know of any fraud in your community contact the website and they can possibly assist you in your endeavors to get it reported to the proper channels.
Respectfully,
cOREcoreclient,
I normally wouldn't be so mean.BUT to ocrenter's defense…..
YOU'RE A MORON WHO GOT SCAMMED BY THE DUMBEST SCAM ON EARTH, AND YOU WANT SYMPATHy? ROTFLOL… OCRENTER IS A A COMPLETELY DIFFERENT LEAGUE FROM IDIOTS LIKE YOU.Â
GOOD LUCK GETTING YOUR HARD EARNED MONEY BACK… PEOPLE LIKE YOU THE REASONS WHY WE'RE IN THIS MESS TO BEGIN WITH. YOU PLACED YOUR TRUST (A SUCKER'S BET) IN A COMPLETE STRANGER. SCREW JAILING THOSE PEOPLE THAT HUSTLED YOUR MONEY. YOU GET THE DARWIN AWARD!!!
PSSH.. I HAVE A WAY TO MAKE YOU RICH. I'VE GOT TONS OF ANT FARMS I CAN SELL YOU…..YOU JUST NEED TO GIVE ME $1000 FOR EACH ANT FARM, AND FEED THE ANT FARM WATER ONCE A DAY, AND THEN IN A FEW WEEKS I'LL BUY THE ANTS BACK. THEY ARE A DELICACY IN CHINA TO MAKE MEN MORE "CAPABLE". LOL
http://www.nysun.com/article/69460
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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February 27, 2008 at 8:52 PM #161769
Coronita
ParticipantOCRENTER,
I guess your bully tactics, disrespectfulness and ignorance has finally caught up with you. I guess it serves you right, how’s that feel….Oh maybe you deserved to go to jail just like all these so call coreclient victims.How’s it feel to get kicked in the nuts when you are down? Try to offer you an olive branch, not trying to be disrespectfully just wanted you to get spun up and feel how it feels to be in our shoes for a minute.
You do provide great service to the community, you just need to tone it down a bit, we are not all greedy and most of us were not looking to screw our community over. We were caught in circumstances that were beyond our control that is why it is called fraud.
The SEC just release a press release and the SEC has also submitted their formal complaint against Duncan, Montecastro, McLeod, Contreras. It can be view on the Core
Client website http://www.coreclient.110mb.com/page6.htmlThe web of deceit is slowly being un-spun, it should be anytime now the preps are arrested and behind bars.
Please support the core clients website they have currently un-raveled several fraud rings in the Riverside community. If you know of any fraud in your community contact the website and they can possibly assist you in your endeavors to get it reported to the proper channels.
Respectfully,
cOREcoreclient,
I normally wouldn't be so mean.BUT to ocrenter's defense…..
YOU'RE A MORON WHO GOT SCAMMED BY THE DUMBEST SCAM ON EARTH, AND YOU WANT SYMPATHy? ROTFLOL… OCRENTER IS A A COMPLETELY DIFFERENT LEAGUE FROM IDIOTS LIKE YOU.Â
GOOD LUCK GETTING YOUR HARD EARNED MONEY BACK… PEOPLE LIKE YOU THE REASONS WHY WE'RE IN THIS MESS TO BEGIN WITH. YOU PLACED YOUR TRUST (A SUCKER'S BET) IN A COMPLETE STRANGER. SCREW JAILING THOSE PEOPLE THAT HUSTLED YOUR MONEY. YOU GET THE DARWIN AWARD!!!
PSSH.. I HAVE A WAY TO MAKE YOU RICH. I'VE GOT TONS OF ANT FARMS I CAN SELL YOU…..YOU JUST NEED TO GIVE ME $1000 FOR EACH ANT FARM, AND FEED THE ANT FARM WATER ONCE A DAY, AND THEN IN A FEW WEEKS I'LL BUY THE ANTS BACK. THEY ARE A DELICACY IN CHINA TO MAKE MEN MORE "CAPABLE". LOL
http://www.nysun.com/article/69460
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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February 28, 2008 at 6:54 AM #161609
ocrenter
Participantcore,
that was a pretty funny post. reveals a lot about your state of desparation. I think I will listen to jumby and register my domain overseas… just not in the Philippines cuz you can probably get a whole army of pinays and pinoys in jeepneys to go after me there.
=)
p.s. it’s all good man, just having some fun. don’t be so angry and really, forget about the money, you’re not going to get anything back.
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February 28, 2008 at 7:41 AM #161619
Anonymous
Guestthis isn’t the guy threatening to sue you is it?
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February 28, 2008 at 8:00 AM #161624
ocrenter
Participantno no, this is a group of mostly filipino nurses (along with their church friends and family) in temecula that got a bit too greedy and fell for a ponzi scheme of mega proportion by buying multiple homes at inflated prices and flipping for profit. a lot of them were dreaming of returning to the Philippines for early retirement with all that loot.
turns out they all got scammed as the kingpins basically took all of the cash back profits and took off, leaving them with 5-6 homes each, resulting in massive foreclosures throughout temecula valley.
I was not very sympathetic to their cries of victimhood story, so first chance they get upon hearing of a baseless threat of lawsuit was to go after me with what they tought was a biting post along the line of ‘you reap what you sow.’
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February 28, 2008 at 8:00 AM #161916
ocrenter
Participantno no, this is a group of mostly filipino nurses (along with their church friends and family) in temecula that got a bit too greedy and fell for a ponzi scheme of mega proportion by buying multiple homes at inflated prices and flipping for profit. a lot of them were dreaming of returning to the Philippines for early retirement with all that loot.
turns out they all got scammed as the kingpins basically took all of the cash back profits and took off, leaving them with 5-6 homes each, resulting in massive foreclosures throughout temecula valley.
I was not very sympathetic to their cries of victimhood story, so first chance they get upon hearing of a baseless threat of lawsuit was to go after me with what they tought was a biting post along the line of ‘you reap what you sow.’
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February 28, 2008 at 8:00 AM #161933
ocrenter
Participantno no, this is a group of mostly filipino nurses (along with their church friends and family) in temecula that got a bit too greedy and fell for a ponzi scheme of mega proportion by buying multiple homes at inflated prices and flipping for profit. a lot of them were dreaming of returning to the Philippines for early retirement with all that loot.
turns out they all got scammed as the kingpins basically took all of the cash back profits and took off, leaving them with 5-6 homes each, resulting in massive foreclosures throughout temecula valley.
I was not very sympathetic to their cries of victimhood story, so first chance they get upon hearing of a baseless threat of lawsuit was to go after me with what they tought was a biting post along the line of ‘you reap what you sow.’
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February 28, 2008 at 8:00 AM #161950
ocrenter
Participantno no, this is a group of mostly filipino nurses (along with their church friends and family) in temecula that got a bit too greedy and fell for a ponzi scheme of mega proportion by buying multiple homes at inflated prices and flipping for profit. a lot of them were dreaming of returning to the Philippines for early retirement with all that loot.
turns out they all got scammed as the kingpins basically took all of the cash back profits and took off, leaving them with 5-6 homes each, resulting in massive foreclosures throughout temecula valley.
I was not very sympathetic to their cries of victimhood story, so first chance they get upon hearing of a baseless threat of lawsuit was to go after me with what they tought was a biting post along the line of ‘you reap what you sow.’
-
February 28, 2008 at 8:00 AM #162019
ocrenter
Participantno no, this is a group of mostly filipino nurses (along with their church friends and family) in temecula that got a bit too greedy and fell for a ponzi scheme of mega proportion by buying multiple homes at inflated prices and flipping for profit. a lot of them were dreaming of returning to the Philippines for early retirement with all that loot.
turns out they all got scammed as the kingpins basically took all of the cash back profits and took off, leaving them with 5-6 homes each, resulting in massive foreclosures throughout temecula valley.
I was not very sympathetic to their cries of victimhood story, so first chance they get upon hearing of a baseless threat of lawsuit was to go after me with what they tought was a biting post along the line of ‘you reap what you sow.’
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February 28, 2008 at 7:41 AM #161911
Anonymous
Guestthis isn’t the guy threatening to sue you is it?
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February 28, 2008 at 7:41 AM #161928
Anonymous
Guestthis isn’t the guy threatening to sue you is it?
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February 28, 2008 at 7:41 AM #161945
Anonymous
Guestthis isn’t the guy threatening to sue you is it?
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February 28, 2008 at 7:41 AM #162014
Anonymous
Guestthis isn’t the guy threatening to sue you is it?
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February 28, 2008 at 8:22 AM #161648
Anonymous
GuestOcrenter,
It is all fun as long as it is not at your expense or mine.I am not Filipino, and as far as the money is concerned I have let it go a long time ago. As I stated in the past I was military when I got into this whole mess. My main concern is keeping my security clearance, hence my job.
As you have embarked on a venture to stop RE fraud, I have embarked on stopping investment fraud. This has been my focus from the start about putting these criminals in jail.
Businesses like this should not be operating, and so call business man like this should be sleeping next to bubba in an orange jump suits…
The day I realized I was taken, I vowed to Duncan and company I would see them in court as they had requested. “Business is business if you are unhappy take us to court”. That is exactly what I and the others have done.
Since the wheels of justice are slow to turn and very expensive we had to take them to civil court since this was a civil matter, you can’t file a police report for this type of crime. The civil case was only brought to light in order to find new victims and more evidence, so it could be turned over to the SEC, and other authorities. The strategy has paid off and the SEC is now publicly on the case.
It should be only a matter of time these criminals get their fair justice and their million dollar life style of fraud starts to spin out of control. Many of us need this case to end in order for our lives to move forward.
In order to move forward many of us need to prove this is fraud in order to keep our clearances and to clear our credit history so we are able to keep our jobs. This was never about the money, we knew the money was gone or a good portion of it was spent on them projecting a lavish lifestyle. Much of the money was spent on Duncan’s group trying to look and live the lifestyle of the rich and famous. This case was about justice and about putting our lives back together and to keep others from falling victim to these crooks. The intitial case was brought forward by an investor to get the attention of other potential investors that these guys were crooked. This strategy has worked quite well locally but on a National basis we have turned to the internet to warn other potential victims.
The Heath group got about $.22 on the dollar we will be lucky to see that. As the SEC has pointed out there are only 75 victims with a $11 million dollars lost. Trust me the numbers are very, very, very, very conservative. We have uncovered close to 800 victims and close to 1.2 billion in loses granted some of that is real estate. So as this case moves forward we should see more victims and more money revealed.
Respectfully,
cOREPS: You come off as a much better person when you are humble.
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February 28, 2008 at 8:26 AM #161653
Anonymous
GuestOcrenter,
And here I thought you finally got it!!!! Good Luck with your law suit… Hope you have a cell next to Duncan’s.r/
cORE -
February 28, 2008 at 9:27 AM #161730
Anonymous
GuestOCRenter,
Wow!! Your comments are RACIST and BIGOTED! All these negative comments about Filipinos…they are the nicest people you will ever meet….your ignorance is stunning.
I’m white…you can see my picture on the FRONT Page of Today’s Press Enterprise here:
http://www.pe.com/localnews/murrieta/stories/PE_News_Local_C_pacific28.4409856.html
I was lured in by a relative of the TSgt from D-M AFB who went to my church.
We’ve started a Foundation to help Educate others about how to AVOID becoming victims of Fraud
and of course our victim website:
http://www.coreclient.110mb.com/
Our motto is NOT ONE MORE VICTIM!!!
I suggest you watch how you talk about other victims of this crime.
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February 28, 2008 at 9:45 AM #161740
SD Realtor
ParticipantI will not comment about the issue of racism or not.
I guess my beef is that being conned is usually the result of greed. I can speak of it from personal experience. Conned by Crooks or Core Client if you want go ahead and surf over to
http://www.entertainmentgroupinfo.com/
That is a con I fell victim to. It was not a trivial amount of money either.
Yet I do not blame it on the criminals, or anyone else. I blame it on myself. The bottom line is if it is to good to be true, it is usually a con.
As much as you do or do not want to admit it, your motivation to fall for the con was motivated by greed. Ocrenter may not have said it in the most eloquent or politically correct manner, I will agree with that, however the bottom line is greed. Nothing else. I am sorry to hear it happened to you as a fellow victim… but wealth is generally rewarded through hard work or good card playing….
Sometimes you can do all the diligence you want but if you are not on the inside then you cannot penetrate the scam. We were receiving 18% on our money for several years as were other friends of ours and it all was great until the scheme unravelled. It went on for close to a decade.
SD Realtor
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February 28, 2008 at 9:59 AM #161755
JWM in SD
ParticipantJWM in SD
“no no, this is a group of mostly filipino nurses (along with their church friends and family) in temecula that got a bit too greedy and fell for a ponzi scheme of mega proportion by buying multiple homes at inflated prices and flipping for profit. a lot of them were dreaming of returning to the Philippines for early retirement with all that loot.”
I don’t get it…how is this racist if it’s true? He didn’t say you were Philipino CORE. He said the group was largely Philipino nurses and quite frankly, that is also what I’ve read in the news when this first broke. And before you call me a racist, I’m married to a Philipina pharmacist who has 4 sisters who are all RN’s.
The bottom line is you were too stupid to recognize the scam and you lost money. The reason why you are not welcome here is because your greed fueled the fraud in the housing market. Pure and Simple.
Adios. Don’t let the door hit you in the ass on the way out.
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February 28, 2008 at 3:18 PM #162077
Anonymous
GuestJWM,
No, I never said, I was Filipino, I am Caucasian, no I was not part of the church. I have military ties, and was looking to invest to in Iraqi dinars. I was looking for an investment that I could follow and when the time came I could cut my loses and get out of it if it was going to lose money a friend mine recommended an investment company to me called Stone wood they were a real estate company and I was not interested in them however they recommend another division of their company called Pacific Wealth Management LLC (NV) (I was not told of the Nevada part, when I did my due diligences it was on a California corporation). I looked to only invest a few thousand dollars that I saved while I was in Arabian Gulf.I was getting ready to retire from the military and was looking to begin my second life and start my second retirement. If you want to call investing into your future greed, than so be it, I call it preparing for the future. Next thing I know PWM took out over 30K worth of credit in my name and explained it was part of the program and they would take care of the payments if I felt uncomfortable they could divide up the shares with other investors but the minimum they could take out to invest in Iraqi dinars was $25K and I had no choice in the matter since they had already taken the credit out in my name with out my knowledge, I was furious how could this happen. Well it can happen when there are insiders in the system that were set up to protect us, if those road blocks are by passed there is not much you can do to protect yourself. I have to prove fraud in order to restore my credit and remove the debt. Hence the lawsuit.
I never received a dime in profit from them. I take full responsibility for what has happen to me and my family. At the same time I am not going to stand by and let some take advantage of me and get away with out any responsibility on their part. The people that did take the money are now going to take responsibility for their part, and I am determined that they won’t do this to others with out repercussions. If they had been shut down in the past they would not victimized any of us. They have been doing this in some sort of way since 1993 somebody should of did what we are doing. Since this has started we have shut them down 3 other times. Who knows how may potential victims were saved from the heart ache we are going though.
So stop bashing folks when you only know half the story and none of the facts. I agree with you as far as Stonewood goes and the tactics the those criminals left in our community.
Your aggression and disrespect should be directed towards the criminals not the common guy who was looking to prepare for his future and was taken advatage of by fraud. Look up the definition of fraud. These guys have been in business for over 15 years because they are good at stealing money and getting away with it. It took a bunch of house wives, nurses, military and common folks to finally expose them for what they are.
r/
cOREPS: I hope for the actions we have taken towards fraud in our community allows you to prosper. So the next time you prepare for your future remember it is greedy to invest.
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February 29, 2008 at 6:59 AM #162465
NYCLurker
ParticipantCRC wrote: I..was looking to invest to in Iraqi dinars. I was looking for an investment that I could follow and when the time came I could cut my loses and get out of it if it was going to lose money a friend mine recommended an investment company to me called Stone wood
I’m a 99% lurker here but I can’t resist this one. CRC, you have to be kidding! Iraqi dinars??? Currency investing is for professionals. Most real estate investing is for professionals too. Another poster touched on it, but let me spell it out simply for you:
NEXT TIME, open a Fidelity or Vanguard account like the rest of us! DIVERSIFY your investments according to your risk profile. Maybe put some of your money in a money market fund, put some in an S&P index fund, put some in a bond fund, put a little in emerging growth or an overseas fund. Then sit back and enjoy the 8% a year you’ll get over the long term. And keep adding to your account every payday by throwing in another 10-20% of your gross income.
That’s how the game works for those of us who are getting richer and richer one day at a time. Got it?
If this isn’t sexy enough, and you’d rather play with dinars or scammy real estate deals, I’ve got a big ole bridge nearby that I’ll let you have cheap.
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February 29, 2008 at 10:30 AM #162605
Anonymous
GuestIt was represented to us that a great deal of money was made in the 1st Gulf war in this manner….thus they were hoping to duplicate that performance. But we didn’t know right away that it was Iraqi Dinars…that info came months later.
You’re right, we fell for a complete con. Next time we invest it will be w/ Smith/Barney.
Definitely learned a lesson the hard way.
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February 29, 2008 at 4:17 PM #162896
patientlywaiting
ParticipantI just heard on NPR that OCrenter’s situation is called the Streisand Effect. I learn something new everyday. :).
It’s pretty clear to me that posting public information is protected by law. Even posting private information is generally protected.
http://en.wikipedia.org/wiki/Streisand_effect
http://www.npr.org/templates/story/story.php?storyId=87809195
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May 19, 2008 at 5:08 PM #207678
davelj
Participantocrenter or anyone else… any update on this asshat’s property? Listing price lowered? NOD removed or foreclosure on the way? Did he pay his property taxes due in April?
Just curious as to how our litigious mortgage industry veteran is faring in these troubling times…
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May 19, 2008 at 6:27 PM #207798
ocrenter
Participantour polo playing friend here is not doing his share to help out the county government.
he currently owes $42,450.52 in back property taxes.
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May 19, 2008 at 6:50 PM #207818
davelj
ParticipantI’m shocked. Just shocked. Thanks for the update, oc.
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May 29, 2008 at 11:13 PM #213915
ocrenter
Participantlatest update:
14160 BRYCE PT POWAY 92064
TRUSTEE: AMERICAS SERVICING CO: PO BOX 961253 FORT WORTH TX 76161
SALE PLACE: 10:00A 05/28/2008 AT: 250 E MAIN ST EL CAJON
MIN BID: $2,206,495looks like I missed the auction. did anyone go? does the bank need to use the “cash for keys” program here? can we look forward to a Jim the Realtor Youtube video driving up to the house to see if our polo loving friend is still home?
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May 30, 2008 at 12:20 AM #213945
SD Realtor
Participantshould be recorded in a few days ocr. Will keep an eye open for it.
SD Realtor
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May 30, 2008 at 12:20 AM #214023
SD Realtor
Participantshould be recorded in a few days ocr. Will keep an eye open for it.
SD Realtor
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May 30, 2008 at 12:20 AM #214046
SD Realtor
Participantshould be recorded in a few days ocr. Will keep an eye open for it.
SD Realtor
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May 30, 2008 at 12:20 AM #214073
SD Realtor
Participantshould be recorded in a few days ocr. Will keep an eye open for it.
SD Realtor
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May 30, 2008 at 12:20 AM #214104
SD Realtor
Participantshould be recorded in a few days ocr. Will keep an eye open for it.
SD Realtor
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May 30, 2008 at 9:10 AM #214025
davelj
ParticipantOC, do you know what the total amount of debt on the property was at last count? Just curious. Sweet sweet schadenfreude. The polo-playing CEO of a mortgage-related company losing his big ass house to foreclosure and threatening legal action against those using public domain information to expose his asshattery… I’m a little surprised that this hasn’t been picked up by more mainstream media… well, there’s still time I suppose.
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May 30, 2008 at 9:10 AM #214101
davelj
ParticipantOC, do you know what the total amount of debt on the property was at last count? Just curious. Sweet sweet schadenfreude. The polo-playing CEO of a mortgage-related company losing his big ass house to foreclosure and threatening legal action against those using public domain information to expose his asshattery… I’m a little surprised that this hasn’t been picked up by more mainstream media… well, there’s still time I suppose.
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May 30, 2008 at 9:10 AM #214127
davelj
ParticipantOC, do you know what the total amount of debt on the property was at last count? Just curious. Sweet sweet schadenfreude. The polo-playing CEO of a mortgage-related company losing his big ass house to foreclosure and threatening legal action against those using public domain information to expose his asshattery… I’m a little surprised that this hasn’t been picked up by more mainstream media… well, there’s still time I suppose.
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May 30, 2008 at 9:10 AM #214153
davelj
ParticipantOC, do you know what the total amount of debt on the property was at last count? Just curious. Sweet sweet schadenfreude. The polo-playing CEO of a mortgage-related company losing his big ass house to foreclosure and threatening legal action against those using public domain information to expose his asshattery… I’m a little surprised that this hasn’t been picked up by more mainstream media… well, there’s still time I suppose.
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May 30, 2008 at 9:10 AM #214181
davelj
ParticipantOC, do you know what the total amount of debt on the property was at last count? Just curious. Sweet sweet schadenfreude. The polo-playing CEO of a mortgage-related company losing his big ass house to foreclosure and threatening legal action against those using public domain information to expose his asshattery… I’m a little surprised that this hasn’t been picked up by more mainstream media… well, there’s still time I suppose.
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February 15, 2010 at 11:32 AM #513295
davelj
Participant[quote=ocrenter]latest update:
14160 BRYCE PT POWAY 92064
TRUSTEE: AMERICAS SERVICING CO: PO BOX 961253 FORT WORTH TX 76161
SALE PLACE: 10:00A 05/28/2008 AT: 250 E MAIN ST EL CAJON
MIN BID: $2,206,495looks like I missed the auction. did anyone go? does the bank need to use the “cash for keys” program here? can we look forward to a Jim the Realtor Youtube video driving up to the house to see if our polo loving friend is still home?[/quote]
An oldie but a goodie. Anyone know what happened to this property?
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February 15, 2010 at 12:17 PM #513300
UCGal
ParticipantIt appears it sold 7/1/2008 for 2.5M.
Property taxes are current by the current owners. -
February 15, 2010 at 12:31 PM #513310
davelj
Participant[quote=UCGal]It appears it sold 7/1/2008 for 2.5M.
Property taxes are current by the current owners.[/quote]Thank you, ma’am. I should have zillowed it prior to asking. Laziness on my part. Looks like the original owners paid $3.4 million in ’05. That was quite a saga…
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February 15, 2010 at 12:31 PM #513460
davelj
Participant[quote=UCGal]It appears it sold 7/1/2008 for 2.5M.
Property taxes are current by the current owners.[/quote]Thank you, ma’am. I should have zillowed it prior to asking. Laziness on my part. Looks like the original owners paid $3.4 million in ’05. That was quite a saga…
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February 15, 2010 at 12:31 PM #513880
davelj
Participant[quote=UCGal]It appears it sold 7/1/2008 for 2.5M.
Property taxes are current by the current owners.[/quote]Thank you, ma’am. I should have zillowed it prior to asking. Laziness on my part. Looks like the original owners paid $3.4 million in ’05. That was quite a saga…
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February 15, 2010 at 12:31 PM #513974
davelj
Participant[quote=UCGal]It appears it sold 7/1/2008 for 2.5M.
Property taxes are current by the current owners.[/quote]Thank you, ma’am. I should have zillowed it prior to asking. Laziness on my part. Looks like the original owners paid $3.4 million in ’05. That was quite a saga…
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February 15, 2010 at 12:31 PM #514227
davelj
Participant[quote=UCGal]It appears it sold 7/1/2008 for 2.5M.
Property taxes are current by the current owners.[/quote]Thank you, ma’am. I should have zillowed it prior to asking. Laziness on my part. Looks like the original owners paid $3.4 million in ’05. That was quite a saga…
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February 15, 2010 at 12:17 PM #513450
UCGal
ParticipantIt appears it sold 7/1/2008 for 2.5M.
Property taxes are current by the current owners. -
February 15, 2010 at 12:17 PM #513871
UCGal
ParticipantIt appears it sold 7/1/2008 for 2.5M.
Property taxes are current by the current owners. -
February 15, 2010 at 12:17 PM #513964
UCGal
ParticipantIt appears it sold 7/1/2008 for 2.5M.
Property taxes are current by the current owners. -
February 15, 2010 at 12:17 PM #514217
UCGal
ParticipantIt appears it sold 7/1/2008 for 2.5M.
Property taxes are current by the current owners. -
February 15, 2010 at 11:32 AM #513445
davelj
Participant[quote=ocrenter]latest update:
14160 BRYCE PT POWAY 92064
TRUSTEE: AMERICAS SERVICING CO: PO BOX 961253 FORT WORTH TX 76161
SALE PLACE: 10:00A 05/28/2008 AT: 250 E MAIN ST EL CAJON
MIN BID: $2,206,495looks like I missed the auction. did anyone go? does the bank need to use the “cash for keys” program here? can we look forward to a Jim the Realtor Youtube video driving up to the house to see if our polo loving friend is still home?[/quote]
An oldie but a goodie. Anyone know what happened to this property?
-
February 15, 2010 at 11:32 AM #513866
davelj
Participant[quote=ocrenter]latest update:
14160 BRYCE PT POWAY 92064
TRUSTEE: AMERICAS SERVICING CO: PO BOX 961253 FORT WORTH TX 76161
SALE PLACE: 10:00A 05/28/2008 AT: 250 E MAIN ST EL CAJON
MIN BID: $2,206,495looks like I missed the auction. did anyone go? does the bank need to use the “cash for keys” program here? can we look forward to a Jim the Realtor Youtube video driving up to the house to see if our polo loving friend is still home?[/quote]
An oldie but a goodie. Anyone know what happened to this property?
-
February 15, 2010 at 11:32 AM #513959
davelj
Participant[quote=ocrenter]latest update:
14160 BRYCE PT POWAY 92064
TRUSTEE: AMERICAS SERVICING CO: PO BOX 961253 FORT WORTH TX 76161
SALE PLACE: 10:00A 05/28/2008 AT: 250 E MAIN ST EL CAJON
MIN BID: $2,206,495looks like I missed the auction. did anyone go? does the bank need to use the “cash for keys” program here? can we look forward to a Jim the Realtor Youtube video driving up to the house to see if our polo loving friend is still home?[/quote]
An oldie but a goodie. Anyone know what happened to this property?
-
February 15, 2010 at 11:32 AM #514212
davelj
Participant[quote=ocrenter]latest update:
14160 BRYCE PT POWAY 92064
TRUSTEE: AMERICAS SERVICING CO: PO BOX 961253 FORT WORTH TX 76161
SALE PLACE: 10:00A 05/28/2008 AT: 250 E MAIN ST EL CAJON
MIN BID: $2,206,495looks like I missed the auction. did anyone go? does the bank need to use the “cash for keys” program here? can we look forward to a Jim the Realtor Youtube video driving up to the house to see if our polo loving friend is still home?[/quote]
An oldie but a goodie. Anyone know what happened to this property?
-
May 29, 2008 at 11:13 PM #213992
ocrenter
Participantlatest update:
14160 BRYCE PT POWAY 92064
TRUSTEE: AMERICAS SERVICING CO: PO BOX 961253 FORT WORTH TX 76161
SALE PLACE: 10:00A 05/28/2008 AT: 250 E MAIN ST EL CAJON
MIN BID: $2,206,495looks like I missed the auction. did anyone go? does the bank need to use the “cash for keys” program here? can we look forward to a Jim the Realtor Youtube video driving up to the house to see if our polo loving friend is still home?
-
May 29, 2008 at 11:13 PM #214016
ocrenter
Participantlatest update:
14160 BRYCE PT POWAY 92064
TRUSTEE: AMERICAS SERVICING CO: PO BOX 961253 FORT WORTH TX 76161
SALE PLACE: 10:00A 05/28/2008 AT: 250 E MAIN ST EL CAJON
MIN BID: $2,206,495looks like I missed the auction. did anyone go? does the bank need to use the “cash for keys” program here? can we look forward to a Jim the Realtor Youtube video driving up to the house to see if our polo loving friend is still home?
-
May 29, 2008 at 11:13 PM #214041
ocrenter
Participantlatest update:
14160 BRYCE PT POWAY 92064
TRUSTEE: AMERICAS SERVICING CO: PO BOX 961253 FORT WORTH TX 76161
SALE PLACE: 10:00A 05/28/2008 AT: 250 E MAIN ST EL CAJON
MIN BID: $2,206,495looks like I missed the auction. did anyone go? does the bank need to use the “cash for keys” program here? can we look forward to a Jim the Realtor Youtube video driving up to the house to see if our polo loving friend is still home?
-
May 29, 2008 at 11:13 PM #214071
ocrenter
Participantlatest update:
14160 BRYCE PT POWAY 92064
TRUSTEE: AMERICAS SERVICING CO: PO BOX 961253 FORT WORTH TX 76161
SALE PLACE: 10:00A 05/28/2008 AT: 250 E MAIN ST EL CAJON
MIN BID: $2,206,495looks like I missed the auction. did anyone go? does the bank need to use the “cash for keys” program here? can we look forward to a Jim the Realtor Youtube video driving up to the house to see if our polo loving friend is still home?
-
May 19, 2008 at 6:50 PM #207875
davelj
ParticipantI’m shocked. Just shocked. Thanks for the update, oc.
-
May 19, 2008 at 6:50 PM #207907
davelj
ParticipantI’m shocked. Just shocked. Thanks for the update, oc.
-
May 19, 2008 at 6:50 PM #207931
davelj
ParticipantI’m shocked. Just shocked. Thanks for the update, oc.
-
May 19, 2008 at 6:50 PM #207959
davelj
ParticipantI’m shocked. Just shocked. Thanks for the update, oc.
-
May 19, 2008 at 6:27 PM #207854
ocrenter
Participantour polo playing friend here is not doing his share to help out the county government.
he currently owes $42,450.52 in back property taxes.
-
May 19, 2008 at 6:27 PM #207886
ocrenter
Participantour polo playing friend here is not doing his share to help out the county government.
he currently owes $42,450.52 in back property taxes.
-
May 19, 2008 at 6:27 PM #207910
ocrenter
Participantour polo playing friend here is not doing his share to help out the county government.
he currently owes $42,450.52 in back property taxes.
-
May 19, 2008 at 6:27 PM #207939
ocrenter
Participantour polo playing friend here is not doing his share to help out the county government.
he currently owes $42,450.52 in back property taxes.
-
May 19, 2008 at 5:08 PM #207734
davelj
Participantocrenter or anyone else… any update on this asshat’s property? Listing price lowered? NOD removed or foreclosure on the way? Did he pay his property taxes due in April?
Just curious as to how our litigious mortgage industry veteran is faring in these troubling times…
-
May 19, 2008 at 5:08 PM #207764
davelj
Participantocrenter or anyone else… any update on this asshat’s property? Listing price lowered? NOD removed or foreclosure on the way? Did he pay his property taxes due in April?
Just curious as to how our litigious mortgage industry veteran is faring in these troubling times…
-
May 19, 2008 at 5:08 PM #207789
davelj
Participantocrenter or anyone else… any update on this asshat’s property? Listing price lowered? NOD removed or foreclosure on the way? Did he pay his property taxes due in April?
Just curious as to how our litigious mortgage industry veteran is faring in these troubling times…
-
May 19, 2008 at 5:08 PM #207820
davelj
Participantocrenter or anyone else… any update on this asshat’s property? Listing price lowered? NOD removed or foreclosure on the way? Did he pay his property taxes due in April?
Just curious as to how our litigious mortgage industry veteran is faring in these troubling times…
-
February 29, 2008 at 4:17 PM #163201
patientlywaiting
ParticipantI just heard on NPR that OCrenter’s situation is called the Streisand Effect. I learn something new everyday. :).
It’s pretty clear to me that posting public information is protected by law. Even posting private information is generally protected.
http://en.wikipedia.org/wiki/Streisand_effect
http://www.npr.org/templates/story/story.php?storyId=87809195
-
February 29, 2008 at 4:17 PM #163214
patientlywaiting
ParticipantI just heard on NPR that OCrenter’s situation is called the Streisand Effect. I learn something new everyday. :).
It’s pretty clear to me that posting public information is protected by law. Even posting private information is generally protected.
http://en.wikipedia.org/wiki/Streisand_effect
http://www.npr.org/templates/story/story.php?storyId=87809195
-
February 29, 2008 at 4:17 PM #163227
patientlywaiting
ParticipantI just heard on NPR that OCrenter’s situation is called the Streisand Effect. I learn something new everyday. :).
It’s pretty clear to me that posting public information is protected by law. Even posting private information is generally protected.
http://en.wikipedia.org/wiki/Streisand_effect
http://www.npr.org/templates/story/story.php?storyId=87809195
-
February 29, 2008 at 4:17 PM #163306
patientlywaiting
ParticipantI just heard on NPR that OCrenter’s situation is called the Streisand Effect. I learn something new everyday. :).
It’s pretty clear to me that posting public information is protected by law. Even posting private information is generally protected.
http://en.wikipedia.org/wiki/Streisand_effect
http://www.npr.org/templates/story/story.php?storyId=87809195
-
February 29, 2008 at 10:30 AM #162904
Anonymous
GuestIt was represented to us that a great deal of money was made in the 1st Gulf war in this manner….thus they were hoping to duplicate that performance. But we didn’t know right away that it was Iraqi Dinars…that info came months later.
You’re right, we fell for a complete con. Next time we invest it will be w/ Smith/Barney.
Definitely learned a lesson the hard way.
-
February 29, 2008 at 10:30 AM #162921
Anonymous
GuestIt was represented to us that a great deal of money was made in the 1st Gulf war in this manner….thus they were hoping to duplicate that performance. But we didn’t know right away that it was Iraqi Dinars…that info came months later.
You’re right, we fell for a complete con. Next time we invest it will be w/ Smith/Barney.
Definitely learned a lesson the hard way.
-
February 29, 2008 at 10:30 AM #162934
Anonymous
GuestIt was represented to us that a great deal of money was made in the 1st Gulf war in this manner….thus they were hoping to duplicate that performance. But we didn’t know right away that it was Iraqi Dinars…that info came months later.
You’re right, we fell for a complete con. Next time we invest it will be w/ Smith/Barney.
Definitely learned a lesson the hard way.
-
February 29, 2008 at 10:30 AM #163009
Anonymous
GuestIt was represented to us that a great deal of money was made in the 1st Gulf war in this manner….thus they were hoping to duplicate that performance. But we didn’t know right away that it was Iraqi Dinars…that info came months later.
You’re right, we fell for a complete con. Next time we invest it will be w/ Smith/Barney.
Definitely learned a lesson the hard way.
-
February 29, 2008 at 6:59 AM #162763
NYCLurker
ParticipantCRC wrote: I..was looking to invest to in Iraqi dinars. I was looking for an investment that I could follow and when the time came I could cut my loses and get out of it if it was going to lose money a friend mine recommended an investment company to me called Stone wood
I’m a 99% lurker here but I can’t resist this one. CRC, you have to be kidding! Iraqi dinars??? Currency investing is for professionals. Most real estate investing is for professionals too. Another poster touched on it, but let me spell it out simply for you:
NEXT TIME, open a Fidelity or Vanguard account like the rest of us! DIVERSIFY your investments according to your risk profile. Maybe put some of your money in a money market fund, put some in an S&P index fund, put some in a bond fund, put a little in emerging growth or an overseas fund. Then sit back and enjoy the 8% a year you’ll get over the long term. And keep adding to your account every payday by throwing in another 10-20% of your gross income.
That’s how the game works for those of us who are getting richer and richer one day at a time. Got it?
If this isn’t sexy enough, and you’d rather play with dinars or scammy real estate deals, I’ve got a big ole bridge nearby that I’ll let you have cheap.
-
February 29, 2008 at 6:59 AM #162779
NYCLurker
ParticipantCRC wrote: I..was looking to invest to in Iraqi dinars. I was looking for an investment that I could follow and when the time came I could cut my loses and get out of it if it was going to lose money a friend mine recommended an investment company to me called Stone wood
I’m a 99% lurker here but I can’t resist this one. CRC, you have to be kidding! Iraqi dinars??? Currency investing is for professionals. Most real estate investing is for professionals too. Another poster touched on it, but let me spell it out simply for you:
NEXT TIME, open a Fidelity or Vanguard account like the rest of us! DIVERSIFY your investments according to your risk profile. Maybe put some of your money in a money market fund, put some in an S&P index fund, put some in a bond fund, put a little in emerging growth or an overseas fund. Then sit back and enjoy the 8% a year you’ll get over the long term. And keep adding to your account every payday by throwing in another 10-20% of your gross income.
That’s how the game works for those of us who are getting richer and richer one day at a time. Got it?
If this isn’t sexy enough, and you’d rather play with dinars or scammy real estate deals, I’ve got a big ole bridge nearby that I’ll let you have cheap.
-
February 29, 2008 at 6:59 AM #162795
NYCLurker
ParticipantCRC wrote: I..was looking to invest to in Iraqi dinars. I was looking for an investment that I could follow and when the time came I could cut my loses and get out of it if it was going to lose money a friend mine recommended an investment company to me called Stone wood
I’m a 99% lurker here but I can’t resist this one. CRC, you have to be kidding! Iraqi dinars??? Currency investing is for professionals. Most real estate investing is for professionals too. Another poster touched on it, but let me spell it out simply for you:
NEXT TIME, open a Fidelity or Vanguard account like the rest of us! DIVERSIFY your investments according to your risk profile. Maybe put some of your money in a money market fund, put some in an S&P index fund, put some in a bond fund, put a little in emerging growth or an overseas fund. Then sit back and enjoy the 8% a year you’ll get over the long term. And keep adding to your account every payday by throwing in another 10-20% of your gross income.
That’s how the game works for those of us who are getting richer and richer one day at a time. Got it?
If this isn’t sexy enough, and you’d rather play with dinars or scammy real estate deals, I’ve got a big ole bridge nearby that I’ll let you have cheap.
-
February 29, 2008 at 6:59 AM #162867
NYCLurker
ParticipantCRC wrote: I..was looking to invest to in Iraqi dinars. I was looking for an investment that I could follow and when the time came I could cut my loses and get out of it if it was going to lose money a friend mine recommended an investment company to me called Stone wood
I’m a 99% lurker here but I can’t resist this one. CRC, you have to be kidding! Iraqi dinars??? Currency investing is for professionals. Most real estate investing is for professionals too. Another poster touched on it, but let me spell it out simply for you:
NEXT TIME, open a Fidelity or Vanguard account like the rest of us! DIVERSIFY your investments according to your risk profile. Maybe put some of your money in a money market fund, put some in an S&P index fund, put some in a bond fund, put a little in emerging growth or an overseas fund. Then sit back and enjoy the 8% a year you’ll get over the long term. And keep adding to your account every payday by throwing in another 10-20% of your gross income.
That’s how the game works for those of us who are getting richer and richer one day at a time. Got it?
If this isn’t sexy enough, and you’d rather play with dinars or scammy real estate deals, I’ve got a big ole bridge nearby that I’ll let you have cheap.
-
February 28, 2008 at 3:18 PM #162371
Anonymous
GuestJWM,
No, I never said, I was Filipino, I am Caucasian, no I was not part of the church. I have military ties, and was looking to invest to in Iraqi dinars. I was looking for an investment that I could follow and when the time came I could cut my loses and get out of it if it was going to lose money a friend mine recommended an investment company to me called Stone wood they were a real estate company and I was not interested in them however they recommend another division of their company called Pacific Wealth Management LLC (NV) (I was not told of the Nevada part, when I did my due diligences it was on a California corporation). I looked to only invest a few thousand dollars that I saved while I was in Arabian Gulf.I was getting ready to retire from the military and was looking to begin my second life and start my second retirement. If you want to call investing into your future greed, than so be it, I call it preparing for the future. Next thing I know PWM took out over 30K worth of credit in my name and explained it was part of the program and they would take care of the payments if I felt uncomfortable they could divide up the shares with other investors but the minimum they could take out to invest in Iraqi dinars was $25K and I had no choice in the matter since they had already taken the credit out in my name with out my knowledge, I was furious how could this happen. Well it can happen when there are insiders in the system that were set up to protect us, if those road blocks are by passed there is not much you can do to protect yourself. I have to prove fraud in order to restore my credit and remove the debt. Hence the lawsuit.
I never received a dime in profit from them. I take full responsibility for what has happen to me and my family. At the same time I am not going to stand by and let some take advantage of me and get away with out any responsibility on their part. The people that did take the money are now going to take responsibility for their part, and I am determined that they won’t do this to others with out repercussions. If they had been shut down in the past they would not victimized any of us. They have been doing this in some sort of way since 1993 somebody should of did what we are doing. Since this has started we have shut them down 3 other times. Who knows how may potential victims were saved from the heart ache we are going though.
So stop bashing folks when you only know half the story and none of the facts. I agree with you as far as Stonewood goes and the tactics the those criminals left in our community.
Your aggression and disrespect should be directed towards the criminals not the common guy who was looking to prepare for his future and was taken advatage of by fraud. Look up the definition of fraud. These guys have been in business for over 15 years because they are good at stealing money and getting away with it. It took a bunch of house wives, nurses, military and common folks to finally expose them for what they are.
r/
cOREPS: I hope for the actions we have taken towards fraud in our community allows you to prosper. So the next time you prepare for your future remember it is greedy to invest.
-
February 28, 2008 at 3:18 PM #162388
Anonymous
GuestJWM,
No, I never said, I was Filipino, I am Caucasian, no I was not part of the church. I have military ties, and was looking to invest to in Iraqi dinars. I was looking for an investment that I could follow and when the time came I could cut my loses and get out of it if it was going to lose money a friend mine recommended an investment company to me called Stone wood they were a real estate company and I was not interested in them however they recommend another division of their company called Pacific Wealth Management LLC (NV) (I was not told of the Nevada part, when I did my due diligences it was on a California corporation). I looked to only invest a few thousand dollars that I saved while I was in Arabian Gulf.I was getting ready to retire from the military and was looking to begin my second life and start my second retirement. If you want to call investing into your future greed, than so be it, I call it preparing for the future. Next thing I know PWM took out over 30K worth of credit in my name and explained it was part of the program and they would take care of the payments if I felt uncomfortable they could divide up the shares with other investors but the minimum they could take out to invest in Iraqi dinars was $25K and I had no choice in the matter since they had already taken the credit out in my name with out my knowledge, I was furious how could this happen. Well it can happen when there are insiders in the system that were set up to protect us, if those road blocks are by passed there is not much you can do to protect yourself. I have to prove fraud in order to restore my credit and remove the debt. Hence the lawsuit.
I never received a dime in profit from them. I take full responsibility for what has happen to me and my family. At the same time I am not going to stand by and let some take advantage of me and get away with out any responsibility on their part. The people that did take the money are now going to take responsibility for their part, and I am determined that they won’t do this to others with out repercussions. If they had been shut down in the past they would not victimized any of us. They have been doing this in some sort of way since 1993 somebody should of did what we are doing. Since this has started we have shut them down 3 other times. Who knows how may potential victims were saved from the heart ache we are going though.
So stop bashing folks when you only know half the story and none of the facts. I agree with you as far as Stonewood goes and the tactics the those criminals left in our community.
Your aggression and disrespect should be directed towards the criminals not the common guy who was looking to prepare for his future and was taken advatage of by fraud. Look up the definition of fraud. These guys have been in business for over 15 years because they are good at stealing money and getting away with it. It took a bunch of house wives, nurses, military and common folks to finally expose them for what they are.
r/
cOREPS: I hope for the actions we have taken towards fraud in our community allows you to prosper. So the next time you prepare for your future remember it is greedy to invest.
-
February 28, 2008 at 3:18 PM #162405
Anonymous
GuestJWM,
No, I never said, I was Filipino, I am Caucasian, no I was not part of the church. I have military ties, and was looking to invest to in Iraqi dinars. I was looking for an investment that I could follow and when the time came I could cut my loses and get out of it if it was going to lose money a friend mine recommended an investment company to me called Stone wood they were a real estate company and I was not interested in them however they recommend another division of their company called Pacific Wealth Management LLC (NV) (I was not told of the Nevada part, when I did my due diligences it was on a California corporation). I looked to only invest a few thousand dollars that I saved while I was in Arabian Gulf.I was getting ready to retire from the military and was looking to begin my second life and start my second retirement. If you want to call investing into your future greed, than so be it, I call it preparing for the future. Next thing I know PWM took out over 30K worth of credit in my name and explained it was part of the program and they would take care of the payments if I felt uncomfortable they could divide up the shares with other investors but the minimum they could take out to invest in Iraqi dinars was $25K and I had no choice in the matter since they had already taken the credit out in my name with out my knowledge, I was furious how could this happen. Well it can happen when there are insiders in the system that were set up to protect us, if those road blocks are by passed there is not much you can do to protect yourself. I have to prove fraud in order to restore my credit and remove the debt. Hence the lawsuit.
I never received a dime in profit from them. I take full responsibility for what has happen to me and my family. At the same time I am not going to stand by and let some take advantage of me and get away with out any responsibility on their part. The people that did take the money are now going to take responsibility for their part, and I am determined that they won’t do this to others with out repercussions. If they had been shut down in the past they would not victimized any of us. They have been doing this in some sort of way since 1993 somebody should of did what we are doing. Since this has started we have shut them down 3 other times. Who knows how may potential victims were saved from the heart ache we are going though.
So stop bashing folks when you only know half the story and none of the facts. I agree with you as far as Stonewood goes and the tactics the those criminals left in our community.
Your aggression and disrespect should be directed towards the criminals not the common guy who was looking to prepare for his future and was taken advatage of by fraud. Look up the definition of fraud. These guys have been in business for over 15 years because they are good at stealing money and getting away with it. It took a bunch of house wives, nurses, military and common folks to finally expose them for what they are.
r/
cOREPS: I hope for the actions we have taken towards fraud in our community allows you to prosper. So the next time you prepare for your future remember it is greedy to invest.
-
February 28, 2008 at 3:18 PM #162474
Anonymous
GuestJWM,
No, I never said, I was Filipino, I am Caucasian, no I was not part of the church. I have military ties, and was looking to invest to in Iraqi dinars. I was looking for an investment that I could follow and when the time came I could cut my loses and get out of it if it was going to lose money a friend mine recommended an investment company to me called Stone wood they were a real estate company and I was not interested in them however they recommend another division of their company called Pacific Wealth Management LLC (NV) (I was not told of the Nevada part, when I did my due diligences it was on a California corporation). I looked to only invest a few thousand dollars that I saved while I was in Arabian Gulf.I was getting ready to retire from the military and was looking to begin my second life and start my second retirement. If you want to call investing into your future greed, than so be it, I call it preparing for the future. Next thing I know PWM took out over 30K worth of credit in my name and explained it was part of the program and they would take care of the payments if I felt uncomfortable they could divide up the shares with other investors but the minimum they could take out to invest in Iraqi dinars was $25K and I had no choice in the matter since they had already taken the credit out in my name with out my knowledge, I was furious how could this happen. Well it can happen when there are insiders in the system that were set up to protect us, if those road blocks are by passed there is not much you can do to protect yourself. I have to prove fraud in order to restore my credit and remove the debt. Hence the lawsuit.
I never received a dime in profit from them. I take full responsibility for what has happen to me and my family. At the same time I am not going to stand by and let some take advantage of me and get away with out any responsibility on their part. The people that did take the money are now going to take responsibility for their part, and I am determined that they won’t do this to others with out repercussions. If they had been shut down in the past they would not victimized any of us. They have been doing this in some sort of way since 1993 somebody should of did what we are doing. Since this has started we have shut them down 3 other times. Who knows how may potential victims were saved from the heart ache we are going though.
So stop bashing folks when you only know half the story and none of the facts. I agree with you as far as Stonewood goes and the tactics the those criminals left in our community.
Your aggression and disrespect should be directed towards the criminals not the common guy who was looking to prepare for his future and was taken advatage of by fraud. Look up the definition of fraud. These guys have been in business for over 15 years because they are good at stealing money and getting away with it. It took a bunch of house wives, nurses, military and common folks to finally expose them for what they are.
r/
cOREPS: I hope for the actions we have taken towards fraud in our community allows you to prosper. So the next time you prepare for your future remember it is greedy to invest.
-
February 28, 2008 at 9:59 AM #162051
JWM in SD
ParticipantJWM in SD
“no no, this is a group of mostly filipino nurses (along with their church friends and family) in temecula that got a bit too greedy and fell for a ponzi scheme of mega proportion by buying multiple homes at inflated prices and flipping for profit. a lot of them were dreaming of returning to the Philippines for early retirement with all that loot.”
I don’t get it…how is this racist if it’s true? He didn’t say you were Philipino CORE. He said the group was largely Philipino nurses and quite frankly, that is also what I’ve read in the news when this first broke. And before you call me a racist, I’m married to a Philipina pharmacist who has 4 sisters who are all RN’s.
The bottom line is you were too stupid to recognize the scam and you lost money. The reason why you are not welcome here is because your greed fueled the fraud in the housing market. Pure and Simple.
Adios. Don’t let the door hit you in the ass on the way out.
-
February 28, 2008 at 9:59 AM #162068
JWM in SD
ParticipantJWM in SD
“no no, this is a group of mostly filipino nurses (along with their church friends and family) in temecula that got a bit too greedy and fell for a ponzi scheme of mega proportion by buying multiple homes at inflated prices and flipping for profit. a lot of them were dreaming of returning to the Philippines for early retirement with all that loot.”
I don’t get it…how is this racist if it’s true? He didn’t say you were Philipino CORE. He said the group was largely Philipino nurses and quite frankly, that is also what I’ve read in the news when this first broke. And before you call me a racist, I’m married to a Philipina pharmacist who has 4 sisters who are all RN’s.
The bottom line is you were too stupid to recognize the scam and you lost money. The reason why you are not welcome here is because your greed fueled the fraud in the housing market. Pure and Simple.
Adios. Don’t let the door hit you in the ass on the way out.
-
February 28, 2008 at 9:59 AM #162085
JWM in SD
ParticipantJWM in SD
“no no, this is a group of mostly filipino nurses (along with their church friends and family) in temecula that got a bit too greedy and fell for a ponzi scheme of mega proportion by buying multiple homes at inflated prices and flipping for profit. a lot of them were dreaming of returning to the Philippines for early retirement with all that loot.”
I don’t get it…how is this racist if it’s true? He didn’t say you were Philipino CORE. He said the group was largely Philipino nurses and quite frankly, that is also what I’ve read in the news when this first broke. And before you call me a racist, I’m married to a Philipina pharmacist who has 4 sisters who are all RN’s.
The bottom line is you were too stupid to recognize the scam and you lost money. The reason why you are not welcome here is because your greed fueled the fraud in the housing market. Pure and Simple.
Adios. Don’t let the door hit you in the ass on the way out.
-
February 28, 2008 at 9:59 AM #162154
JWM in SD
ParticipantJWM in SD
“no no, this is a group of mostly filipino nurses (along with their church friends and family) in temecula that got a bit too greedy and fell for a ponzi scheme of mega proportion by buying multiple homes at inflated prices and flipping for profit. a lot of them were dreaming of returning to the Philippines for early retirement with all that loot.”
I don’t get it…how is this racist if it’s true? He didn’t say you were Philipino CORE. He said the group was largely Philipino nurses and quite frankly, that is also what I’ve read in the news when this first broke. And before you call me a racist, I’m married to a Philipina pharmacist who has 4 sisters who are all RN’s.
The bottom line is you were too stupid to recognize the scam and you lost money. The reason why you are not welcome here is because your greed fueled the fraud in the housing market. Pure and Simple.
Adios. Don’t let the door hit you in the ass on the way out.
-
February 28, 2008 at 10:01 AM #161760
nostradamus
ParticipantThat sucks SDR. I think this blog is making me paranoid (I already have an instinct to call out “conspiracy” at every little thing). I have to stop reading it for a while!!! Every time I read I go to bed thinking my dollars are becoming worthless, investing in gold or oil or commodities or anything is iffy and there’s a good chance I’ll get defrauded, all fund managers are corrupt, the system is bordering on collapse and the best thing to do is stock up on food, hole up in the bomb shelter, and load the guns.
Somebody post something happy!
-
February 28, 2008 at 10:04 AM #161770
jpinpb
ParticipantIs the glass half empty or half full?
I say it is happy news that real estate prices are adjusting.
-
February 28, 2008 at 10:11 AM #161775
nostradamus
ParticipantRE Prices adjusting would make me happy if it weren’t for the fact that it has spawned a barrage of government intervention to bail out the banks. Accompanying this is a campaign of mass deception, telling citizens everything is all right, we are bailing YOU out, continue to consume. It’s all so unreal, I’m in a state of mild shock.
So yeah, prices are going down but I’m biting my nails waiting to see how it ends.
-
February 28, 2008 at 10:11 AM #162071
nostradamus
ParticipantRE Prices adjusting would make me happy if it weren’t for the fact that it has spawned a barrage of government intervention to bail out the banks. Accompanying this is a campaign of mass deception, telling citizens everything is all right, we are bailing YOU out, continue to consume. It’s all so unreal, I’m in a state of mild shock.
So yeah, prices are going down but I’m biting my nails waiting to see how it ends.
-
February 28, 2008 at 10:11 AM #162087
nostradamus
ParticipantRE Prices adjusting would make me happy if it weren’t for the fact that it has spawned a barrage of government intervention to bail out the banks. Accompanying this is a campaign of mass deception, telling citizens everything is all right, we are bailing YOU out, continue to consume. It’s all so unreal, I’m in a state of mild shock.
So yeah, prices are going down but I’m biting my nails waiting to see how it ends.
-
February 28, 2008 at 10:11 AM #162105
nostradamus
ParticipantRE Prices adjusting would make me happy if it weren’t for the fact that it has spawned a barrage of government intervention to bail out the banks. Accompanying this is a campaign of mass deception, telling citizens everything is all right, we are bailing YOU out, continue to consume. It’s all so unreal, I’m in a state of mild shock.
So yeah, prices are going down but I’m biting my nails waiting to see how it ends.
-
February 28, 2008 at 10:11 AM #162174
nostradamus
ParticipantRE Prices adjusting would make me happy if it weren’t for the fact that it has spawned a barrage of government intervention to bail out the banks. Accompanying this is a campaign of mass deception, telling citizens everything is all right, we are bailing YOU out, continue to consume. It’s all so unreal, I’m in a state of mild shock.
So yeah, prices are going down but I’m biting my nails waiting to see how it ends.
-
February 28, 2008 at 10:04 AM #162066
jpinpb
ParticipantIs the glass half empty or half full?
I say it is happy news that real estate prices are adjusting.
-
February 28, 2008 at 10:04 AM #162082
jpinpb
ParticipantIs the glass half empty or half full?
I say it is happy news that real estate prices are adjusting.
-
February 28, 2008 at 10:04 AM #162100
jpinpb
ParticipantIs the glass half empty or half full?
I say it is happy news that real estate prices are adjusting.
-
February 28, 2008 at 10:04 AM #162169
jpinpb
ParticipantIs the glass half empty or half full?
I say it is happy news that real estate prices are adjusting.
-
February 28, 2008 at 10:01 AM #162056
nostradamus
ParticipantThat sucks SDR. I think this blog is making me paranoid (I already have an instinct to call out “conspiracy” at every little thing). I have to stop reading it for a while!!! Every time I read I go to bed thinking my dollars are becoming worthless, investing in gold or oil or commodities or anything is iffy and there’s a good chance I’ll get defrauded, all fund managers are corrupt, the system is bordering on collapse and the best thing to do is stock up on food, hole up in the bomb shelter, and load the guns.
Somebody post something happy!
-
February 28, 2008 at 10:01 AM #162073
nostradamus
ParticipantThat sucks SDR. I think this blog is making me paranoid (I already have an instinct to call out “conspiracy” at every little thing). I have to stop reading it for a while!!! Every time I read I go to bed thinking my dollars are becoming worthless, investing in gold or oil or commodities or anything is iffy and there’s a good chance I’ll get defrauded, all fund managers are corrupt, the system is bordering on collapse and the best thing to do is stock up on food, hole up in the bomb shelter, and load the guns.
Somebody post something happy!
-
February 28, 2008 at 10:01 AM #162090
nostradamus
ParticipantThat sucks SDR. I think this blog is making me paranoid (I already have an instinct to call out “conspiracy” at every little thing). I have to stop reading it for a while!!! Every time I read I go to bed thinking my dollars are becoming worthless, investing in gold or oil or commodities or anything is iffy and there’s a good chance I’ll get defrauded, all fund managers are corrupt, the system is bordering on collapse and the best thing to do is stock up on food, hole up in the bomb shelter, and load the guns.
Somebody post something happy!
-
February 28, 2008 at 10:01 AM #162159
nostradamus
ParticipantThat sucks SDR. I think this blog is making me paranoid (I already have an instinct to call out “conspiracy” at every little thing). I have to stop reading it for a while!!! Every time I read I go to bed thinking my dollars are becoming worthless, investing in gold or oil or commodities or anything is iffy and there’s a good chance I’ll get defrauded, all fund managers are corrupt, the system is bordering on collapse and the best thing to do is stock up on food, hole up in the bomb shelter, and load the guns.
Somebody post something happy!
-
February 28, 2008 at 10:15 AM #161780
Anonymous
GuestSDR-
Did you ever pursue holding these people responsible or did you just ‘walk away’?
I have admitted I made a mistake…a mistake in trusting the wrong people. It isn’t greed to want to get ahead. I had no knowledge that it was at others’ expense…if I did, never would have done it. I was ignorant of RE investment and trusted the wrong people.
I am trying to make lemonade out of lemons.
I don’t appreciate all the snarky comments by OCRenter like ‘angry pinays and pinoys’…it’s like calling Italians ‘kikes’ in my book. His comments are over the line…and I just may contact some Filipino organizations and maybe they can sue him for his comments.
-
February 28, 2008 at 10:23 AM #161807
nostradamus
ParticipantI don't appreciate all the snarky comments by OCRenter like 'angry pinays and pinoys'…it's like calling Italians 'kikes' in my book. His comments are over the line…and I just may contact some Filipino organizations and maybe they can sue him for his comments.
Hold on Taliban, are we suggesting a limitation on freedom of speech? Why are you so sue-happy?
Calling an Italian a kike is like calling a Jew a WOP. Get with the vernacular!!!
-
February 28, 2008 at 10:27 AM #161817
Anonymous
Guestand your point?
Exactly….I consider those comments anti-Filipino just as saying that about a Jew would be considered anti-semitic.
And calling me a Taliban….not very PC.
I don’t recall calling anyone here a name.
I would appreciate it if you give me the same courtesy.
-
February 28, 2008 at 10:39 AM #161832
Anonymous
GuestIt appears that there are fiancial geniuses here…
(or is that in his or her own mind?)I understand from the public issues that many cases exist in the state of California (as in other states) similar to this incident. The situation appears to result from financil naivety rather than stupidity. Stupidity lies with those who have been caught and look at possible incarceration.
R/
ERADICATOR -
February 28, 2008 at 10:51 AM #161852
nostradamus
ParticipantCbC I’m starting to understand how you were so easily conned…
I had 3 points in my post and you missed all of them. To make it simple for you:
1. I respect freedom of speech.
2. Willy-nilly lawsuits are bad.
3. Kike is not a term for Italians. It is used to denigrate Jews.mmmkay?
-
February 28, 2008 at 10:58 AM #161865
Anonymous
GuestNostradamus…
My bad…you are correct…I should have checked that more thoroughly before I posted.
SDR..
haven’t had the time to check the site…will do shortly…my only question was were you a part of holding them accountable? If so…then I don’t see where we disagree here.I apologize.
-
February 28, 2008 at 11:02 AM #161876
Anonymous
GuestAll of us have our ‘specialties’…
my major wasn’t finance…therefore I was naive and ignorant. -
February 28, 2008 at 11:02 AM #162171
Anonymous
GuestAll of us have our ‘specialties’…
my major wasn’t finance…therefore I was naive and ignorant. -
February 28, 2008 at 11:02 AM #162187
Anonymous
GuestAll of us have our ‘specialties’…
my major wasn’t finance…therefore I was naive and ignorant. -
February 28, 2008 at 11:02 AM #162205
Anonymous
GuestAll of us have our ‘specialties’…
my major wasn’t finance…therefore I was naive and ignorant. -
February 28, 2008 at 11:02 AM #162274
Anonymous
GuestAll of us have our ‘specialties’…
my major wasn’t finance…therefore I was naive and ignorant. -
February 28, 2008 at 11:02 AM #161882
ocrenter
Participantwait a minute here.
since when is Pinay and Pinoy the “P word”???
-
February 28, 2008 at 11:02 AM #162176
ocrenter
Participantwait a minute here.
since when is Pinay and Pinoy the “P word”???
-
February 28, 2008 at 11:02 AM #162192
ocrenter
Participantwait a minute here.
since when is Pinay and Pinoy the “P word”???
-
February 28, 2008 at 11:02 AM #162210
ocrenter
Participantwait a minute here.
since when is Pinay and Pinoy the “P word”???
-
February 28, 2008 at 11:02 AM #162279
ocrenter
Participantwait a minute here.
since when is Pinay and Pinoy the “P word”???
-
February 28, 2008 at 10:58 AM #162161
Anonymous
GuestNostradamus…
My bad…you are correct…I should have checked that more thoroughly before I posted.
SDR..
haven’t had the time to check the site…will do shortly…my only question was were you a part of holding them accountable? If so…then I don’t see where we disagree here.I apologize.
-
February 28, 2008 at 10:58 AM #162178
Anonymous
GuestNostradamus…
My bad…you are correct…I should have checked that more thoroughly before I posted.
SDR..
haven’t had the time to check the site…will do shortly…my only question was were you a part of holding them accountable? If so…then I don’t see where we disagree here.I apologize.
-
February 28, 2008 at 10:58 AM #162195
Anonymous
GuestNostradamus…
My bad…you are correct…I should have checked that more thoroughly before I posted.
SDR..
haven’t had the time to check the site…will do shortly…my only question was were you a part of holding them accountable? If so…then I don’t see where we disagree here.I apologize.
-
February 28, 2008 at 10:58 AM #162264
Anonymous
GuestNostradamus…
My bad…you are correct…I should have checked that more thoroughly before I posted.
SDR..
haven’t had the time to check the site…will do shortly…my only question was were you a part of holding them accountable? If so…then I don’t see where we disagree here.I apologize.
-
February 28, 2008 at 10:51 AM #162146
nostradamus
ParticipantCbC I’m starting to understand how you were so easily conned…
I had 3 points in my post and you missed all of them. To make it simple for you:
1. I respect freedom of speech.
2. Willy-nilly lawsuits are bad.
3. Kike is not a term for Italians. It is used to denigrate Jews.mmmkay?
-
February 28, 2008 at 10:51 AM #162163
nostradamus
ParticipantCbC I’m starting to understand how you were so easily conned…
I had 3 points in my post and you missed all of them. To make it simple for you:
1. I respect freedom of speech.
2. Willy-nilly lawsuits are bad.
3. Kike is not a term for Italians. It is used to denigrate Jews.mmmkay?
-
February 28, 2008 at 10:51 AM #162180
nostradamus
ParticipantCbC I’m starting to understand how you were so easily conned…
I had 3 points in my post and you missed all of them. To make it simple for you:
1. I respect freedom of speech.
2. Willy-nilly lawsuits are bad.
3. Kike is not a term for Italians. It is used to denigrate Jews.mmmkay?
-
February 28, 2008 at 10:51 AM #162249
nostradamus
ParticipantCbC I’m starting to understand how you were so easily conned…
I had 3 points in my post and you missed all of them. To make it simple for you:
1. I respect freedom of speech.
2. Willy-nilly lawsuits are bad.
3. Kike is not a term for Italians. It is used to denigrate Jews.mmmkay?
-
February 28, 2008 at 10:39 AM #162126
Anonymous
GuestIt appears that there are fiancial geniuses here…
(or is that in his or her own mind?)I understand from the public issues that many cases exist in the state of California (as in other states) similar to this incident. The situation appears to result from financil naivety rather than stupidity. Stupidity lies with those who have been caught and look at possible incarceration.
R/
ERADICATOR -
February 28, 2008 at 10:39 AM #162143
Anonymous
GuestIt appears that there are fiancial geniuses here…
(or is that in his or her own mind?)I understand from the public issues that many cases exist in the state of California (as in other states) similar to this incident. The situation appears to result from financil naivety rather than stupidity. Stupidity lies with those who have been caught and look at possible incarceration.
R/
ERADICATOR -
February 28, 2008 at 10:39 AM #162160
Anonymous
GuestIt appears that there are fiancial geniuses here…
(or is that in his or her own mind?)I understand from the public issues that many cases exist in the state of California (as in other states) similar to this incident. The situation appears to result from financil naivety rather than stupidity. Stupidity lies with those who have been caught and look at possible incarceration.
R/
ERADICATOR -
February 28, 2008 at 10:39 AM #162229
Anonymous
GuestIt appears that there are fiancial geniuses here…
(or is that in his or her own mind?)I understand from the public issues that many cases exist in the state of California (as in other states) similar to this incident. The situation appears to result from financil naivety rather than stupidity. Stupidity lies with those who have been caught and look at possible incarceration.
R/
ERADICATOR -
February 28, 2008 at 10:27 AM #162111
Anonymous
Guestand your point?
Exactly….I consider those comments anti-Filipino just as saying that about a Jew would be considered anti-semitic.
And calling me a Taliban….not very PC.
I don’t recall calling anyone here a name.
I would appreciate it if you give me the same courtesy.
-
February 28, 2008 at 10:27 AM #162128
Anonymous
Guestand your point?
Exactly….I consider those comments anti-Filipino just as saying that about a Jew would be considered anti-semitic.
And calling me a Taliban….not very PC.
I don’t recall calling anyone here a name.
I would appreciate it if you give me the same courtesy.
-
February 28, 2008 at 10:27 AM #162145
Anonymous
Guestand your point?
Exactly….I consider those comments anti-Filipino just as saying that about a Jew would be considered anti-semitic.
And calling me a Taliban….not very PC.
I don’t recall calling anyone here a name.
I would appreciate it if you give me the same courtesy.
-
February 28, 2008 at 10:27 AM #162214
Anonymous
Guestand your point?
Exactly….I consider those comments anti-Filipino just as saying that about a Jew would be considered anti-semitic.
And calling me a Taliban….not very PC.
I don’t recall calling anyone here a name.
I would appreciate it if you give me the same courtesy.
-
February 28, 2008 at 11:03 AM #161887
Anonymous
GuestA WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR -
February 28, 2008 at 11:03 AM #162182
Anonymous
GuestA WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR -
February 28, 2008 at 11:03 AM #162198
Anonymous
GuestA WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR -
February 28, 2008 at 11:03 AM #162215
Anonymous
GuestA WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR -
February 28, 2008 at 11:03 AM #162284
Anonymous
GuestA WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR -
February 28, 2008 at 11:03 AM #161892
Anonymous
GuestA WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR -
February 15, 2010 at 1:58 PM #513328
CDMA ENG
Participant[quote=ERADICATOR]A WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR[/quote]And if anyone is wondering what WOP means… It means With Out Papers… Apparently we italians were the orignal “wetbacks”.
CE
-
February 15, 2010 at 2:24 PM #513338
urbanrealtor
Participant[quote=CDMA ENG][quote=ERADICATOR]A WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR[/quote]And if anyone is wondering what WOP means… It means With Out Papers… Apparently we italians were the orignal “wetbacks”.
CE[/quote]
Or the irish.My grandad is 93.
He got his first real estate job in 1930 (when he was 14).
Per him, the whole reason CC&R’s exist (and they have been around since the 1880s or so) was so that neighborhoods didn’t have to worry about Italians and Irish moving in.
His father (also an Irish Realtor) had to know them when selling in different parts of Detroit.Random.
Also, if you sell anything older than about 1960 in La Jolla, they still show ethnic ownership restrictions on the HOA docs.
Fun stuff.
-
February 15, 2010 at 4:42 PM #513362
briansd1
Guesturbanrealtor, good points about the history of real estate.
Did they have Realtors (with capital R) at that time, or were they simply real estate agents?
Too bad most people are oblivious that history.
BTW, those people who wrote those covenant restrictions in the 1960s are still alive today. I doubt that their views have changed all that much.
I’m however heartened that young people are more advanced in their views.
It takes time for social progress. Racial discrimination in housing was not enforceable since 1945 but was still going on through the 1970s.
That’s what I mean by incremental social progress and the convervatives wanting to block progress and conserve back in time through obstruction.
-
February 15, 2010 at 8:52 PM #513392
urbanrealtor
Participant[quote=briansd1]urbanrealtor, good points about the history of real estate.
Did they have Realtors (with capital R) at that time, or were they simply real estate agents?
Too bad most people are oblivious that history.
BTW, those people who wrote those covenant restrictions in the 1960s are still alive today. I doubt that their views have changed all that much.
I’m however heartened that young people are more advanced in their views.
It takes time for social progress. Racial discrimination in housing was not enforceable since 1945 but was still going on through the 1970s.
That’s what I mean by incremental social progress and the convervatives wanting to block progress and conserve back in time through obstruction.
http://en.wikipedia.org/wiki/Shelley_v._Kraemer%5B/quote%5D
The trademark Realtor designation was achieved in like 1949 and I think that when my family started there was no association and not even a license system in place.
My grandad’s recollection was that when they did come up with a board (and its MLS) the listings were dogs and the board was seen as more of a hassle than a help. He said he eventually drew the short straw and ended up as president for a while.
He went on (30 years later and after the move to California) to engage in lobbying efforts to make redlining, steering, and blockbusting into enforceable violations. That one did not go down easily. Agents, by design and practice, try to please their clients; and clients (even today) want things that are not necessarily in keeping with legal and ethical practices.
For example, I regularly get this question:
“What kind of other people live in the neighborhood?”.
Translation: “Are they white/ black/ gay/ parents/ robots like us????”
This is a normal question that is patently unlawful for me to answer. I usually go with some weasel version of “its really mixed” or “you might want to have a look when you come by later”.
I can only how much more difficult that conversation was in the 1960’s. -
February 15, 2010 at 8:52 PM #513541
urbanrealtor
Participant[quote=briansd1]urbanrealtor, good points about the history of real estate.
Did they have Realtors (with capital R) at that time, or were they simply real estate agents?
Too bad most people are oblivious that history.
BTW, those people who wrote those covenant restrictions in the 1960s are still alive today. I doubt that their views have changed all that much.
I’m however heartened that young people are more advanced in their views.
It takes time for social progress. Racial discrimination in housing was not enforceable since 1945 but was still going on through the 1970s.
That’s what I mean by incremental social progress and the convervatives wanting to block progress and conserve back in time through obstruction.
http://en.wikipedia.org/wiki/Shelley_v._Kraemer%5B/quote%5D
The trademark Realtor designation was achieved in like 1949 and I think that when my family started there was no association and not even a license system in place.
My grandad’s recollection was that when they did come up with a board (and its MLS) the listings were dogs and the board was seen as more of a hassle than a help. He said he eventually drew the short straw and ended up as president for a while.
He went on (30 years later and after the move to California) to engage in lobbying efforts to make redlining, steering, and blockbusting into enforceable violations. That one did not go down easily. Agents, by design and practice, try to please their clients; and clients (even today) want things that are not necessarily in keeping with legal and ethical practices.
For example, I regularly get this question:
“What kind of other people live in the neighborhood?”.
Translation: “Are they white/ black/ gay/ parents/ robots like us????”
This is a normal question that is patently unlawful for me to answer. I usually go with some weasel version of “its really mixed” or “you might want to have a look when you come by later”.
I can only how much more difficult that conversation was in the 1960’s. -
February 15, 2010 at 8:52 PM #513963
urbanrealtor
Participant[quote=briansd1]urbanrealtor, good points about the history of real estate.
Did they have Realtors (with capital R) at that time, or were they simply real estate agents?
Too bad most people are oblivious that history.
BTW, those people who wrote those covenant restrictions in the 1960s are still alive today. I doubt that their views have changed all that much.
I’m however heartened that young people are more advanced in their views.
It takes time for social progress. Racial discrimination in housing was not enforceable since 1945 but was still going on through the 1970s.
That’s what I mean by incremental social progress and the convervatives wanting to block progress and conserve back in time through obstruction.
http://en.wikipedia.org/wiki/Shelley_v._Kraemer%5B/quote%5D
The trademark Realtor designation was achieved in like 1949 and I think that when my family started there was no association and not even a license system in place.
My grandad’s recollection was that when they did come up with a board (and its MLS) the listings were dogs and the board was seen as more of a hassle than a help. He said he eventually drew the short straw and ended up as president for a while.
He went on (30 years later and after the move to California) to engage in lobbying efforts to make redlining, steering, and blockbusting into enforceable violations. That one did not go down easily. Agents, by design and practice, try to please their clients; and clients (even today) want things that are not necessarily in keeping with legal and ethical practices.
For example, I regularly get this question:
“What kind of other people live in the neighborhood?”.
Translation: “Are they white/ black/ gay/ parents/ robots like us????”
This is a normal question that is patently unlawful for me to answer. I usually go with some weasel version of “its really mixed” or “you might want to have a look when you come by later”.
I can only how much more difficult that conversation was in the 1960’s. -
February 15, 2010 at 8:52 PM #514056
urbanrealtor
Participant[quote=briansd1]urbanrealtor, good points about the history of real estate.
Did they have Realtors (with capital R) at that time, or were they simply real estate agents?
Too bad most people are oblivious that history.
BTW, those people who wrote those covenant restrictions in the 1960s are still alive today. I doubt that their views have changed all that much.
I’m however heartened that young people are more advanced in their views.
It takes time for social progress. Racial discrimination in housing was not enforceable since 1945 but was still going on through the 1970s.
That’s what I mean by incremental social progress and the convervatives wanting to block progress and conserve back in time through obstruction.
http://en.wikipedia.org/wiki/Shelley_v._Kraemer%5B/quote%5D
The trademark Realtor designation was achieved in like 1949 and I think that when my family started there was no association and not even a license system in place.
My grandad’s recollection was that when they did come up with a board (and its MLS) the listings were dogs and the board was seen as more of a hassle than a help. He said he eventually drew the short straw and ended up as president for a while.
He went on (30 years later and after the move to California) to engage in lobbying efforts to make redlining, steering, and blockbusting into enforceable violations. That one did not go down easily. Agents, by design and practice, try to please their clients; and clients (even today) want things that are not necessarily in keeping with legal and ethical practices.
For example, I regularly get this question:
“What kind of other people live in the neighborhood?”.
Translation: “Are they white/ black/ gay/ parents/ robots like us????”
This is a normal question that is patently unlawful for me to answer. I usually go with some weasel version of “its really mixed” or “you might want to have a look when you come by later”.
I can only how much more difficult that conversation was in the 1960’s. -
February 15, 2010 at 8:52 PM #514310
urbanrealtor
Participant[quote=briansd1]urbanrealtor, good points about the history of real estate.
Did they have Realtors (with capital R) at that time, or were they simply real estate agents?
Too bad most people are oblivious that history.
BTW, those people who wrote those covenant restrictions in the 1960s are still alive today. I doubt that their views have changed all that much.
I’m however heartened that young people are more advanced in their views.
It takes time for social progress. Racial discrimination in housing was not enforceable since 1945 but was still going on through the 1970s.
That’s what I mean by incremental social progress and the convervatives wanting to block progress and conserve back in time through obstruction.
http://en.wikipedia.org/wiki/Shelley_v._Kraemer%5B/quote%5D
The trademark Realtor designation was achieved in like 1949 and I think that when my family started there was no association and not even a license system in place.
My grandad’s recollection was that when they did come up with a board (and its MLS) the listings were dogs and the board was seen as more of a hassle than a help. He said he eventually drew the short straw and ended up as president for a while.
He went on (30 years later and after the move to California) to engage in lobbying efforts to make redlining, steering, and blockbusting into enforceable violations. That one did not go down easily. Agents, by design and practice, try to please their clients; and clients (even today) want things that are not necessarily in keeping with legal and ethical practices.
For example, I regularly get this question:
“What kind of other people live in the neighborhood?”.
Translation: “Are they white/ black/ gay/ parents/ robots like us????”
This is a normal question that is patently unlawful for me to answer. I usually go with some weasel version of “its really mixed” or “you might want to have a look when you come by later”.
I can only how much more difficult that conversation was in the 1960’s. -
February 15, 2010 at 4:42 PM #513511
briansd1
Guesturbanrealtor, good points about the history of real estate.
Did they have Realtors (with capital R) at that time, or were they simply real estate agents?
Too bad most people are oblivious that history.
BTW, those people who wrote those covenant restrictions in the 1960s are still alive today. I doubt that their views have changed all that much.
I’m however heartened that young people are more advanced in their views.
It takes time for social progress. Racial discrimination in housing was not enforceable since 1945 but was still going on through the 1970s.
That’s what I mean by incremental social progress and the convervatives wanting to block progress and conserve back in time through obstruction.
-
February 15, 2010 at 4:42 PM #513933
briansd1
Guesturbanrealtor, good points about the history of real estate.
Did they have Realtors (with capital R) at that time, or were they simply real estate agents?
Too bad most people are oblivious that history.
BTW, those people who wrote those covenant restrictions in the 1960s are still alive today. I doubt that their views have changed all that much.
I’m however heartened that young people are more advanced in their views.
It takes time for social progress. Racial discrimination in housing was not enforceable since 1945 but was still going on through the 1970s.
That’s what I mean by incremental social progress and the convervatives wanting to block progress and conserve back in time through obstruction.
-
February 15, 2010 at 4:42 PM #514026
briansd1
Guesturbanrealtor, good points about the history of real estate.
Did they have Realtors (with capital R) at that time, or were they simply real estate agents?
Too bad most people are oblivious that history.
BTW, those people who wrote those covenant restrictions in the 1960s are still alive today. I doubt that their views have changed all that much.
I’m however heartened that young people are more advanced in their views.
It takes time for social progress. Racial discrimination in housing was not enforceable since 1945 but was still going on through the 1970s.
That’s what I mean by incremental social progress and the convervatives wanting to block progress and conserve back in time through obstruction.
-
February 15, 2010 at 4:42 PM #514280
briansd1
Guesturbanrealtor, good points about the history of real estate.
Did they have Realtors (with capital R) at that time, or were they simply real estate agents?
Too bad most people are oblivious that history.
BTW, those people who wrote those covenant restrictions in the 1960s are still alive today. I doubt that their views have changed all that much.
I’m however heartened that young people are more advanced in their views.
It takes time for social progress. Racial discrimination in housing was not enforceable since 1945 but was still going on through the 1970s.
That’s what I mean by incremental social progress and the convervatives wanting to block progress and conserve back in time through obstruction.
-
February 15, 2010 at 7:05 PM #513377
CDMA ENG
Participant[quote=urbanrealtor][quote=CDMA ENG][quote=ERADICATOR]A WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR[/quote]And if anyone is wondering what WOP means… It means With Out Papers… Apparently we italians were the orignal “wetbacks”.
CE[/quote]
Or the irish.My grandad is 93.
He got his first real estate job in 1930 (when he was 14).
Per him, the whole reason CC&R’s exist (and they have been around since the 1880s or so) was so that neighborhoods didn’t have to worry about Italians and Irish moving in.
His father (also an Irish Realtor) had to know them when selling in different parts of Detroit.Random.
Also, if you sell anything older than about 1960 in La Jolla, they still show ethnic ownership restrictions on the HOA docs.
Fun stuff.[/quote]
Actually your right… The irish were the first resented enthic group to come in… Its just that we were the second and more numerous to come so we carried the rep a little more heavily. Every enthic group has their time at the bottom of the class structure then educates and move out of that “class”. Right now its the latinos and in 20 years it will be someone else…
CE
-
February 15, 2010 at 7:05 PM #513526
CDMA ENG
Participant[quote=urbanrealtor][quote=CDMA ENG][quote=ERADICATOR]A WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR[/quote]And if anyone is wondering what WOP means… It means With Out Papers… Apparently we italians were the orignal “wetbacks”.
CE[/quote]
Or the irish.My grandad is 93.
He got his first real estate job in 1930 (when he was 14).
Per him, the whole reason CC&R’s exist (and they have been around since the 1880s or so) was so that neighborhoods didn’t have to worry about Italians and Irish moving in.
His father (also an Irish Realtor) had to know them when selling in different parts of Detroit.Random.
Also, if you sell anything older than about 1960 in La Jolla, they still show ethnic ownership restrictions on the HOA docs.
Fun stuff.[/quote]
Actually your right… The irish were the first resented enthic group to come in… Its just that we were the second and more numerous to come so we carried the rep a little more heavily. Every enthic group has their time at the bottom of the class structure then educates and move out of that “class”. Right now its the latinos and in 20 years it will be someone else…
CE
-
February 15, 2010 at 7:05 PM #513948
CDMA ENG
Participant[quote=urbanrealtor][quote=CDMA ENG][quote=ERADICATOR]A WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR[/quote]And if anyone is wondering what WOP means… It means With Out Papers… Apparently we italians were the orignal “wetbacks”.
CE[/quote]
Or the irish.My grandad is 93.
He got his first real estate job in 1930 (when he was 14).
Per him, the whole reason CC&R’s exist (and they have been around since the 1880s or so) was so that neighborhoods didn’t have to worry about Italians and Irish moving in.
His father (also an Irish Realtor) had to know them when selling in different parts of Detroit.Random.
Also, if you sell anything older than about 1960 in La Jolla, they still show ethnic ownership restrictions on the HOA docs.
Fun stuff.[/quote]
Actually your right… The irish were the first resented enthic group to come in… Its just that we were the second and more numerous to come so we carried the rep a little more heavily. Every enthic group has their time at the bottom of the class structure then educates and move out of that “class”. Right now its the latinos and in 20 years it will be someone else…
CE
-
February 15, 2010 at 7:05 PM #514041
CDMA ENG
Participant[quote=urbanrealtor][quote=CDMA ENG][quote=ERADICATOR]A WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR[/quote]And if anyone is wondering what WOP means… It means With Out Papers… Apparently we italians were the orignal “wetbacks”.
CE[/quote]
Or the irish.My grandad is 93.
He got his first real estate job in 1930 (when he was 14).
Per him, the whole reason CC&R’s exist (and they have been around since the 1880s or so) was so that neighborhoods didn’t have to worry about Italians and Irish moving in.
His father (also an Irish Realtor) had to know them when selling in different parts of Detroit.Random.
Also, if you sell anything older than about 1960 in La Jolla, they still show ethnic ownership restrictions on the HOA docs.
Fun stuff.[/quote]
Actually your right… The irish were the first resented enthic group to come in… Its just that we were the second and more numerous to come so we carried the rep a little more heavily. Every enthic group has their time at the bottom of the class structure then educates and move out of that “class”. Right now its the latinos and in 20 years it will be someone else…
CE
-
February 15, 2010 at 7:05 PM #514295
CDMA ENG
Participant[quote=urbanrealtor][quote=CDMA ENG][quote=ERADICATOR]A WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR[/quote]And if anyone is wondering what WOP means… It means With Out Papers… Apparently we italians were the orignal “wetbacks”.
CE[/quote]
Or the irish.My grandad is 93.
He got his first real estate job in 1930 (when he was 14).
Per him, the whole reason CC&R’s exist (and they have been around since the 1880s or so) was so that neighborhoods didn’t have to worry about Italians and Irish moving in.
His father (also an Irish Realtor) had to know them when selling in different parts of Detroit.Random.
Also, if you sell anything older than about 1960 in La Jolla, they still show ethnic ownership restrictions on the HOA docs.
Fun stuff.[/quote]
Actually your right… The irish were the first resented enthic group to come in… Its just that we were the second and more numerous to come so we carried the rep a little more heavily. Every enthic group has their time at the bottom of the class structure then educates and move out of that “class”. Right now its the latinos and in 20 years it will be someone else…
CE
-
February 15, 2010 at 2:24 PM #513486
urbanrealtor
Participant[quote=CDMA ENG][quote=ERADICATOR]A WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR[/quote]And if anyone is wondering what WOP means… It means With Out Papers… Apparently we italians were the orignal “wetbacks”.
CE[/quote]
Or the irish.My grandad is 93.
He got his first real estate job in 1930 (when he was 14).
Per him, the whole reason CC&R’s exist (and they have been around since the 1880s or so) was so that neighborhoods didn’t have to worry about Italians and Irish moving in.
His father (also an Irish Realtor) had to know them when selling in different parts of Detroit.Random.
Also, if you sell anything older than about 1960 in La Jolla, they still show ethnic ownership restrictions on the HOA docs.
Fun stuff.
-
February 15, 2010 at 2:24 PM #513908
urbanrealtor
Participant[quote=CDMA ENG][quote=ERADICATOR]A WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR[/quote]And if anyone is wondering what WOP means… It means With Out Papers… Apparently we italians were the orignal “wetbacks”.
CE[/quote]
Or the irish.My grandad is 93.
He got his first real estate job in 1930 (when he was 14).
Per him, the whole reason CC&R’s exist (and they have been around since the 1880s or so) was so that neighborhoods didn’t have to worry about Italians and Irish moving in.
His father (also an Irish Realtor) had to know them when selling in different parts of Detroit.Random.
Also, if you sell anything older than about 1960 in La Jolla, they still show ethnic ownership restrictions on the HOA docs.
Fun stuff.
-
February 15, 2010 at 2:24 PM #514001
urbanrealtor
Participant[quote=CDMA ENG][quote=ERADICATOR]A WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR[/quote]And if anyone is wondering what WOP means… It means With Out Papers… Apparently we italians were the orignal “wetbacks”.
CE[/quote]
Or the irish.My grandad is 93.
He got his first real estate job in 1930 (when he was 14).
Per him, the whole reason CC&R’s exist (and they have been around since the 1880s or so) was so that neighborhoods didn’t have to worry about Italians and Irish moving in.
His father (also an Irish Realtor) had to know them when selling in different parts of Detroit.Random.
Also, if you sell anything older than about 1960 in La Jolla, they still show ethnic ownership restrictions on the HOA docs.
Fun stuff.
-
February 15, 2010 at 2:24 PM #514255
urbanrealtor
Participant[quote=CDMA ENG][quote=ERADICATOR]A WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR[/quote]And if anyone is wondering what WOP means… It means With Out Papers… Apparently we italians were the orignal “wetbacks”.
CE[/quote]
Or the irish.My grandad is 93.
He got his first real estate job in 1930 (when he was 14).
Per him, the whole reason CC&R’s exist (and they have been around since the 1880s or so) was so that neighborhoods didn’t have to worry about Italians and Irish moving in.
His father (also an Irish Realtor) had to know them when selling in different parts of Detroit.Random.
Also, if you sell anything older than about 1960 in La Jolla, they still show ethnic ownership restrictions on the HOA docs.
Fun stuff.
-
February 15, 2010 at 1:58 PM #513476
CDMA ENG
Participant[quote=ERADICATOR]A WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR[/quote]And if anyone is wondering what WOP means… It means With Out Papers… Apparently we italians were the orignal “wetbacks”.
CE
-
February 15, 2010 at 1:58 PM #513898
CDMA ENG
Participant[quote=ERADICATOR]A WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR[/quote]And if anyone is wondering what WOP means… It means With Out Papers… Apparently we italians were the orignal “wetbacks”.
CE
-
February 15, 2010 at 1:58 PM #513991
CDMA ENG
Participant[quote=ERADICATOR]A WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR[/quote]And if anyone is wondering what WOP means… It means With Out Papers… Apparently we italians were the orignal “wetbacks”.
CE
-
February 15, 2010 at 1:58 PM #514245
CDMA ENG
Participant[quote=ERADICATOR]A WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR[/quote]And if anyone is wondering what WOP means… It means With Out Papers… Apparently we italians were the orignal “wetbacks”.
CE
-
February 28, 2008 at 11:03 AM #162188
Anonymous
GuestA WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR -
February 28, 2008 at 11:03 AM #162203
Anonymous
GuestA WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR -
February 28, 2008 at 11:03 AM #162221
Anonymous
GuestA WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR -
February 28, 2008 at 11:03 AM #162289
Anonymous
GuestA WOP is an Italian…
and Kike is a Jewallow me to interject Italians dengenerate references are: WOP, Guinea
Jew degenerate references are:
Kike, BagelCorrection made
R/
ERADICATOR -
February 28, 2008 at 11:06 AM #161897
Anonymous
GuestWho here can say he or she has not lost in investments…
most have a 401K – market isn’t great
dollar is dropping in comparision to other countriesR/
ERADICATOR -
February 28, 2008 at 11:19 AM #161932
Coronita
ParticipantWho here can say he or she has not lost in investments…
most have a 401K – market isn't great
dollar is dropping in comparision to other countriesYes, but most of us aren't blaming others for our decisions and greed.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
February 28, 2008 at 9:00 PM #162327
Anonymous
GuestCorrect – however, I recall reading in an earlier posting that someone was blaming these individuals for the fall of the housing market in the Inland Empire…
Point is: they are not the only loans to go under. Many of these sub-prime loans were taken by people who were young and seen a method to obtain a first home.
I believe the movie “The Devil’s Advocate” states that pride gets them everytime…earlier he knew to use greed to lure individuals – commonly part of his or her own “lusts.” Yes, greed did play a part in many of the decisions to get involved as it does the desire to hit the lotto in many individuals intent in purchasing a ticket – still boils down to greed.
As far as blaming these con-artists (if I may), I believe it was more a point of keep other individuals from entering into the same situation to which they had entered. For example – the Heath case and many others that are yet unknown.
According to the articles, these con-artists are still practicing their arts.
R/
ERADICATOR -
February 28, 2008 at 10:31 PM #162362
Coronita
ParticipantCorrect – however, I recall reading in an earlier posting that someone was blaming these individuals for the fall of the housing market in the Inland Empire…
Point is: they are not the only loans to go under. Many of these sub-prime loans were taken by people who were young and seen a method to obtain a first home.
I believe the movie "The Devil's Advocate" states that pride gets them everytime…earlier he knew to use greed to lure individuals – commonly part of his or her own "lusts." Yes, greed did play a part in many of the decisions to get involved as it does the desire to hit the lotto in many individuals intent in purchasing a ticket – still boils down to greed.
As far as blaming these con-artists (if I may), I believe it was more a point of keep other individuals from entering into the same situation to which they had entered. For example – the Heath case and many others that are yet unknown.
According to the articles, these con-artists are still practicing their arts.
Folks who participated in this scheme inevitable were part of the process to artificially inflate RE. As is everyone else who took out easy money/interest only subprime and who really could afford to make ends meet, as well as banks,government, etc who loosened lending standards so much. ALL guilty as charged.
May I remind you that the original purpose of this thread was to report what happened to ocrenter's blog, and has since then been hijacked to talk about what happened in riverside? Shall I remind everyone how it was hijacked?
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
February 28, 2008 at 10:31 PM #162657
Coronita
ParticipantCorrect – however, I recall reading in an earlier posting that someone was blaming these individuals for the fall of the housing market in the Inland Empire…
Point is: they are not the only loans to go under. Many of these sub-prime loans were taken by people who were young and seen a method to obtain a first home.
I believe the movie "The Devil's Advocate" states that pride gets them everytime…earlier he knew to use greed to lure individuals – commonly part of his or her own "lusts." Yes, greed did play a part in many of the decisions to get involved as it does the desire to hit the lotto in many individuals intent in purchasing a ticket – still boils down to greed.
As far as blaming these con-artists (if I may), I believe it was more a point of keep other individuals from entering into the same situation to which they had entered. For example – the Heath case and many others that are yet unknown.
According to the articles, these con-artists are still practicing their arts.
Folks who participated in this scheme inevitable were part of the process to artificially inflate RE. As is everyone else who took out easy money/interest only subprime and who really could afford to make ends meet, as well as banks,government, etc who loosened lending standards so much. ALL guilty as charged.
May I remind you that the original purpose of this thread was to report what happened to ocrenter's blog, and has since then been hijacked to talk about what happened in riverside? Shall I remind everyone how it was hijacked?
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
February 28, 2008 at 10:31 PM #162673
Coronita
ParticipantCorrect – however, I recall reading in an earlier posting that someone was blaming these individuals for the fall of the housing market in the Inland Empire…
Point is: they are not the only loans to go under. Many of these sub-prime loans were taken by people who were young and seen a method to obtain a first home.
I believe the movie "The Devil's Advocate" states that pride gets them everytime…earlier he knew to use greed to lure individuals – commonly part of his or her own "lusts." Yes, greed did play a part in many of the decisions to get involved as it does the desire to hit the lotto in many individuals intent in purchasing a ticket – still boils down to greed.
As far as blaming these con-artists (if I may), I believe it was more a point of keep other individuals from entering into the same situation to which they had entered. For example – the Heath case and many others that are yet unknown.
According to the articles, these con-artists are still practicing their arts.
Folks who participated in this scheme inevitable were part of the process to artificially inflate RE. As is everyone else who took out easy money/interest only subprime and who really could afford to make ends meet, as well as banks,government, etc who loosened lending standards so much. ALL guilty as charged.
May I remind you that the original purpose of this thread was to report what happened to ocrenter's blog, and has since then been hijacked to talk about what happened in riverside? Shall I remind everyone how it was hijacked?
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
February 28, 2008 at 10:31 PM #162690
Coronita
ParticipantCorrect – however, I recall reading in an earlier posting that someone was blaming these individuals for the fall of the housing market in the Inland Empire…
Point is: they are not the only loans to go under. Many of these sub-prime loans were taken by people who were young and seen a method to obtain a first home.
I believe the movie "The Devil's Advocate" states that pride gets them everytime…earlier he knew to use greed to lure individuals – commonly part of his or her own "lusts." Yes, greed did play a part in many of the decisions to get involved as it does the desire to hit the lotto in many individuals intent in purchasing a ticket – still boils down to greed.
As far as blaming these con-artists (if I may), I believe it was more a point of keep other individuals from entering into the same situation to which they had entered. For example – the Heath case and many others that are yet unknown.
According to the articles, these con-artists are still practicing their arts.
Folks who participated in this scheme inevitable were part of the process to artificially inflate RE. As is everyone else who took out easy money/interest only subprime and who really could afford to make ends meet, as well as banks,government, etc who loosened lending standards so much. ALL guilty as charged.
May I remind you that the original purpose of this thread was to report what happened to ocrenter's blog, and has since then been hijacked to talk about what happened in riverside? Shall I remind everyone how it was hijacked?
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
February 28, 2008 at 10:31 PM #162761
Coronita
ParticipantCorrect – however, I recall reading in an earlier posting that someone was blaming these individuals for the fall of the housing market in the Inland Empire…
Point is: they are not the only loans to go under. Many of these sub-prime loans were taken by people who were young and seen a method to obtain a first home.
I believe the movie "The Devil's Advocate" states that pride gets them everytime…earlier he knew to use greed to lure individuals – commonly part of his or her own "lusts." Yes, greed did play a part in many of the decisions to get involved as it does the desire to hit the lotto in many individuals intent in purchasing a ticket – still boils down to greed.
As far as blaming these con-artists (if I may), I believe it was more a point of keep other individuals from entering into the same situation to which they had entered. For example – the Heath case and many others that are yet unknown.
According to the articles, these con-artists are still practicing their arts.
Folks who participated in this scheme inevitable were part of the process to artificially inflate RE. As is everyone else who took out easy money/interest only subprime and who really could afford to make ends meet, as well as banks,government, etc who loosened lending standards so much. ALL guilty as charged.
May I remind you that the original purpose of this thread was to report what happened to ocrenter's blog, and has since then been hijacked to talk about what happened in riverside? Shall I remind everyone how it was hijacked?
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
February 28, 2008 at 9:00 PM #162622
Anonymous
GuestCorrect – however, I recall reading in an earlier posting that someone was blaming these individuals for the fall of the housing market in the Inland Empire…
Point is: they are not the only loans to go under. Many of these sub-prime loans were taken by people who were young and seen a method to obtain a first home.
I believe the movie “The Devil’s Advocate” states that pride gets them everytime…earlier he knew to use greed to lure individuals – commonly part of his or her own “lusts.” Yes, greed did play a part in many of the decisions to get involved as it does the desire to hit the lotto in many individuals intent in purchasing a ticket – still boils down to greed.
As far as blaming these con-artists (if I may), I believe it was more a point of keep other individuals from entering into the same situation to which they had entered. For example – the Heath case and many others that are yet unknown.
According to the articles, these con-artists are still practicing their arts.
R/
ERADICATOR -
February 28, 2008 at 9:00 PM #162638
Anonymous
GuestCorrect – however, I recall reading in an earlier posting that someone was blaming these individuals for the fall of the housing market in the Inland Empire…
Point is: they are not the only loans to go under. Many of these sub-prime loans were taken by people who were young and seen a method to obtain a first home.
I believe the movie “The Devil’s Advocate” states that pride gets them everytime…earlier he knew to use greed to lure individuals – commonly part of his or her own “lusts.” Yes, greed did play a part in many of the decisions to get involved as it does the desire to hit the lotto in many individuals intent in purchasing a ticket – still boils down to greed.
As far as blaming these con-artists (if I may), I believe it was more a point of keep other individuals from entering into the same situation to which they had entered. For example – the Heath case and many others that are yet unknown.
According to the articles, these con-artists are still practicing their arts.
R/
ERADICATOR -
February 28, 2008 at 9:00 PM #162655
Anonymous
GuestCorrect – however, I recall reading in an earlier posting that someone was blaming these individuals for the fall of the housing market in the Inland Empire…
Point is: they are not the only loans to go under. Many of these sub-prime loans were taken by people who were young and seen a method to obtain a first home.
I believe the movie “The Devil’s Advocate” states that pride gets them everytime…earlier he knew to use greed to lure individuals – commonly part of his or her own “lusts.” Yes, greed did play a part in many of the decisions to get involved as it does the desire to hit the lotto in many individuals intent in purchasing a ticket – still boils down to greed.
As far as blaming these con-artists (if I may), I believe it was more a point of keep other individuals from entering into the same situation to which they had entered. For example – the Heath case and many others that are yet unknown.
According to the articles, these con-artists are still practicing their arts.
R/
ERADICATOR -
February 28, 2008 at 9:00 PM #162726
Anonymous
GuestCorrect – however, I recall reading in an earlier posting that someone was blaming these individuals for the fall of the housing market in the Inland Empire…
Point is: they are not the only loans to go under. Many of these sub-prime loans were taken by people who were young and seen a method to obtain a first home.
I believe the movie “The Devil’s Advocate” states that pride gets them everytime…earlier he knew to use greed to lure individuals – commonly part of his or her own “lusts.” Yes, greed did play a part in many of the decisions to get involved as it does the desire to hit the lotto in many individuals intent in purchasing a ticket – still boils down to greed.
As far as blaming these con-artists (if I may), I believe it was more a point of keep other individuals from entering into the same situation to which they had entered. For example – the Heath case and many others that are yet unknown.
According to the articles, these con-artists are still practicing their arts.
R/
ERADICATOR -
February 28, 2008 at 11:19 AM #162228
Coronita
ParticipantWho here can say he or she has not lost in investments…
most have a 401K – market isn't great
dollar is dropping in comparision to other countriesYes, but most of us aren't blaming others for our decisions and greed.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
February 28, 2008 at 11:19 AM #162242
Coronita
ParticipantWho here can say he or she has not lost in investments…
most have a 401K – market isn't great
dollar is dropping in comparision to other countriesYes, but most of us aren't blaming others for our decisions and greed.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
February 28, 2008 at 11:19 AM #162260
Coronita
ParticipantWho here can say he or she has not lost in investments…
most have a 401K – market isn't great
dollar is dropping in comparision to other countriesYes, but most of us aren't blaming others for our decisions and greed.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
February 28, 2008 at 11:19 AM #162329
Coronita
ParticipantWho here can say he or she has not lost in investments…
most have a 401K – market isn't great
dollar is dropping in comparision to other countriesYes, but most of us aren't blaming others for our decisions and greed.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
February 28, 2008 at 11:23 AM #161942
Anonymous
GuestSDR…
Huge case for sure….lots of media attention.
I hope that you get a good return on your lost investment.
Ours isn’t that big and doesn’t attract national attention…no alternative for us but to ‘get scrappy’ and fight hard.
If you read the SEC litigation releases…it becomes obvious that so many all over the country fall prey to crooks in all shapes, sizes, and cons. Everyones’ story is different, but at the very heart we are all victims of some kind of crook.
How do we get the word out so that the tide of people being victimized stops rising? -
February 28, 2008 at 11:31 AM #161947
Anonymous
GuestWe weren’t trying to draw parallels.
Just point out that OCRenter has a very sharp edge to him and maybe it needs to be softened a tad.
He has made some very ugly comments on this blog and his own…when you go out on a limb that far…eventually it will break.
I personally don’t understand his ugliness toward us. It is very misdirected.
Let’s put that anger to better use in educating others not to make the same mistake instead of flinging mud.And yes…we have picketed in front of the Riverside courthouse a few times.
-
February 28, 2008 at 11:40 AM #161957
patientlywaiting
ParticipantOCrenter sure knows his stuff. 🙂
Pinoy is a term of endearment and is rarely used in formal settings. The term is akin to that of a nickname which is used by close family members and friends so that one who uses it somehow already developed some close ties with Filipinos.
http://en.wikipedia.org/wiki/PinoyJeepney are “buses” in the Philipines
http://en.wikipedia.org/wiki/Jeepney -
February 28, 2008 at 11:56 AM #161972
Anonymous
GuestPW..
As in everything…it’s always a matter of Perception and who’s company you are in.
Some slang is okay when used w/i the minority group itself…an outsider using the same slang is frowned upon. -
February 28, 2008 at 12:15 PM #161982
ocrenter
Participant“Pinoy is a term of endearment and is rarely used in formal settings.”
I was very endearing when I said it this morning. =)
-
February 28, 2008 at 9:03 PM #162332
Anonymous
GuestOC, you have a tender spot….
R/
ERADICATOR -
February 28, 2008 at 9:03 PM #162627
Anonymous
GuestOC, you have a tender spot….
R/
ERADICATOR -
February 28, 2008 at 9:03 PM #162642
Anonymous
GuestOC, you have a tender spot….
R/
ERADICATOR -
February 28, 2008 at 9:03 PM #162659
Anonymous
GuestOC, you have a tender spot….
R/
ERADICATOR -
February 28, 2008 at 9:03 PM #162731
Anonymous
GuestOC, you have a tender spot….
R/
ERADICATOR -
February 28, 2008 at 12:15 PM #162275
ocrenter
Participant“Pinoy is a term of endearment and is rarely used in formal settings.”
I was very endearing when I said it this morning. =)
-
February 28, 2008 at 12:15 PM #162293
ocrenter
Participant“Pinoy is a term of endearment and is rarely used in formal settings.”
I was very endearing when I said it this morning. =)
-
February 28, 2008 at 12:15 PM #162312
ocrenter
Participant“Pinoy is a term of endearment and is rarely used in formal settings.”
I was very endearing when I said it this morning. =)
-
February 28, 2008 at 12:15 PM #162379
ocrenter
Participant“Pinoy is a term of endearment and is rarely used in formal settings.”
I was very endearing when I said it this morning. =)
-
February 28, 2008 at 11:56 AM #162268
Anonymous
GuestPW..
As in everything…it’s always a matter of Perception and who’s company you are in.
Some slang is okay when used w/i the minority group itself…an outsider using the same slang is frowned upon. -
February 28, 2008 at 11:56 AM #162283
Anonymous
GuestPW..
As in everything…it’s always a matter of Perception and who’s company you are in.
Some slang is okay when used w/i the minority group itself…an outsider using the same slang is frowned upon. -
February 28, 2008 at 11:56 AM #162302
Anonymous
GuestPW..
As in everything…it’s always a matter of Perception and who’s company you are in.
Some slang is okay when used w/i the minority group itself…an outsider using the same slang is frowned upon. -
February 28, 2008 at 11:56 AM #162369
Anonymous
GuestPW..
As in everything…it’s always a matter of Perception and who’s company you are in.
Some slang is okay when used w/i the minority group itself…an outsider using the same slang is frowned upon. -
February 28, 2008 at 11:40 AM #162253
patientlywaiting
ParticipantOCrenter sure knows his stuff. 🙂
Pinoy is a term of endearment and is rarely used in formal settings. The term is akin to that of a nickname which is used by close family members and friends so that one who uses it somehow already developed some close ties with Filipinos.
http://en.wikipedia.org/wiki/PinoyJeepney are “buses” in the Philipines
http://en.wikipedia.org/wiki/Jeepney -
February 28, 2008 at 11:40 AM #162266
patientlywaiting
ParticipantOCrenter sure knows his stuff. 🙂
Pinoy is a term of endearment and is rarely used in formal settings. The term is akin to that of a nickname which is used by close family members and friends so that one who uses it somehow already developed some close ties with Filipinos.
http://en.wikipedia.org/wiki/PinoyJeepney are “buses” in the Philipines
http://en.wikipedia.org/wiki/Jeepney -
February 28, 2008 at 11:40 AM #162287
patientlywaiting
ParticipantOCrenter sure knows his stuff. 🙂
Pinoy is a term of endearment and is rarely used in formal settings. The term is akin to that of a nickname which is used by close family members and friends so that one who uses it somehow already developed some close ties with Filipinos.
http://en.wikipedia.org/wiki/PinoyJeepney are “buses” in the Philipines
http://en.wikipedia.org/wiki/Jeepney -
February 28, 2008 at 11:40 AM #162354
patientlywaiting
ParticipantOCrenter sure knows his stuff. 🙂
Pinoy is a term of endearment and is rarely used in formal settings. The term is akin to that of a nickname which is used by close family members and friends so that one who uses it somehow already developed some close ties with Filipinos.
http://en.wikipedia.org/wiki/PinoyJeepney are “buses” in the Philipines
http://en.wikipedia.org/wiki/Jeepney -
February 28, 2008 at 11:49 AM #161962
Coronita
ParticipantWe weren't trying to draw parallels.
um…… And I quote coreclient:
I guess your bully tactics, disrespectfulness and ignorance has finally caught up with you. I guess it serves you right, how’s that feel….Oh maybe you deserved to go to jail just like all these so call coreclient victims.
How’s it feel to get kicked in the nuts when you are down?
Look,
It's sad you folks fell for a con. It sucks, just like it sucks for everyone else who fell for something at one point or the other.
BUT, short of winning a lottery, there are no quick buck schemes. If it takes a tradeshow or mass showing tell you about making a quick buck that's so easy, it's a scam. Because if it's really that easy, everyone would have already done it, making that not-so-easy. We live in age with near-perfect-instantaneous information. Making money "easily" days is over.
It boggles my mind how many people pay good money to attend things from the "learning annex" that features motivational speakers, financial speak, etc from people like Guy Kawasaki and Trump. Do people really think those infomercials are really going to help anyone besides wealth transfers from the crowd to the guest speakers????
 But, I'm going to start giving a motivational seminar: "How to Think on Your own". In the seminar we will teach and train you on how you can think on your own. Exercises will be based of motivational speakers forcing you to think the way we think to think on your own.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
February 28, 2008 at 9:09 PM #162337
Anonymous
GuestEven Trump has come close or filed BK on various businesses in the past
R/
ERADICATOR -
February 28, 2008 at 10:20 PM #162352
Coronita
ParticipantEven Trump has come close or filed BK on various businesses in the past
R/
ERADICATORUm… Read the fine print. Bankruptcy has been around trump's businesses and less so of his personal fortunes..
You don't get it do you? For someone like Trump, bankruptcy doesn't mean disaster. It's can (and has been played out) as leverage. You forget one very key point.
If you or I go bankrupt with $10k or $100k or even $1million owed to the creditors, who's problem is it?
Answer: yours and mine.
However, if someone like trump goes bankrupt with hundreds of millions owed to the creditors, who's problem is it?
Answer: Yup, the creditors. Creditors didn't let trump's biz go bankrupt, because of the sheer size of the debt would have had drastic repurcussions. hence they bailed him out by restructuring trump business' debt.
For average joe individually, banks do give a rats ass, because we're such a small potato. In this environment though with the RE markets, it's a different story, not because of each individual matter to the bank, it's just because the sheer amount of trouble across so many people, banks have no choice but to shore things up. And frankly the problem right now isn't really the banks problem anymore…It's the government's.
Similarly, you could even make a case that the US government's debt is so unwieldy and unmanageable, it's really not our problem alone anymore.Â
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
February 28, 2008 at 10:20 PM #162647
Coronita
ParticipantEven Trump has come close or filed BK on various businesses in the past
R/
ERADICATORUm… Read the fine print. Bankruptcy has been around trump's businesses and less so of his personal fortunes..
You don't get it do you? For someone like Trump, bankruptcy doesn't mean disaster. It's can (and has been played out) as leverage. You forget one very key point.
If you or I go bankrupt with $10k or $100k or even $1million owed to the creditors, who's problem is it?
Answer: yours and mine.
However, if someone like trump goes bankrupt with hundreds of millions owed to the creditors, who's problem is it?
Answer: Yup, the creditors. Creditors didn't let trump's biz go bankrupt, because of the sheer size of the debt would have had drastic repurcussions. hence they bailed him out by restructuring trump business' debt.
For average joe individually, banks do give a rats ass, because we're such a small potato. In this environment though with the RE markets, it's a different story, not because of each individual matter to the bank, it's just because the sheer amount of trouble across so many people, banks have no choice but to shore things up. And frankly the problem right now isn't really the banks problem anymore…It's the government's.
Similarly, you could even make a case that the US government's debt is so unwieldy and unmanageable, it's really not our problem alone anymore.Â
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
February 28, 2008 at 10:20 PM #162663
Coronita
ParticipantEven Trump has come close or filed BK on various businesses in the past
R/
ERADICATORUm… Read the fine print. Bankruptcy has been around trump's businesses and less so of his personal fortunes..
You don't get it do you? For someone like Trump, bankruptcy doesn't mean disaster. It's can (and has been played out) as leverage. You forget one very key point.
If you or I go bankrupt with $10k or $100k or even $1million owed to the creditors, who's problem is it?
Answer: yours and mine.
However, if someone like trump goes bankrupt with hundreds of millions owed to the creditors, who's problem is it?
Answer: Yup, the creditors. Creditors didn't let trump's biz go bankrupt, because of the sheer size of the debt would have had drastic repurcussions. hence they bailed him out by restructuring trump business' debt.
For average joe individually, banks do give a rats ass, because we're such a small potato. In this environment though with the RE markets, it's a different story, not because of each individual matter to the bank, it's just because the sheer amount of trouble across so many people, banks have no choice but to shore things up. And frankly the problem right now isn't really the banks problem anymore…It's the government's.
Similarly, you could even make a case that the US government's debt is so unwieldy and unmanageable, it's really not our problem alone anymore.Â
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
February 28, 2008 at 10:20 PM #162681
Coronita
ParticipantEven Trump has come close or filed BK on various businesses in the past
R/
ERADICATORUm… Read the fine print. Bankruptcy has been around trump's businesses and less so of his personal fortunes..
You don't get it do you? For someone like Trump, bankruptcy doesn't mean disaster. It's can (and has been played out) as leverage. You forget one very key point.
If you or I go bankrupt with $10k or $100k or even $1million owed to the creditors, who's problem is it?
Answer: yours and mine.
However, if someone like trump goes bankrupt with hundreds of millions owed to the creditors, who's problem is it?
Answer: Yup, the creditors. Creditors didn't let trump's biz go bankrupt, because of the sheer size of the debt would have had drastic repurcussions. hence they bailed him out by restructuring trump business' debt.
For average joe individually, banks do give a rats ass, because we're such a small potato. In this environment though with the RE markets, it's a different story, not because of each individual matter to the bank, it's just because the sheer amount of trouble across so many people, banks have no choice but to shore things up. And frankly the problem right now isn't really the banks problem anymore…It's the government's.
Similarly, you could even make a case that the US government's debt is so unwieldy and unmanageable, it's really not our problem alone anymore.Â
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
February 28, 2008 at 10:20 PM #162751
Coronita
ParticipantEven Trump has come close or filed BK on various businesses in the past
R/
ERADICATORUm… Read the fine print. Bankruptcy has been around trump's businesses and less so of his personal fortunes..
You don't get it do you? For someone like Trump, bankruptcy doesn't mean disaster. It's can (and has been played out) as leverage. You forget one very key point.
If you or I go bankrupt with $10k or $100k or even $1million owed to the creditors, who's problem is it?
Answer: yours and mine.
However, if someone like trump goes bankrupt with hundreds of millions owed to the creditors, who's problem is it?
Answer: Yup, the creditors. Creditors didn't let trump's biz go bankrupt, because of the sheer size of the debt would have had drastic repurcussions. hence they bailed him out by restructuring trump business' debt.
For average joe individually, banks do give a rats ass, because we're such a small potato. In this environment though with the RE markets, it's a different story, not because of each individual matter to the bank, it's just because the sheer amount of trouble across so many people, banks have no choice but to shore things up. And frankly the problem right now isn't really the banks problem anymore…It's the government's.
Similarly, you could even make a case that the US government's debt is so unwieldy and unmanageable, it's really not our problem alone anymore.Â
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
February 28, 2008 at 9:09 PM #162633
Anonymous
GuestEven Trump has come close or filed BK on various businesses in the past
R/
ERADICATOR -
February 28, 2008 at 9:09 PM #162648
Anonymous
GuestEven Trump has come close or filed BK on various businesses in the past
R/
ERADICATOR -
February 28, 2008 at 9:09 PM #162664
Anonymous
GuestEven Trump has come close or filed BK on various businesses in the past
R/
ERADICATOR -
February 28, 2008 at 9:09 PM #162736
Anonymous
GuestEven Trump has come close or filed BK on various businesses in the past
R/
ERADICATOR -
February 28, 2008 at 11:49 AM #162258
Coronita
ParticipantWe weren't trying to draw parallels.
um…… And I quote coreclient:
I guess your bully tactics, disrespectfulness and ignorance has finally caught up with you. I guess it serves you right, how’s that feel….Oh maybe you deserved to go to jail just like all these so call coreclient victims.
How’s it feel to get kicked in the nuts when you are down?
Look,
It's sad you folks fell for a con. It sucks, just like it sucks for everyone else who fell for something at one point or the other.
BUT, short of winning a lottery, there are no quick buck schemes. If it takes a tradeshow or mass showing tell you about making a quick buck that's so easy, it's a scam. Because if it's really that easy, everyone would have already done it, making that not-so-easy. We live in age with near-perfect-instantaneous information. Making money "easily" days is over.
It boggles my mind how many people pay good money to attend things from the "learning annex" that features motivational speakers, financial speak, etc from people like Guy Kawasaki and Trump. Do people really think those infomercials are really going to help anyone besides wealth transfers from the crowd to the guest speakers????
 But, I'm going to start giving a motivational seminar: "How to Think on Your own". In the seminar we will teach and train you on how you can think on your own. Exercises will be based of motivational speakers forcing you to think the way we think to think on your own.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
February 28, 2008 at 11:49 AM #162273
Coronita
ParticipantWe weren't trying to draw parallels.
um…… And I quote coreclient:
I guess your bully tactics, disrespectfulness and ignorance has finally caught up with you. I guess it serves you right, how’s that feel….Oh maybe you deserved to go to jail just like all these so call coreclient victims.
How’s it feel to get kicked in the nuts when you are down?
Look,
It's sad you folks fell for a con. It sucks, just like it sucks for everyone else who fell for something at one point or the other.
BUT, short of winning a lottery, there are no quick buck schemes. If it takes a tradeshow or mass showing tell you about making a quick buck that's so easy, it's a scam. Because if it's really that easy, everyone would have already done it, making that not-so-easy. We live in age with near-perfect-instantaneous information. Making money "easily" days is over.
It boggles my mind how many people pay good money to attend things from the "learning annex" that features motivational speakers, financial speak, etc from people like Guy Kawasaki and Trump. Do people really think those infomercials are really going to help anyone besides wealth transfers from the crowd to the guest speakers????
 But, I'm going to start giving a motivational seminar: "How to Think on Your own". In the seminar we will teach and train you on how you can think on your own. Exercises will be based of motivational speakers forcing you to think the way we think to think on your own.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
February 28, 2008 at 11:49 AM #162292
Coronita
ParticipantWe weren't trying to draw parallels.
um…… And I quote coreclient:
I guess your bully tactics, disrespectfulness and ignorance has finally caught up with you. I guess it serves you right, how’s that feel….Oh maybe you deserved to go to jail just like all these so call coreclient victims.
How’s it feel to get kicked in the nuts when you are down?
Look,
It's sad you folks fell for a con. It sucks, just like it sucks for everyone else who fell for something at one point or the other.
BUT, short of winning a lottery, there are no quick buck schemes. If it takes a tradeshow or mass showing tell you about making a quick buck that's so easy, it's a scam. Because if it's really that easy, everyone would have already done it, making that not-so-easy. We live in age with near-perfect-instantaneous information. Making money "easily" days is over.
It boggles my mind how many people pay good money to attend things from the "learning annex" that features motivational speakers, financial speak, etc from people like Guy Kawasaki and Trump. Do people really think those infomercials are really going to help anyone besides wealth transfers from the crowd to the guest speakers????
 But, I'm going to start giving a motivational seminar: "How to Think on Your own". In the seminar we will teach and train you on how you can think on your own. Exercises will be based of motivational speakers forcing you to think the way we think to think on your own.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
February 28, 2008 at 11:49 AM #162359
Coronita
ParticipantWe weren't trying to draw parallels.
um…… And I quote coreclient:
I guess your bully tactics, disrespectfulness and ignorance has finally caught up with you. I guess it serves you right, how’s that feel….Oh maybe you deserved to go to jail just like all these so call coreclient victims.
How’s it feel to get kicked in the nuts when you are down?
Look,
It's sad you folks fell for a con. It sucks, just like it sucks for everyone else who fell for something at one point or the other.
BUT, short of winning a lottery, there are no quick buck schemes. If it takes a tradeshow or mass showing tell you about making a quick buck that's so easy, it's a scam. Because if it's really that easy, everyone would have already done it, making that not-so-easy. We live in age with near-perfect-instantaneous information. Making money "easily" days is over.
It boggles my mind how many people pay good money to attend things from the "learning annex" that features motivational speakers, financial speak, etc from people like Guy Kawasaki and Trump. Do people really think those infomercials are really going to help anyone besides wealth transfers from the crowd to the guest speakers????
 But, I'm going to start giving a motivational seminar: "How to Think on Your own". In the seminar we will teach and train you on how you can think on your own. Exercises will be based of motivational speakers forcing you to think the way we think to think on your own.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
February 28, 2008 at 11:31 AM #162243
Anonymous
GuestWe weren’t trying to draw parallels.
Just point out that OCRenter has a very sharp edge to him and maybe it needs to be softened a tad.
He has made some very ugly comments on this blog and his own…when you go out on a limb that far…eventually it will break.
I personally don’t understand his ugliness toward us. It is very misdirected.
Let’s put that anger to better use in educating others not to make the same mistake instead of flinging mud.And yes…we have picketed in front of the Riverside courthouse a few times.
-
February 28, 2008 at 11:31 AM #162256
Anonymous
GuestWe weren’t trying to draw parallels.
Just point out that OCRenter has a very sharp edge to him and maybe it needs to be softened a tad.
He has made some very ugly comments on this blog and his own…when you go out on a limb that far…eventually it will break.
I personally don’t understand his ugliness toward us. It is very misdirected.
Let’s put that anger to better use in educating others not to make the same mistake instead of flinging mud.And yes…we have picketed in front of the Riverside courthouse a few times.
-
February 28, 2008 at 11:31 AM #162277
Anonymous
GuestWe weren’t trying to draw parallels.
Just point out that OCRenter has a very sharp edge to him and maybe it needs to be softened a tad.
He has made some very ugly comments on this blog and his own…when you go out on a limb that far…eventually it will break.
I personally don’t understand his ugliness toward us. It is very misdirected.
Let’s put that anger to better use in educating others not to make the same mistake instead of flinging mud.And yes…we have picketed in front of the Riverside courthouse a few times.
-
February 28, 2008 at 11:31 AM #162344
Anonymous
GuestWe weren’t trying to draw parallels.
Just point out that OCRenter has a very sharp edge to him and maybe it needs to be softened a tad.
He has made some very ugly comments on this blog and his own…when you go out on a limb that far…eventually it will break.
I personally don’t understand his ugliness toward us. It is very misdirected.
Let’s put that anger to better use in educating others not to make the same mistake instead of flinging mud.And yes…we have picketed in front of the Riverside courthouse a few times.
-
February 28, 2008 at 11:37 AM #161952
SD Realtor
Participant“How do we get the word out so that the tide of people being victimized stops rising?”
I don’t think you can…
Think about it… cons prey on peoples base instinct of greed. Yes there are many who prey on the elderly and such but that is not anything we can prevent because the elderly and others are usually running through their own lives in a diminished capacity intellectually.
All you can do is to be prudent OR to acknowledge the risk and invest the appropriate amount of money knowing that the money can in all likelihood fly away.
Cons will ALWAYS be around…white collar, blue collar, whatever. They will take all sorts of shapes and forms. You are waging a battle against yours and that is great. There is no argument that you guys were swindled. Yet the argument I think that FLU and others were making to Core Client, (and I had even chimed in) was that even without the criminal element, the base instinct that drove the purchases was one of being able to take advantage of a speculative housing market.
Also there are plenty of people who are not ever the victims of some kind of crook. Lots of them. They just never give into the greed instinct. However no risk and no reward correct? Anyways in your personal case you did admit it was greed and yes it does suck that you guys were shiestered.
SD Realtor
-
February 28, 2008 at 3:46 PM #162132
svelte
ParticipantYet the argument I think that FLU and others were making to Core Client, was that … the base instinct that drove the purchases was one of being able to take advantage of a speculative housing market.
Ahhhh, but here’s the rub that nobody seems to bring up around here.
If buying a home in 03 to 05 to capture speculative home price increases was “taking advantage of” the market, then selling a home in 05 to 06 and renting for a few years to permanently capture those speculative home price increases is also “taking advantage of” the market and is just as wrong!!
Think about it.
(my opinion: neither is wrong in a free market economy. But if you think one is wrong, you’re pretty much backed into thinking the other is wrong too!)
-
February 28, 2008 at 5:08 PM #162177
Coronita
ParticipantAhhhh, but here's the rub that nobody seems to bring up around here.
If buying a home in 03 to 05 to capture speculative home price increases was "taking advantage of" the market, then selling a home in 05 to 06 and renting for a few years to permanently capture those speculative home price increases is also "taking advantage of" the market and is just as wrong!!
Think about it.
(my opinion: neither is wrong in a free market economy. But if you think one is wrong, you're pretty much backed into thinking the other is wrong too!)
Talking just strictly about speculation (not fraud). There is nothing wrong with speculation. And I would even argue greed isn't good if it's a motivation. THE point was as with everything….speculation has risks. If you're going to speculate on returns that seem above normal, there's got to be some risk, otherwise other people would be doing it….The issue that you hear time and time again is that people who took risk are now having a difficult time coming to terms when this go south. It's really no different from all those people who lose put all their money in the company's stock for which they work for. Yes, there is speculation if a CEO tells you that we're going to kick butt in the future. BUT you're really taking a huge risk by putting all your 401k into your company stock, buying additional shares with after tax dollars, etc. Just look what happened to those enron folks or those people at countrywide. Greed…No one was complaining when the stock was going through the roof. But when the crap hit the fan, and the stock tanks, everyone wants blood. People can't have it both ways.
FACT: SAFE investments give crappy returns. RISKY INVESTMENTS can yield high returns OR huge losses. As far as fraud. Yes it sucks. And no you can't completely prevent it. That's why if you're not sure about something, you can always say no. Why you would give a complete stranger power of attorney to move money to and from any of your accounts would be beyond me. If money needs to be moved, you do the moving.
As far as identity theft…We live in a society for which media constantly talk about identity theft, and ways to prevent it. There are plenty of vehicles to guard against id theft, and most of them are at no cost or low cost. I really hope those who have been subject to such crimes at least have learned now what you need to do to safeguard your identity. You know the common sense things such as you don't leave your door wide open in the middle of the night unlocked. and you don't leave your wallet outside in public view when you're not there.Your personal information is just as important. The fact the identity crime is growing faster than traditional bank robbing should give you a hit. It's far easier and more cost effective to steal people's identity than to physically rob a bank.
That's why I always recommend people getting a credit freeze. Costs $10 per credit agency, and well worth it. It's just far too easy for someone else to have your SSN.
BTW: if my memory serves me right. Whenever you sell a home, your SSN is on all the paperwork. And if I remember, that information was available to agents AND the person on the other side of the transaction (IE the buyer). When you rent, you're landlord will most likely require a credit check. Who's to say you should trust your ll?
I've attended quite a few "financial seminars"..And none of them have had any merits beyond them trying to sell you books,crap, spend on seminars, etc. They all start out about the same. It's a "free" training. Then they quickly tell you about their products/seminars/etc.
It even happens at the financial "management" firm. There was one company in Claremont that I attended. They entire premise was to get people to sell financial instruments to friends and relatives, similiar to a pyramid scheme. You bring in so many people/friends, and have them pay a fee to sell insurance, you get money from the fee and the insurance to sell. You had people who couldn't do basic math trying to sell variable annuities or worse buying variable annuities without really understanding what they are? I'm no genius, but considering I'm somewhat analytical, I couldn't even figure out some of the variable annuities terms and condition- so complicated. I'm sure they make sense for some people (IE rich people), but with the costs being so high, I couldn't figure out why technicians/assembly workers in that meeting who was having trouble making ends meet would buy a VAR.Â
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
-
February 28, 2008 at 5:09 PM #162201
Anonymous
GuestHere’s a link to the filed Complaint….it should answer many questions.
http://www.sec.gov/litigation/complaints/2008/comp20469.pdf -
February 28, 2008 at 5:35 PM #162216
nostradamus
ParticipantI looked at the complaint. Oh my goodness.
Oh page 10,
To invest with PWM, prospective investors had to adhere to PWM's "three rules," which required investors to (1) commit to a three year investment; (2) turn over all of their financial affairs to PWM; and (3) ask no questions of PWM management regarding the use of their funds or credit.
(2) Turn over all of their financial affairs with (3) no questions asked???
Did somebody bully you into doing this???
On page 13,
During the summer of 2006, PWM began applying for credit cards
and opening new lines of credit in the names of individual investors. Investors Were then contacted by a PWM representative, who directed the investor to draw down the maximum amount on all of the credit cards and to wire the funds to TRF or one of the Duncan Companies as an additional investment. Investors who questioned the wisdom of this strategy were told by, among others, McLeod, that PWM would stop making mortgage payments if they refused to cooperate.Did you ask questions at that point? If not, at what point did you begin to ask questions? When the media broke the story? When did you realize you were duped?
I can understand lazy portfolio investors not asking a fund manager too many questions then finding out their 401(k) was raided. There is SEC protection for that though. I can't understand letting someone handle all your financial affairs (1) NO QUESTIONS ASKED and (2) BY DRAWING DOWN FUNDS FROM A CREDIT CARD.
Seriously, I'm sorry it happened but the world is not always a friendly place and you have learned a valuable lesson. Perhaps church/military/other were not the best places to learn about the realities of mankind.
-
February 28, 2008 at 7:11 PM #162271
Anonymous
Guestnostradamus,
Your absolutely right, unfortunately arm chair quarterbacking doesn’t get us anywhere, hind sight is 20/20 and always the perfect vision but this is called an affinity scam using the Ponzi scheme.Until you understand how this fraud works it easy to point things out, but this happen for many of the victims over a long period time by people who thye trusted and once they have you sucked in it is hard to walk away. Especially when you are told, if you don’t cash the CC’s PWM will terminate you and your investment will be lost.
There are many folks still getting money from Duncan and company and would have to be dumb, deaf and blind not to know this is scam but are scared to lose everything, they are being feed small amounts of money to keep them from going BK and are told these are returns on their investment. Another reason they are not getting out they are being told that everything is legal; their attorneys are working with a few disgruntled clients. We are legitimate and you are getting returns on your investments. Your investment is locked for 3-5 years if you cash out you will take on heavy penalties or you will lose everything. Unfortunately when this happens it is to late. Good example of this scam is the Reed Slatkin case http://www.slatkinfraud.com/index.php
r/
cORE -
February 28, 2008 at 8:23 PM #162315
nostradamus
ParticipantYou’re right coreclient, armchair quarterbacking doesn’t accomplish anything. I’m just typing what I think. I’m not trying to trash you, rather just trying to get the whole story.
Thanks (to CbC as well) for sharing all this info btw, it’s definitely better for everyone to have this out there. Please do keep us updated on your case.
-
February 28, 2008 at 8:23 PM #162612
nostradamus
ParticipantYou’re right coreclient, armchair quarterbacking doesn’t accomplish anything. I’m just typing what I think. I’m not trying to trash you, rather just trying to get the whole story.
Thanks (to CbC as well) for sharing all this info btw, it’s definitely better for everyone to have this out there. Please do keep us updated on your case.
-
February 28, 2008 at 8:23 PM #162628
nostradamus
ParticipantYou’re right coreclient, armchair quarterbacking doesn’t accomplish anything. I’m just typing what I think. I’m not trying to trash you, rather just trying to get the whole story.
Thanks (to CbC as well) for sharing all this info btw, it’s definitely better for everyone to have this out there. Please do keep us updated on your case.
-
February 28, 2008 at 8:23 PM #162646
nostradamus
ParticipantYou’re right coreclient, armchair quarterbacking doesn’t accomplish anything. I’m just typing what I think. I’m not trying to trash you, rather just trying to get the whole story.
Thanks (to CbC as well) for sharing all this info btw, it’s definitely better for everyone to have this out there. Please do keep us updated on your case.
-
February 28, 2008 at 8:23 PM #162716
nostradamus
ParticipantYou’re right coreclient, armchair quarterbacking doesn’t accomplish anything. I’m just typing what I think. I’m not trying to trash you, rather just trying to get the whole story.
Thanks (to CbC as well) for sharing all this info btw, it’s definitely better for everyone to have this out there. Please do keep us updated on your case.
-
February 28, 2008 at 7:11 PM #162567
Anonymous
Guestnostradamus,
Your absolutely right, unfortunately arm chair quarterbacking doesn’t get us anywhere, hind sight is 20/20 and always the perfect vision but this is called an affinity scam using the Ponzi scheme.Until you understand how this fraud works it easy to point things out, but this happen for many of the victims over a long period time by people who thye trusted and once they have you sucked in it is hard to walk away. Especially when you are told, if you don’t cash the CC’s PWM will terminate you and your investment will be lost.
There are many folks still getting money from Duncan and company and would have to be dumb, deaf and blind not to know this is scam but are scared to lose everything, they are being feed small amounts of money to keep them from going BK and are told these are returns on their investment. Another reason they are not getting out they are being told that everything is legal; their attorneys are working with a few disgruntled clients. We are legitimate and you are getting returns on your investments. Your investment is locked for 3-5 years if you cash out you will take on heavy penalties or you will lose everything. Unfortunately when this happens it is to late. Good example of this scam is the Reed Slatkin case http://www.slatkinfraud.com/index.php
r/
cORE -
February 28, 2008 at 7:11 PM #162583
Anonymous
Guestnostradamus,
Your absolutely right, unfortunately arm chair quarterbacking doesn’t get us anywhere, hind sight is 20/20 and always the perfect vision but this is called an affinity scam using the Ponzi scheme.Until you understand how this fraud works it easy to point things out, but this happen for many of the victims over a long period time by people who thye trusted and once they have you sucked in it is hard to walk away. Especially when you are told, if you don’t cash the CC’s PWM will terminate you and your investment will be lost.
There are many folks still getting money from Duncan and company and would have to be dumb, deaf and blind not to know this is scam but are scared to lose everything, they are being feed small amounts of money to keep them from going BK and are told these are returns on their investment. Another reason they are not getting out they are being told that everything is legal; their attorneys are working with a few disgruntled clients. We are legitimate and you are getting returns on your investments. Your investment is locked for 3-5 years if you cash out you will take on heavy penalties or you will lose everything. Unfortunately when this happens it is to late. Good example of this scam is the Reed Slatkin case http://www.slatkinfraud.com/index.php
r/
cORE -
February 28, 2008 at 7:11 PM #162601
Anonymous
Guestnostradamus,
Your absolutely right, unfortunately arm chair quarterbacking doesn’t get us anywhere, hind sight is 20/20 and always the perfect vision but this is called an affinity scam using the Ponzi scheme.Until you understand how this fraud works it easy to point things out, but this happen for many of the victims over a long period time by people who thye trusted and once they have you sucked in it is hard to walk away. Especially when you are told, if you don’t cash the CC’s PWM will terminate you and your investment will be lost.
There are many folks still getting money from Duncan and company and would have to be dumb, deaf and blind not to know this is scam but are scared to lose everything, they are being feed small amounts of money to keep them from going BK and are told these are returns on their investment. Another reason they are not getting out they are being told that everything is legal; their attorneys are working with a few disgruntled clients. We are legitimate and you are getting returns on your investments. Your investment is locked for 3-5 years if you cash out you will take on heavy penalties or you will lose everything. Unfortunately when this happens it is to late. Good example of this scam is the Reed Slatkin case http://www.slatkinfraud.com/index.php
r/
cORE -
February 28, 2008 at 7:11 PM #162671
Anonymous
Guestnostradamus,
Your absolutely right, unfortunately arm chair quarterbacking doesn’t get us anywhere, hind sight is 20/20 and always the perfect vision but this is called an affinity scam using the Ponzi scheme.Until you understand how this fraud works it easy to point things out, but this happen for many of the victims over a long period time by people who thye trusted and once they have you sucked in it is hard to walk away. Especially when you are told, if you don’t cash the CC’s PWM will terminate you and your investment will be lost.
There are many folks still getting money from Duncan and company and would have to be dumb, deaf and blind not to know this is scam but are scared to lose everything, they are being feed small amounts of money to keep them from going BK and are told these are returns on their investment. Another reason they are not getting out they are being told that everything is legal; their attorneys are working with a few disgruntled clients. We are legitimate and you are getting returns on your investments. Your investment is locked for 3-5 years if you cash out you will take on heavy penalties or you will lose everything. Unfortunately when this happens it is to late. Good example of this scam is the Reed Slatkin case http://www.slatkinfraud.com/index.php
r/
cORE -
February 28, 2008 at 9:16 PM #162342
Anonymous
Guestnostradamus,
In agreement with your last statement, military and church is not the place to learn about the realities of mankind – I would like to add that these are not the places to join in investments either…remember the Crossroad scam in Corona, CA???? Con-artist prey upon the religious b/c they are trusting and forgiving individuals by teachings.Sucks – but true
R/
ERADICATOR -
February 28, 2008 at 9:16 PM #162637
Anonymous
Guestnostradamus,
In agreement with your last statement, military and church is not the place to learn about the realities of mankind – I would like to add that these are not the places to join in investments either…remember the Crossroad scam in Corona, CA???? Con-artist prey upon the religious b/c they are trusting and forgiving individuals by teachings.Sucks – but true
R/
ERADICATOR -
February 28, 2008 at 9:16 PM #162653
Anonymous
Guestnostradamus,
In agreement with your last statement, military and church is not the place to learn about the realities of mankind – I would like to add that these are not the places to join in investments either…remember the Crossroad scam in Corona, CA???? Con-artist prey upon the religious b/c they are trusting and forgiving individuals by teachings.Sucks – but true
R/
ERADICATOR -
February 28, 2008 at 9:16 PM #162670
Anonymous
Guestnostradamus,
In agreement with your last statement, military and church is not the place to learn about the realities of mankind – I would like to add that these are not the places to join in investments either…remember the Crossroad scam in Corona, CA???? Con-artist prey upon the religious b/c they are trusting and forgiving individuals by teachings.Sucks – but true
R/
ERADICATOR -
February 28, 2008 at 9:16 PM #162741
Anonymous
Guestnostradamus,
In agreement with your last statement, military and church is not the place to learn about the realities of mankind – I would like to add that these are not the places to join in investments either…remember the Crossroad scam in Corona, CA???? Con-artist prey upon the religious b/c they are trusting and forgiving individuals by teachings.Sucks – but true
R/
ERADICATOR -
February 28, 2008 at 10:32 PM #162347
Coronita
ParticipantSubmitted by nostradamus on February 28, 2008 – 6:35pm.I looked at the complaint. Oh my goodness.
(1) commit to a three year investment; (2) turn over all of their financial affairs to PWM; and (3) ask no questions of PWM management regarding the use of their funds or credit.During the summer of 2006, PWM began applying for credit cards and opening new lines of credit in the names of individual investors. Investors Were then contacted by a PWM representative, who directed the investor to draw down the maximum amount on all of the credit cards and to wire the funds to TRF or one of the Duncan Companies as an additional investment.
Coreclient and conned by crooks,
I have to admit I had the exact same reaction that Nostradamus had when i re-read the pdf. I didn't originally want to post, but since someone already has…I mean, we're not talking about you just taking say $5000, $10k, or even $100k, leaving it with a financial "advisor" and him/her cheat you out of the money you left that person. You folks let people take over every aspect of your financial life, essentially giving them like "power of attorney privileges" to do whatever the hell they wanted. This really befuddles me that #2 and #3 above in the pdf didn't set of any alarm bells?
Again, not pouring fuel over the fire, it's just that I dumbfounded that this was left wide open. I wish you good luck with your endeavors.
—– Sour grapes for everyone!
-
February 28, 2008 at 10:32 PM #162643
Coronita
ParticipantSubmitted by nostradamus on February 28, 2008 – 6:35pm.I looked at the complaint. Oh my goodness.
(1) commit to a three year investment; (2) turn over all of their financial affairs to PWM; and (3) ask no questions of PWM management regarding the use of their funds or credit.During the summer of 2006, PWM began applying for credit cards and opening new lines of credit in the names of individual investors. Investors Were then contacted by a PWM representative, who directed the investor to draw down the maximum amount on all of the credit cards and to wire the funds to TRF or one of the Duncan Companies as an additional investment.
Coreclient and conned by crooks,
I have to admit I had the exact same reaction that Nostradamus had when i re-read the pdf. I didn't originally want to post, but since someone already has…I mean, we're not talking about you just taking say $5000, $10k, or even $100k, leaving it with a financial "advisor" and him/her cheat you out of the money you left that person. You folks let people take over every aspect of your financial life, essentially giving them like "power of attorney privileges" to do whatever the hell they wanted. This really befuddles me that #2 and #3 above in the pdf didn't set of any alarm bells?
Again, not pouring fuel over the fire, it's just that I dumbfounded that this was left wide open. I wish you good luck with your endeavors.
—– Sour grapes for everyone!
-
February 28, 2008 at 10:32 PM #162658
Coronita
ParticipantSubmitted by nostradamus on February 28, 2008 – 6:35pm.I looked at the complaint. Oh my goodness.
(1) commit to a three year investment; (2) turn over all of their financial affairs to PWM; and (3) ask no questions of PWM management regarding the use of their funds or credit.During the summer of 2006, PWM began applying for credit cards and opening new lines of credit in the names of individual investors. Investors Were then contacted by a PWM representative, who directed the investor to draw down the maximum amount on all of the credit cards and to wire the funds to TRF or one of the Duncan Companies as an additional investment.
Coreclient and conned by crooks,
I have to admit I had the exact same reaction that Nostradamus had when i re-read the pdf. I didn't originally want to post, but since someone already has…I mean, we're not talking about you just taking say $5000, $10k, or even $100k, leaving it with a financial "advisor" and him/her cheat you out of the money you left that person. You folks let people take over every aspect of your financial life, essentially giving them like "power of attorney privileges" to do whatever the hell they wanted. This really befuddles me that #2 and #3 above in the pdf didn't set of any alarm bells?
Again, not pouring fuel over the fire, it's just that I dumbfounded that this was left wide open. I wish you good luck with your endeavors.
—– Sour grapes for everyone!
-
February 28, 2008 at 10:32 PM #162675
Coronita
ParticipantSubmitted by nostradamus on February 28, 2008 – 6:35pm.I looked at the complaint. Oh my goodness.
(1) commit to a three year investment; (2) turn over all of their financial affairs to PWM; and (3) ask no questions of PWM management regarding the use of their funds or credit.During the summer of 2006, PWM began applying for credit cards and opening new lines of credit in the names of individual investors. Investors Were then contacted by a PWM representative, who directed the investor to draw down the maximum amount on all of the credit cards and to wire the funds to TRF or one of the Duncan Companies as an additional investment.
Coreclient and conned by crooks,
I have to admit I had the exact same reaction that Nostradamus had when i re-read the pdf. I didn't originally want to post, but since someone already has…I mean, we're not talking about you just taking say $5000, $10k, or even $100k, leaving it with a financial "advisor" and him/her cheat you out of the money you left that person. You folks let people take over every aspect of your financial life, essentially giving them like "power of attorney privileges" to do whatever the hell they wanted. This really befuddles me that #2 and #3 above in the pdf didn't set of any alarm bells?
Again, not pouring fuel over the fire, it's just that I dumbfounded that this was left wide open. I wish you good luck with your endeavors.
—– Sour grapes for everyone!
-
February 28, 2008 at 10:32 PM #162746
Coronita
ParticipantSubmitted by nostradamus on February 28, 2008 – 6:35pm.I looked at the complaint. Oh my goodness.
(1) commit to a three year investment; (2) turn over all of their financial affairs to PWM; and (3) ask no questions of PWM management regarding the use of their funds or credit.During the summer of 2006, PWM began applying for credit cards and opening new lines of credit in the names of individual investors. Investors Were then contacted by a PWM representative, who directed the investor to draw down the maximum amount on all of the credit cards and to wire the funds to TRF or one of the Duncan Companies as an additional investment.
Coreclient and conned by crooks,
I have to admit I had the exact same reaction that Nostradamus had when i re-read the pdf. I didn't originally want to post, but since someone already has…I mean, we're not talking about you just taking say $5000, $10k, or even $100k, leaving it with a financial "advisor" and him/her cheat you out of the money you left that person. You folks let people take over every aspect of your financial life, essentially giving them like "power of attorney privileges" to do whatever the hell they wanted. This really befuddles me that #2 and #3 above in the pdf didn't set of any alarm bells?
Again, not pouring fuel over the fire, it's just that I dumbfounded that this was left wide open. I wish you good luck with your endeavors.
—– Sour grapes for everyone!
-
February 28, 2008 at 5:35 PM #162513
nostradamus
ParticipantI looked at the complaint. Oh my goodness.
Oh page 10,
To invest with PWM, prospective investors had to adhere to PWM's "three rules," which required investors to (1) commit to a three year investment; (2) turn over all of their financial affairs to PWM; and (3) ask no questions of PWM management regarding the use of their funds or credit.
(2) Turn over all of their financial affairs with (3) no questions asked???
Did somebody bully you into doing this???
On page 13,
During the summer of 2006, PWM began applying for credit cards
and opening new lines of credit in the names of individual investors. Investors Were then contacted by a PWM representative, who directed the investor to draw down the maximum amount on all of the credit cards and to wire the funds to TRF or one of the Duncan Companies as an additional investment. Investors who questioned the wisdom of this strategy were told by, among others, McLeod, that PWM would stop making mortgage payments if they refused to cooperate.Did you ask questions at that point? If not, at what point did you begin to ask questions? When the media broke the story? When did you realize you were duped?
I can understand lazy portfolio investors not asking a fund manager too many questions then finding out their 401(k) was raided. There is SEC protection for that though. I can't understand letting someone handle all your financial affairs (1) NO QUESTIONS ASKED and (2) BY DRAWING DOWN FUNDS FROM A CREDIT CARD.
Seriously, I'm sorry it happened but the world is not always a friendly place and you have learned a valuable lesson. Perhaps church/military/other were not the best places to learn about the realities of mankind.
-
February 28, 2008 at 5:35 PM #162527
nostradamus
ParticipantI looked at the complaint. Oh my goodness.
Oh page 10,
To invest with PWM, prospective investors had to adhere to PWM's "three rules," which required investors to (1) commit to a three year investment; (2) turn over all of their financial affairs to PWM; and (3) ask no questions of PWM management regarding the use of their funds or credit.
(2) Turn over all of their financial affairs with (3) no questions asked???
Did somebody bully you into doing this???
On page 13,
During the summer of 2006, PWM began applying for credit cards
and opening new lines of credit in the names of individual investors. Investors Were then contacted by a PWM representative, who directed the investor to draw down the maximum amount on all of the credit cards and to wire the funds to TRF or one of the Duncan Companies as an additional investment. Investors who questioned the wisdom of this strategy were told by, among others, McLeod, that PWM would stop making mortgage payments if they refused to cooperate.Did you ask questions at that point? If not, at what point did you begin to ask questions? When the media broke the story? When did you realize you were duped?
I can understand lazy portfolio investors not asking a fund manager too many questions then finding out their 401(k) was raided. There is SEC protection for that though. I can't understand letting someone handle all your financial affairs (1) NO QUESTIONS ASKED and (2) BY DRAWING DOWN FUNDS FROM A CREDIT CARD.
Seriously, I'm sorry it happened but the world is not always a friendly place and you have learned a valuable lesson. Perhaps church/military/other were not the best places to learn about the realities of mankind.
-
February 28, 2008 at 5:35 PM #162546
nostradamus
ParticipantI looked at the complaint. Oh my goodness.
Oh page 10,
To invest with PWM, prospective investors had to adhere to PWM's "three rules," which required investors to (1) commit to a three year investment; (2) turn over all of their financial affairs to PWM; and (3) ask no questions of PWM management regarding the use of their funds or credit.
(2) Turn over all of their financial affairs with (3) no questions asked???
Did somebody bully you into doing this???
On page 13,
During the summer of 2006, PWM began applying for credit cards
and opening new lines of credit in the names of individual investors. Investors Were then contacted by a PWM representative, who directed the investor to draw down the maximum amount on all of the credit cards and to wire the funds to TRF or one of the Duncan Companies as an additional investment. Investors who questioned the wisdom of this strategy were told by, among others, McLeod, that PWM would stop making mortgage payments if they refused to cooperate.Did you ask questions at that point? If not, at what point did you begin to ask questions? When the media broke the story? When did you realize you were duped?
I can understand lazy portfolio investors not asking a fund manager too many questions then finding out their 401(k) was raided. There is SEC protection for that though. I can't understand letting someone handle all your financial affairs (1) NO QUESTIONS ASKED and (2) BY DRAWING DOWN FUNDS FROM A CREDIT CARD.
Seriously, I'm sorry it happened but the world is not always a friendly place and you have learned a valuable lesson. Perhaps church/military/other were not the best places to learn about the realities of mankind.
-
February 28, 2008 at 5:35 PM #162614
nostradamus
ParticipantI looked at the complaint. Oh my goodness.
Oh page 10,
To invest with PWM, prospective investors had to adhere to PWM's "three rules," which required investors to (1) commit to a three year investment; (2) turn over all of their financial affairs to PWM; and (3) ask no questions of PWM management regarding the use of their funds or credit.
(2) Turn over all of their financial affairs with (3) no questions asked???
Did somebody bully you into doing this???
On page 13,
During the summer of 2006, PWM began applying for credit cards
and opening new lines of credit in the names of individual investors. Investors Were then contacted by a PWM representative, who directed the investor to draw down the maximum amount on all of the credit cards and to wire the funds to TRF or one of the Duncan Companies as an additional investment. Investors who questioned the wisdom of this strategy were told by, among others, McLeod, that PWM would stop making mortgage payments if they refused to cooperate.Did you ask questions at that point? If not, at what point did you begin to ask questions? When the media broke the story? When did you realize you were duped?
I can understand lazy portfolio investors not asking a fund manager too many questions then finding out their 401(k) was raided. There is SEC protection for that though. I can't understand letting someone handle all your financial affairs (1) NO QUESTIONS ASKED and (2) BY DRAWING DOWN FUNDS FROM A CREDIT CARD.
Seriously, I'm sorry it happened but the world is not always a friendly place and you have learned a valuable lesson. Perhaps church/military/other were not the best places to learn about the realities of mankind.
-
February 28, 2008 at 5:44 PM #162236
CricketOnTheHearth
ParticipantGranted, the statement that it was “a group of mostly Filipino nurses in Temecula” was neutral enough, and served for purposes of identifying the particular players in question.
However, the way in which “Pinoy”, “Pinay”, and “jeepney” were used seemed a bit harsh and condescending to me. Not that the words themselves are condescending, but it was the tone of voice… even an innocuous word like “Boy” can be grossly insulting in certain contexts.
I heartily agree with others who state that if the return is greater than normal, so must be the risk, despite what anyone tells you. Unfortunately, greed is a powerful impulse, especially when you are feeling “on the financial edge”– I’ve felt its twinges myself.
And sure, we are told ad infinitum from a plethora of sources that identity theft is out there and how to recognize someone attempting it.
But Conned By Crooks raises a good (and scary) point with his/her story: what if the outfit in question looks like a full-on, respectable bank or investment firm? We all give our personal information to banks– it’s part of doing business with them.
For this reason, and also for memories of the Savings and Loan Crisis etc, I don’t do business with any banking entity I haven’t been hearing about for years and years. There are some banks that have appeared in the buildings in downtown Rancho Bernardo that I’ve never heard of before. Fly by night? Maybe not but I wouldn’t be surprised.
And the sad part is, even the been-known-for-years names will con you too. I see stories about that in the financial news occasionally.
The very best present any bank ever gave me was, my employer’s credit union gave me a pamphlet containing a chart of the payment size per month for a full range of interest rates and loan periods. It covers everything from 2% interest for a year up to 22% interest for 40 years.
Thanks to this chart I know what a “sane” monthly payment looks like for a fixed 30-year mortgage (it is roughly $600/month for every $100,000 of loan, give or take $50 depending on interest rates). So of course I knew I couldn’t really afford these houses and didn’t even go out there where the wolves were fleecing the suckers. JBR for the past 10 years? You betcha! But I’m not getting foreclosed upon either, thank goodness.
>chirp<
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February 28, 2008 at 5:48 PM #162240
CricketOnTheHearth
ParticipantJust read Nostradamus’ comment.
Wow, and ow.
That was naiive.And I thought I was a sucker for believing the USPA & IRA salesman who drove a big white Cadillac, and losing $600 on a front-loaded mutual fund that was totally inappropriate for my investment desires.
Never, never, never let anyone but you handle your personal accounts. NEVER.
>chirp<
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February 28, 2008 at 6:10 PM #162246
atr
ParticipantAhhh, yes. The venerable USPA & IRA. We avoided investing with them, but not for lack of trying on their part. Are those people even still around? The front-load they described to us was $1000 bucks the first year. Ugh. What a crock.
In all things, whether real estate or investments, caveat emptor.
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February 28, 2008 at 6:47 PM #162257
Anonymous
GuestI admit, we fell for it. It was a hard sell and a lot of pressuring tho, and eventually we caved. The person who introduced us to the program was Very close to us, so that is how the ‘affinity fraud’ part worked. This same, close, family friend ended up on the PWM sales team…and it was her that called us to pull the cash off the cards. PWM had paid their commitment monthly…never gave us a reason to doubt until it January 07. We received a Fedex box full of Iraqi dinars with a bizarre note in it. We counted the dinars, did research on the net, and figured they shorted us. It was that evening that we accidentally found an article on the first law suit while surfing the net. At that time all the pieces of the puzzle, odd stories, excuses, lies, etc. made sense.
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February 28, 2008 at 7:01 PM #162262
Anonymous
GuestI wanted to point out that they had hijacked the name Pacific Wealth Management…which is a legitimate investment company. When that name was researched, voila’, a legitimate company.
They did the same thing with Coast Wealth Management and others…it was part of their M.O. -
February 28, 2008 at 7:01 PM #162558
Anonymous
GuestI wanted to point out that they had hijacked the name Pacific Wealth Management…which is a legitimate investment company. When that name was researched, voila’, a legitimate company.
They did the same thing with Coast Wealth Management and others…it was part of their M.O. -
February 28, 2008 at 7:01 PM #162573
Anonymous
GuestI wanted to point out that they had hijacked the name Pacific Wealth Management…which is a legitimate investment company. When that name was researched, voila’, a legitimate company.
They did the same thing with Coast Wealth Management and others…it was part of their M.O. -
February 28, 2008 at 7:01 PM #162591
Anonymous
GuestI wanted to point out that they had hijacked the name Pacific Wealth Management…which is a legitimate investment company. When that name was researched, voila’, a legitimate company.
They did the same thing with Coast Wealth Management and others…it was part of their M.O. -
February 28, 2008 at 7:01 PM #162661
Anonymous
GuestI wanted to point out that they had hijacked the name Pacific Wealth Management…which is a legitimate investment company. When that name was researched, voila’, a legitimate company.
They did the same thing with Coast Wealth Management and others…it was part of their M.O. -
February 28, 2008 at 6:47 PM #162553
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