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20 records – page 1 of 1.

Arcadia resident, Ruixue "Serena" Shi, gets 20-year sentence for Coachella Valley fraud involving $22.8 million in funds for a condominium and hotel complex called Hyde Resorts and Residences Coachella Valley. Shi was president and owner of Global House Buyer (GHB), a China-based real estate development company, and also was CEO of the Beverly Hills-based company Hyde Morgan Development, LLC. Chinese investors in the Hyde project were falsely promised visas through the EB-5 Immigrant Investor Program.

https://arcadiahistory.andornot.com/en/permalink/newspaper36374
Newspaper
Arcadia Weekly
Date
November 24, 2022
Pages
p. 8, 14
More detail
Newspaper
Arcadia Weekly
Date
November 24, 2022
Pages
p. 8, 14
Subjects
Crime and Criminals
Fraud
Global House Buyer
Hyde Morgan Development, LLC
Shi, Ruixue "Serena"
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

Monrovia man Yi Chen gets 4 years in prison for fraud in a student visa scheme to get Chinese immigrants into the U.S. unlawfully. From June 2015-February 2021, Chen was the CEO and owner of two so-called educational consulting companies in Alhambra and Arcadia that charged foreign students thousands of dollars for "guaranteed" admission to a college that would lead to the issuance of an F-1 student visa. See also Arcadia Weekly, p. 2, October 6, 2022.

https://arcadiahistory.andornot.com/en/permalink/newspaper36335
Newspaper
Pasadena Star News
Date
October 5, 2022
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
October 5, 2022
Pages
p. A3
Subjects
Chen, Yi "Brian"
Crime and Criminals
Fraud
Collection
Newspaper Index
Less detail

Feds move to seize homes in San Gabriel Valley, Rancho Cucamonga. The properties were allegedly purchased with millions in proceeds from what FBi investigators said was a fraudulent visa program. Victoria Chan and her father Tat Chan exploited the EB-5 visa program which offers legal permanent residence in the U.S. for foreign nationals who make job-creating investments of $500,000 or more in U.S. companies.

https://arcadiahistory.andornot.com/en/permalink/newspaper34889
Newspaper
Pasadena Star News
Date
May 26, 2017
Pages
p. A5
More detail
Newspaper
Pasadena Star News
Date
May 26, 2017
Pages
p. A5
Subjects
California Investment Immigration Fund
Chan, Tat
Chan, Victoria
EB-5 Visa Program
Fraud
Item ID
35079AN
Collection
Newspaper Index
Less detail

A 20-year old baby sitter from mainland China testified about the events she said led to her enslavement by Arcadia couple Dianyi Zhia and Hua Jiang. See also Pasadena Star News, July 23, 1997, p. A1.

https://arcadiahistory.andornot.com/en/permalink/newspaper10088
Newspaper
Pasadena Star News
Date
July 22, 1997
Pages
P. A1
More detail
Newspaper
Pasadena Star News
Date
July 22, 1997
Pages
P. A1
Subjects
Zhai, Dianyi
Jiang, Hua
Item ID
10042AN
Collection
Newspaper Index
Less detail

Woman gets 20 years in prison for bilking investors. Ruixue "Serena" Shi, 38, of Arcadia, bilked investors in a Southern California hotel and condominium project of at least $26 million. See also Arcadia Weekly, p. 8, 14, November 24, 2022.

https://arcadiahistory.andornot.com/en/permalink/newspaper36378
Newspaper
Pasadena Star News
Date
November 23, 2022
Pages
p. A4
More detail
Newspaper
Pasadena Star News
Date
November 23, 2022
Pages
p. A4
Subjects
Crime and Criminals
Fraud
Global House Buyer
Hyde Morgan Development, LLC
Shi, Ruixue "Serena"
Collection
Newspaper Index
Less detail

A recent report filed in federal court says Gemcoin's scam collected $164 million. Initially, investigators linked Gemcoin to $32 million in fraudulent investment. Steven Chen, his company U.S. Fine Investment Arts Inc., and Gemcoin (digital currency backed by precious gem reserves and amber mines) are accused of a "worldwide pyramid scheme."

https://arcadiahistory.andornot.com/en/permalink/newspaper34615
Newspaper
Pasadena Star News
Date
July 24, 2016
Pages
p. A7
More detail
Newspaper
Pasadena Star News
Date
July 24, 2016
Pages
p. A7
Subjects
Chen, Steven
Crime and Criminals
Fraud
Gemcoin
Seaman, Thomas
U.S. Fine Investment Arts Inc.
Item ID
34807AN
Collection
Newspaper Index
Less detail

SEC reports show Gemcoin, USFIA were set up to 'defraud investors.' USFIA claimed it had amber mines, millions in precious gems, and other assets to back up its digital currency called Gemcoin, but none of that was real.

https://arcadiahistory.andornot.com/en/permalink/newspaper34499
Newspaper
Pasadena Star News
Date
March 20, 2016
Pages
p. A5
More detail
Newspaper
Pasadena Star News
Date
March 20, 2016
Pages
p. A5
Subjects
Chen, Steven
Cryptocurrency
Fraud
Gemcoin (company)
Liu, Long Z.
Ponzi scheme
US Fine Investment Arts, Inc. (USFIA)
United States Securities and Exchange Commission (SEC)
Wuo, John
Zhao, Jennifer aka Zhao, Li
Item ID
34691AN
Collection
Newspaper Index
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Arcadia resident in the 700 block of Camino Grove Avenue finds the body of a stranger in his swimming pool. The dead man is 35-year old Greg Tser-Ming Chen of Arcadia. Foul play was not initially suspected in the death. Chen's dog, a golden retriever, which was not on a leash, was found in the backyard too. Chen leaves behind a wife Maggie, who is pregnant with the couple's second child, and a toddler-aged son. See also Pasadena Star News, p. A3, August 9, 2013.

https://arcadiahistory.andornot.com/en/permalink/newspaper33584
Newspaper
Pasadena Star News
Date
August 10, 2013
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
August 10, 2013
Pages
p. A3
Subjects
Chen, Greg Tser-Ming
Deaths
Item ID
33779AN
Collection
Newspaper Index
Less detail

Arcadia firm US Fine Investment Arts (USFIA) is charged in fraud. Securities and Exchange Commission (SEC) alleges operator used GemCoin in a worldwide pyramid scheme, allegedly bilking investors out of $32 million.

https://arcadiahistory.andornot.com/en/permalink/newspaper34317
Newspaper
Pasadena Star News
Date
October 3, 2015
Pages
p. A1, A6
More detail
Newspaper
Pasadena Star News
Date
October 3, 2015
Pages
p. A1, A6
Subjects
Chen, Steve
Gemcoin (company)
US Fine Investment Arts, Inc. (USFIA)
Wuo, John
Item ID
34510AN
Collection
Newspaper Index
Less detail

Arcadia firm GemCoin proves it owns amber mines in Caribbean, backing E-currency (cryptocurrency), despite earlier claims those mines did not exist. Still, there is no evidence GemCoin's digital currency had any revenue backing it beyond the funds generated from investors, according to court-appointed company tasked with going through U.S. Fine Investment Art Inc.'s books. Investigators found 300 acres of land in Dominican Republic, with a working mine, purchased for $373,000 in the name of CEO Steve Chen's brother Yan Chen.

https://arcadiahistory.andornot.com/en/permalink/newspaper34724
Newspaper
Pasadena Star News
Date
November 23, 2016
Pages
p. A1, A6
More detail
Newspaper
Pasadena Star News
Date
November 23, 2016
Pages
p. A1, A6
Subjects
Chen, Steve
Chen, Yan
Cryptocurrency
Gemcoin
U.S. Fine Investment Art Inc.
Item ID
34916AN
Collection
Newspaper Index
Less detail

Arcadia High School student Darius Jing (photo), receives $20,000 surprise scholarship from Footlocker. He will attend Yale University.

https://arcadiahistory.andornot.com/en/permalink/newspaper35157
Newspaper
Arcadia Weekly
Date
April 19, 2018
Pages
p. 16
More detail
Newspaper
Arcadia Weekly
Date
April 19, 2018
Pages
p. 16
Subjects
Arcadia High School students
Jing, Darius
Item ID
35346AN
Collection
Newspaper Index
Less detail

Bradbury man Steve Chen, CEO of U.S. Fine Investment Arts, Inc. Gem Coin, and other companies, allegedly conspired to commit fraud with his Arcadia-based marketing company, to plead guilty. He promised potential investors gemstones from their mines along with valuable digital currency. See also Arcadia Weekly, p. 4, February 27, 2020.

https://arcadiahistory.andornot.com/en/permalink/newspaper35675
Newspaper
Pasadena Star News
Date
February 21, 2020
Pages
p. A4, A4
More detail
Newspaper
Pasadena Star News
Date
February 21, 2020
Pages
p. A4, A4
Subjects
Chen, Steve
Crime and Criminals
Cryptocurrency
Fine Investment Arts, Inc.
Gem Coin
Collection
Newspaper Index
Less detail

Secret brothels in residential areas of Monterey Park, Alhambra dand Rowland Heights were uncovered recently. Among the conspirators arrested was Jian "David" Guo, 42, of Arcadia.

https://arcadiahistory.andornot.com/en/permalink/newspaper32137
Newspaper
Pasadena Star News
Date
August 11, 2010
Pages
p. A4
More detail
Newspaper
Pasadena Star News
Date
August 11, 2010
Pages
p. A4
Subjects
Arrests
Brothels
Crime and Criminals
Guo, Jian "David"
Prostitution
Item ID
32334AN
Collection
Newspaper Index
Less detail

Feds seize assets of US Fine Investment Arts (USFIA), a company that sells GemCoin, a digital currency that is purportedly backed by amber and other precious gems. Arcadia City Councilman John Wuo has denied any connection to the company. Securities and Exchange Commission served a temporary restraining order against USFIA and CEO Steven Chen. USFIA is under scrutiny for allegedly defrauding investors.

https://arcadiahistory.andornot.com/en/permalink/newspaper34316
Newspaper
Pasadena Star News
Date
September 30, 2015
Pages
p. A1, A4
More detail
Newspaper
Pasadena Star News
Date
September 30, 2015
Pages
p. A1, A4
Subjects
Chen, Steve
Gemcoin (company)
US Fine Investment Arts, Inc. (USFIA)
Wuo, John
Item ID
34509AN
Collection
Newspaper Index
Less detail

Former Arcadia man accused of lying, losing millions of investors' money. James Arthur McDonald, Jr. former CEO and Chief Investment Officer of Hercules Investments LLC and Index Strategy Advisors Inc. was charged with one count of securities fraud. Prosecutors claim McDonald lost clients of his Los Angeles-based firm Hercules millions of dollars in late 2020. He had been renting a home in Arcadia.

https://arcadiahistory.andornot.com/en/permalink/newspaper36351
Newspaper
Pasadena Star News
Date
September 22, 2022
Pages
p. A8
More detail
Newspaper
Pasadena Star News
Date
September 22, 2022
Pages
p. A8
Subjects
Crime and Criminals
Fraud
McDonald, James Arthur
Collection
Newspaper Index
Less detail

Martial arts champion, Hollywood actress, and stunt woman, Jing Li, is a martial arts instructor at Washu Action Star Academy in Temple City. She will be a guest at the Arcadia Branch of the American Association of University Women on Monday, November 12. She will present a program about Washu, an exhibition, and full contact sport, and view the documentary film "Autumn Gem," in which Jing Li has a starring role. See also Arcadia Weekly, p. 12, November 1, 2012.

https://arcadiahistory.andornot.com/en/permalink/newspaper33185
Newspaper
Mountain Views News
Date
October 27, 2012
Pages
p. 6
More detail
Newspaper
Mountain Views News
Date
October 27, 2012
Pages
p. 6
Subjects
Actors and actresses
American Association of University Women (AAUW)
Li, Jing
Martial arts
Item ID
33382AN
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

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

Guns and hoses: local firefighters speak out on first responders and the Utility Users Tax (UUT) aka Measure A. The repeal of the UUT would result in dramatic loss of service in fire and police departments. Photo includes Brian Ursettie, Nick Wiegand, Chen Suen, Jeremy Conrad, Thomas Devlin, Kevin Valentine.

https://arcadiahistory.andornot.com/en/permalink/newspaper34511
Newspaper
Arcadia Weekly
Date
March 17, 2016
Pages
p. 1, 16
More detail
Newspaper
Arcadia Weekly
Date
March 17, 2016
Pages
p. 1, 16
Subjects
City Council Elections-2011-2020-April 2016
Conrad, Jeremy
Devlin, Thomas
Suen, Chen
Ursettie, Brian
Utility Users Tax (UUT)
Valentine, Kevin
Wiegand, Nick
Item ID
34703AN
Collection
Newspaper Index
Less detail

20 records – page 1 of 1.