More on the Temecula/Murrieta mass flop

[temeculaguy]

I’m having trouble following this thread, is there more than one person using coreclient’s screen name? One version tells of being taken for only 30k, but other posts on the same screen name it sounded like a couple of houses being foreclosed on. If it is the same person and you only lost 30k, you would have lost more than that if you had bought an investment property when you did and there was no fraud. Almost every person that bought a rental house between 2005 and 2006 in the Temecula Valley has lost a 100k, where there was no fraud, just because buying rental properties or houses as an investment at the peak turned out to be a bad move. That’s a lot of venom for 30k, many of us have lost that much at some point, myself included. Hell that’s less than the realtors fees on a median home. I thought it was 300 to 500k, something requiring bankruptcy to recover. Consider yourself lucky, learn from your mistakes, never invest in anything other than mutual funds or bonds unless you sepnd at least a year reading and learning about that particular investment and you will be fine financially in a few years. Life has a lot more calamities that will cost you more than 30k, a lot more. You can recover from a 30k loss with a few basic steps, live beneath your means for a year or two (house, cars, vacations, starbucks, etc.) and write off the loss in your taxes (uncle sam may subsidize 30% of your misfortune). I have been through life’s ups and downs financially and to be quite honest, lean years can be fun, some of my best times were lean times. I’ve driven a Mercedes with a giant payment and a 7 year old car that was paid off, in retrospect I had more pride and satisfaction in my paid off car, it’s all how you look at it.

[JWM in SD]

CORE,

You need to give it up already…you are not going to elicit sympathy here for being a fool with your money. Stop using this site as your personal forum.

Go Away Already!!!!!

[JWM in SD]

CORE,

You need to give it up already…you are not going to elicit sympathy here for being a fool with your money. Stop using this site as your personal forum.

Go Away Already!!!!!

[4plexowner]

Yes, go away – each of your posts is becoming more pathetic – you won’t start the recovery process until you get over your victim mentality

I won’t say that nobody here gives a F**K, because that isn’t true – but you have received as much sympathy as you are going to get

Me personally, you and your kind make me sick – it’s like you are running to mom for help after you started a fight with your brother and got your ass kicked

~

I was involved in real estate fraud at the tail end of the last cycle – a Robert Allen “Zero Down” seminar got me all excited about real estate – while shopping for property I met two con men – they led me down the primrose path but I was complicit all the way – they set me up with employment showing I made $140K – I was making less than $40K at the time – they created very realistic looking pay stubs and W-2s for the loan process – they had an office front setup to verify employment if anyone checked – I signed the documents for the first two deals they setup for me – they did two more deals with my signature forged – I owned two 45′ power boats in Newport Beach and never saw either one of them! – I didn’t even know I owned the boats until I saw my credit report – long story short: I ended up testifying in front of a grand jury about these two men – I was honest about my involvement and nobody chose to bring charges against me – by the time I testified at the grand jury, one of the two men had killed his wife and then committed suicide – the other one was long gone – none of the lawyers or investigators that I talked to thought the con man would be caught or that any of the ‘victims’ would receive any of their money back – a few months later I declared bankruptcy on my lawyer’s advice and started the process of getting on with my life (the bk made it less likely that any creditor would try to come after me to recover their losses)

coreclient – eventually you will realize that there is no cheese at the end of the path you are on – I hope for your sake that you don’t waste too much of your life trying to find the ‘justice’ that you seeking – life is too short

[4plexowner]

Yes, go away – each of your posts is becoming more pathetic – you won’t start the recovery process until you get over your victim mentality

I won’t say that nobody here gives a F**K, because that isn’t true – but you have received as much sympathy as you are going to get

Me personally, you and your kind make me sick – it’s like you are running to mom for help after you started a fight with your brother and got your ass kicked

~

I was involved in real estate fraud at the tail end of the last cycle – a Robert Allen “Zero Down” seminar got me all excited about real estate – while shopping for property I met two con men – they led me down the primrose path but I was complicit all the way – they set me up with employment showing I made $140K – I was making less than $40K at the time – they created very realistic looking pay stubs and W-2s for the loan process – they had an office front setup to verify employment if anyone checked – I signed the documents for the first two deals they setup for me – they did two more deals with my signature forged – I owned two 45′ power boats in Newport Beach and never saw either one of them! – I didn’t even know I owned the boats until I saw my credit report – long story short: I ended up testifying in front of a grand jury about these two men – I was honest about my involvement and nobody chose to bring charges against me – by the time I testified at the grand jury, one of the two men had killed his wife and then committed suicide – the other one was long gone – none of the lawyers or investigators that I talked to thought the con man would be caught or that any of the ‘victims’ would receive any of their money back – a few months later I declared bankruptcy on my lawyer’s advice and started the process of getting on with my life (the bk made it less likely that any creditor would try to come after me to recover their losses)

coreclient – eventually you will realize that there is no cheese at the end of the path you are on – I hope for your sake that you don’t waste too much of your life trying to find the ‘justice’ that you seeking – life is too short

[Author]

Posts