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20 records – page 1 of 1.

Documents reveal fraud case against Arcadia-based Gemcoin, a cryptocurrency investment scheme. The Securities and Exchange Commission's (SEC) ultimate goal is to make Gemcoin chief Steve Chen return alleged fraudulently acquired millions with interest, pay hefty fines, and ban him from the securities business.

https://arcadiahistory.andornot.com/en/permalink/newspaper34329
Newspaper
Arcadia Weekly
Date
October 8, 2015
Pages
p. 1, 16
More detail
Newspaper
Arcadia Weekly
Date
October 8, 2015
Pages
p. 1, 16
Subjects
Chen, Steve
Gemcoin (company)
United States Securities and Exchange Commission (SEC)
US Fine Investment Arts, Inc. (USFIA)
Wuo, John
Item ID
34522AN
Collection
Newspaper Index
Less detail

Arcadia Gem Coin mastermind Steve Chen sentenced to 10 years in prison. One of Arcadia’s largest financial scandals in 2015 involved cryptocurrency and a host of well-known public officials, including a former Arcadia mayor, for involvement in a Ponzi scheme that ultimately shut down the operations of the Arcadia business known as U.S. Fine Investment Arts, Inc. (USFIA).

https://arcadiahistory.andornot.com/en/permalink/newspaper35891
Newspaper
Arcadia Weekly
Date
January 14, 2021
Pages
p. 2
More detail
Newspaper
Arcadia Weekly
Date
January 14, 2021
Pages
p. 2
Subjects
Chen, Steve
Cryptocurrency
Gem Coin
US Fine Investment Arts, Inc. (USFIA)
Collection
Newspaper Index
Less detail

GemCoin ruled a pyramid scheme by federal judge.

https://arcadiahistory.andornot.com/en/permalink/newspaper34775
Newspaper
Arcadia Weekly
Date
January 5, 2017
Pages
p. 1, 11
More detail
Newspaper
Arcadia Weekly
Date
January 5, 2017
Pages
p. 1, 11
Subjects
Chen, Steve
Gemcoin
Ponzi scheme
Item ID
34966AN
Collection
Newspaper Index
Less detail

Federal receiver released report #2 saying there is no indication USFIA's Gemcoin was legitimate.

https://arcadiahistory.andornot.com/en/permalink/newspaper34493
Newspaper
Arcadia Weekly
Date
March 10, 2016
Pages
p. 1, 23
More detail
Newspaper
Arcadia Weekly
Date
March 10, 2016
Pages
p. 1, 23
Subjects
Chen, Steve
Fraud
Gemcoin (company)
Ponzi scheme
US Fine Investment Arts, Inc. (USFIA)
United States Securities and Exchange Commission (SEC)
Wuo, John
Item ID
34685AN
Collection
Newspaper Index
Less detail

Feds raid US Fine Investment Arts (USFIA) offices in Arcadia; Wuo's connections under more scrutiny.

https://arcadiahistory.andornot.com/en/permalink/newspaper34328
Newspaper
Arcadia Weekly
Date
October 1, 2015
Pages
p. 1, 16
More detail
Newspaper
Arcadia Weekly
Date
October 1, 2015
Pages
p. 1, 16
Subjects
Chen, Steve
Gemcoin (company)
United States Securities and Exchange Commission (SEC)
US Fine Investment Arts, Inc. (USFIA)
Wuo, John
Item ID
34521AN
Collection
Newspaper Index
Less detail

Thomas Seaman, investigator of alleged Gemcoin fraud, issues first report. It reveals mounting evidence of fraudulent activity by Arcadia businessman Steve Chen a.k.a. Li Chen or Chen Li, whose business was at 135 E. Live Oak Ave., currently in receivership.

https://arcadiahistory.andornot.com/en/permalink/newspaper34350
Newspaper
Arcadia Weekly
Date
November 26, 2015
Pages
p. 1, 16
More detail
Newspaper
Arcadia Weekly
Date
November 26, 2015
Pages
p. 1, 16
Subjects
Chen, Steve aka Li Chen or Chen Li
Chen, Mo
Gemcoin (company)
Seaman, Thomas
Zhao, Jennifer aka Li Zhao or Zhao Li
Item ID
34543AN
Collection
Newspaper Index
Less detail

Fair Political Practices Committee (FPPC) may fine Arcadia's disgraced former mayor John Wuo $2000 for his failure to report certain financial rewards from his participation in the now infamous Gemcoin scam.

https://arcadiahistory.andornot.com/en/permalink/newspaper34719
Newspaper
Arcadia Weekly
Date
November 17, 2016
Pages
p. 12
More detail
Newspaper
Arcadia Weekly
Date
November 17, 2016
Pages
p. 12
Subjects
Arcadia mayors
Fair Political Practices Committee (FPPC)
Gemcoin
Wuo, John
Item ID
34911AN
Collection
Newspaper Index
Less detail

Arcadia company Gemcoin, a digital currency or "cryptocurrency," has been using Arcadia City Councilman John Wuo's image on its website and marketing materials. John Wuo denies any endorsement of Gemcoin.

https://arcadiahistory.andornot.com/en/permalink/newspaper34234
Newspaper
Arcadia Weekly
Date
July 2, 2015
Pages
p. 1, 12, 13
More detail
Newspaper
Arcadia Weekly
Date
July 2, 2015
Pages
p. 1, 12, 13
Subjects
Allied Financial Group
Chen, Steve
Gemcoin
U.S. Fine Investment Arts
Wuo, John
Item ID
34428AN
Collection
Newspaper Index
Less detail

GemCoin (cryptocurrency, digital currency) investors share fraud concerns with Arcadia City Council. Councilman John Wuo declined to respond to accusations of wrongdoing and their call for his resignation from council. Former Arcadia council member Floretta Lauber defended John Wuo.

https://arcadiahistory.andornot.com/en/permalink/newspaper34322
Newspaper
Arcadia Weekly
Date
September 17, 2015
Pages
p. 1, 16, 17
More detail
Newspaper
Arcadia Weekly
Date
September 17, 2015
Pages
p. 1, 16, 17
Subjects
Arvizu, David
Gemcoin (company)
US Fine Investment Arts, Inc. (USFIA)
Wuo, John
Item ID
34516AN
Collection
Newspaper Index
Less detail

Colony Investors, a Los Angeles based real estate investment fund, will invest $138.3 million in the Santa Anita Companies.

https://arcadiahistory.andornot.com/en/permalink/newspaper25733
Newspaper
Arcadia Weekly
Date
August 22, 1996
Pages
p. 1
More detail
Newspaper
Arcadia Weekly
Date
August 22, 1996
Pages
p. 1
Subjects
Colony Investors
Santa Anita Companies
Item ID
25933AN
Collection
Newspaper Index
Less detail

Former TV finance analyst from Arcadia James Arthur McDonalds, Jr. charged with lying to investors about the health of his finance firm and failing to disclose massive losses incurred through risky investments following the onset of the COVID-19 pandemic. McDonald was CEO of Los Angeles-based Hercules Investments and Redondo Beach-based Index Strategy Advisors Inc. He is believed to be in hiding.

https://arcadiahistory.andornot.com/en/permalink/newspaper36342
Newspaper
Arcadia Weekly
Date
September 29, 2022
Pages
p. 15
More detail
Newspaper
Arcadia Weekly
Date
September 29, 2022
Pages
p. 15
Subjects
Crimes and criminals
Fraud
Hercules Investments
McDonald, James Arthur, Jr.
Collection
Newspaper Index
Less detail

Arcadia City Council proceeds with commercial zoning code update; John Wuo addresses Gemcoin controversy, saying he has no financial stake in Gemcoin.

https://arcadiahistory.andornot.com/en/permalink/newspaper34242
Newspaper
Arcadia Weekly
Date
July 23, 2015
Pages
p. 1, 13
More detail
Newspaper
Arcadia Weekly
Date
July 23, 2015
Pages
p. 1, 13
Subjects
Arcadia City Council-2010-2019
Arvizu, David
Burch, Tim
Gemcoin
Tong, Robert
Wuo, John
Zoning codes
Item ID
34436AN
Collection
Newspaper Index
Less detail

Arcadia Christian School student Andre Chen heads to the National Spelling Bee.

https://arcadiahistory.andornot.com/en/permalink/newspaper34867
Newspaper
Arcadia Weekly
Date
May 4, 2017
Pages
p. 1, 13
More detail
Newspaper
Arcadia Weekly
Date
May 4, 2017
Pages
p. 1, 13
Subjects
Chen, Andre
National Spelling Bee
Item ID
35057AN
Collection
Newspaper Index
Less detail

Hall of Fame jockey and Sierra Madre resident Gary Stevens is doing well after a fall that injured his lung and shoulders at the Arlington Million. Stevens, in his first acting role, starred as George "The Iceman" Woolf in the Universal film, Seabiscuit. Stevens has won the Santa Anita Derby.

https://arcadiahistory.andornot.com/en/permalink/newspaper31839
Newspaper
Arcadia Weekly
Date
August 21, 2003
Pages
p. 18
More detail
Newspaper
Arcadia Weekly
Date
August 21, 2003
Pages
p. 18
Subjects
Actors
Jockeys
Stevens, Gary
Item ID
32036AN
Collection
Newspaper Index
Less detail

Arcadia firefighters raise funds to help fight pediatric cancer. Arcadia firefighters have been involved with Saint Baldrick's Foundation for over 15 years, said Arcadia Fire Chief Chen Suen. Arcadia firefighters are shown in photo.

https://arcadiahistory.andornot.com/en/permalink/newspaper36658
Newspaper
Arcadia Weekly
Date
March 21, 2024
Pages
p. 23
More detail
Newspaper
Arcadia Weekly
Date
March 21, 2024
Pages
p. 23
Subjects
Arcadia firefighters
Cancer
Fundraisers
Suen, Chen
Collection
Newspaper Index
Less detail

California State Treasurer John Chiang and Arcadia leaders shower accolades at the groundbreaking of Le Meridien, One Gallop Way. It is a $300 million hotel and mixed-use development on seven acres, opposite Santa Anita Park race track. Developer Chateau Group USA held the ceremonal groundbreaking on June 27. Le Meridien is a Marriott brand. CEO Eric Chen spoke. Architects Orange, interior design firm Linda Snyder Associates and construction company Snyder Langston have been tapped to work this project. To open in 2020.

https://arcadiahistory.andornot.com/en/permalink/newspaper35211
Newspaper
Arcadia Weekly
Date
June 28, 2018
Pages
p. 1, 10
More detail
Newspaper
Arcadia Weekly
Date
June 28, 2018
Pages
p. 1, 10
Subjects
Chateau Group
Chen, Eric
Chiang, John
Hotels and motels
Le Meridien
Marriott
Item ID
35400AN
Collection
Newspaper Index
Less detail

Arcadia native Eileen Chen, a UCSB student, hosts global day of letter writing to senior citizens isolated by COVID-19. See also Pasadena Star News, p. A3, A4, February 16, 2021.

https://arcadiahistory.andornot.com/en/permalink/newspaper35898
Newspaper
Arcadia Weekly
Date
February 4, 2021
Pages
p. 9
More detail
Newspaper
Arcadia Weekly
Date
February 4, 2021
Pages
p. 9
Subjects
Chen, Eileen
Coronavirus-COVID-19
Pandemics
Volunteerism
Collection
Newspaper Index
Less detail

Breeders' Cup announces "Kid Reporter" interview series during 2016 Breeders' Cup, featuring 7-year-old Maddie Stevens, daughter of 10 time Breeders' Cup Champion Jockey and actor Gary Stevens.

https://arcadiahistory.andornot.com/en/permalink/newspaper34695
Newspaper
Arcadia Weekly
Date
November 3, 2016
Pages
p. 13
More detail
Newspaper
Arcadia Weekly
Date
November 3, 2016
Pages
p. 13
Subjects
Santa Anita Park-2011-2020
Breeders' Cup
Stevens, Maddie
Item ID
34897AN
Collection
Newspaper Index
Less detail

Family Festival Productions Inc. moves its Friday night Family Street Fair from Monrovia to downtown Arcadia.

https://arcadiahistory.andornot.com/en/permalink/newspaper34180
Newspaper
Arcadia Weekly
Date
May 28, 2015
Pages
p. 1, 17
More detail
Newspaper
Arcadia Weekly
Date
May 28, 2015
Pages
p. 1, 17
Subjects
Family Festival Productions Inc.
Street fairs
Item ID
34374AN
Collection
Newspaper Index
Less detail

Arcadia High School students Alex Chung, Alex Chen, Darius Jing and Joshua Ma have their own hip streetwear brand called The Faculty Clothing Company.

https://arcadiahistory.andornot.com/en/permalink/newspaper35098
Newspaper
Arcadia Weekly
Date
March 1, 2018
Pages
p. 1, 12
More detail
Newspaper
Arcadia Weekly
Date
March 1, 2018
Pages
p. 1, 12
Subjects
Arcadia High School students
Entrepreneurs
Chen, Alex
Chung, Alex
Jing, Darius
Ma, Joshua
Item ID
35286AN
Collection
Newspaper Index
Less detail

20 records – page 1 of 1.